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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.
🎁 4 winners split $100 Futures Voucher! - 📢 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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📅 Event Period
August 11 – 20, 2025
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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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Dare to trade. Dare to win.
Wall Street Encryption Daily 08.09: Wu Song vs. the "Blocking Tiger", who do you think will win?
Opinion: On Friday, Bitcoin was in a tug-of-war between bulls and bears around 116500. The bear "roadblock" at 115700 made two attempts to exert pressure but was defeated by the bulls, demonstrating that the bulls still maintain an advantage. However, the pullback after a spike yesterday also indicates that there is significant pressure near the upper bound of the descending channel at 117500. We believe that for the bulls to successfully break upward, a sufficient oscillation and handover near the 116500 point is indeed necessary. Typically, weekend trading is characterized by narrow fluctuations, so it is expected that after the weekend's handover, the bulls will have the conditions to break through the two resistances of 117500 and 118000.
Operational strategy: On weekends, small wave operations can be performed around 116300 and 115800 as low entry points and additional buying points for long positions, while tactical reductions can be made around 116800 and 117100.
Risk Warning: The easing of relations between the US and Russia is temporarily beneficial for multiple parties. Pay attention to changes in the situation, and technically, 115100 can be used as a take-profit and stop-loss level.