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- 📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
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
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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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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.
Bitcoin has recently shown weak performance, although it has attempted to rise twice, neither resulted in a significant breakthrough. The technical indicator KDJ continues to contract, and the price is running closely along the middle band of the Bollinger Bands, indicating that the market is still in a wait-and-see state.
From a long-term trend perspective, Bitcoin is still expected to hit new highs this year, but the market has not yet reached a breakthrough moment. Investors can adopt a strategy of selling high and buying low to look for opportunities in the current market.
The specific operational suggestions are as follows: consider selling on the rise within the range of 115,000 to 115,500 USD, with a target price looking down at 112,500 USD. This strategy can achieve relatively stable returns in the current volatile market.
It is worth noting that while Bitcoin may continue to fluctuate in the short term, investors should not overlook its long-term growth potential. Closely monitoring market trends and adjusting strategies in a timely manner will help achieve better investment returns in this cryptocurrency market filled with opportunities and challenges.