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- Gate July 2025 Transparency Report:
Accelerating Leadership in the Global Crypto Landscape!
#GateTransparencyReport# - 📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
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Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
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Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
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🆘 #Gate 2025 Semi-Year Community Gala# | Square Content Creator TOP 10
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Details 👉 https://www.gate.com/activities/community-vote
1️⃣ #Show My Alpha Points# | Share your Alpha points & gains
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Good morning! Things are not looking good, the recent performance of BTC yesterday was really exciting. After breaking through 122200, short positions started to make a strong push, leading to a pullback, and it also went south all the way back to the starting point. I wonder if everyone made money during this surge. From the current performance, it is in a short-term low position rebound phase; this is essentially just a high pullback. Recently, during the decline, the trading volume has decreased, indicating that sell with bearish market momentum is weakening, which is favorable for the rebound. There is hope to break through the 120k mark again within the week!
Technically, the MACD fast and slow lines on the hourly level are both below the zero axis, but the red bars are starting to shorten, indicating that the bearish strength is beginning to weaken, and a rebound phase may be entering. The RSI is close to the oversold zone but has not yet reached it, suggesting that there are technical conditions for a short-term oversold rebound, but the medium-term still remains weak.
BTC strategy: Moving north near 118800, target 120000