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- 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
📍 Follow Gate_Square, vote and drop your reason.
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CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
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📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ - 💙 Gate Square #Gate Blue Challenge# 💙
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📅 Event Period
August 11 – 20, 2025
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1. Post your original creation (image / video / hand-drawn art / digital work, etc.) on Gate Square, incorporating Gate’s brand blue or the Gate logo.
2. Include the hashtag #Gate Blue Challenge# in your post title or content.
3. Add a short blessing or message for Gate in your content (e.g., “Wishing Gate Exchange continued success — may the blue shine forever!”).
4. Submissions must be original and comply with community guidelines. Plagiarism or re - 🎉 The #CandyDrop Futures Challenge# is live — join now to share a 6 BTC prize pool!
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📅 Event Period: August 1, 2025, 15:00 – August 15, 2025, 19:00 (UTC+8)
👉 Event Link: https://www.gate.com/candy-drop/detail/BTC-98
Dare to trade. Dare to win.
The current Bitcoin price is showing weakness, having fallen below the lower band of the Bollinger Bands, and is exhibiting a clear downtrend. Short positions are in control, and the market may continue to decline in the short term.
In this case, investors need to act cautiously. The strength of the rebound may be limited, so adopting a trend-following short positions strategy may be wiser. Consider establishing short positions around $1160, with a target price set at around $1145. However, risk management is crucial, and it is recommended to set the stop-loss point above $116500.
It is worth noting that blindly bottom-fishing in the current market environment may pose significant risks. Especially during the European trading session, the market may experience accelerated falls, and investors need to remain vigilant.
Overall, in this volatile market, controlling positions and strict risk management are particularly important. Investors should closely monitor market trends and adjust their strategies in a timely manner to cope with potential sharp fluctuations.