📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
Bitcoin small-scale the trading range fluctuations and mid-game break trading strategy
The core logic and the rationality of the bull market correction
• Resilience of the trend and halftime: The bull market is not over, it's just a correction after the rise — "After a long rise, it will get tired," a correction is a healthy rhythm, and once a trend is formed, it is difficult to change easily, no need to panic excessively;
• Constraints of the small trading range: A 15-minute level break above the trading range will shift into oscillation within the lower trading range. With low liquidity on weekends, it is highly likely to maintain range fluctuations. Only a breakthrough/breakdown of the trading range will reveal direction, and higher-level signals will only emerge after the clarity of the smaller level.
Key Level Trading Strategy
• Long conditions:
1. Break through the upper edge of the trading range below + stabilize at 114053 USD → chase long on the right side, target reference for take profit at the yellow arrow, if unable to stabilize above 114053 USD, then give up;
2. The lower boundary of the trading range stops falling + a strong bullish candle → take a small long position with a stop loss outside the lower boundary of the trading range, suitable for short-term speculation.
• Short selling conditions:
1. 4-hour level breaks below $113,181 → right-side short, target $112,133 → $110,510, breaking below $112,133 indicates short-term weakness;
2. When the price rebounds above the trend line and encounters resistance → take a light short position on the left side, with strict stop-loss (exit if the solid K-line closes above the trend line), this trade has low cost-effectiveness, participate cautiously.
Weekend trading strategy
• Response to low liquidity:
◦ On Saturday, the fluctuations were small, and the direction was hard to determine. Do not force operations; wait for a clear breakout signal from the trading range before following up. "If there are no opportunities, just take a break";
• Priority of long and short positions:
◦ Long positions need to wait for a stable stance at 114,053 dollars, while short positions require a 4-hour level break confirmation. Focus on light positions during fluctuations to avoid being swept out.
Summary: Bitcoin is in a corrective adjustment phase within the trading range, with the core trading strategy being: primarily observing over the weekend, closely monitoring the breakout/breakdown signals of the lower trading range, long positions relying on $114,053, and short positions relying on $113,181, avoiding confrontation with low liquidity markets.