🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
🆘 #Gate 2025 Semi-Year Community Gala# | Square Content Creator TOP 10
Only 1 day left! Your favorite creator is one vote away from TOP 10. Interact on Square to earn Votes—boost them and enter the prize draw. Prizes: iPhone 16 Pro Max, Golden Bull sculpture, Futures Vouchers!
Details 👉 https://www.gate.com/activities/community-vote
1️⃣ #Show My Alpha Points# | Share your Alpha points & gains
Post your
$BTC || Bitcoin Real-Time Price Analysis – What’s Driving the Action Now? 🐂⚡
---
Market Snapshot – Price in Focus
Current Price: ~$112,353 — down ~0.9% from the previous close
Intraday Range: High of ~$114,726, Low of ~$112,218 — indicating notable volatility
---
Key Market Drivers & Signals
ETF Outflows & Liquidations: A massive day of ETF exits (~$523M) coupled with $2.3B in futures liquidations has added downward pressure on BTC .
Support Levels in Play: BTC is hovering near crucial support around $113K–$114K. A break below risks dragging it toward the $110K–$108K zone .
Institutional Buy the Dip: Despite headwinds, institutional investors have stepped in, pushing BTC from ~$112K back toward $114K .
Macro Watch – Fed Speaks: Powell’s speech at Jackson Hole is looming—and could be the next major inflection point for BTC, especially if it sways rate policy .
---
Bull vs. Bear – What Could Happen Next?
Bullish Case
Strong support holds around $113K–$114K → could trigger a bounce toward $120K.
Dip-buying from institutions adds fuel to the rally .
A dovish tone from Powell may reverse pressure from ETF outflows and boost momentum.
Bearish Case
A breach below $113K → possible move down to $110K or lower .
Continued ETF outflows and macro tightening → sustained selling pressure.
Powell leaning hawkish → could accelerate the downtrend.
---
Critical Questions to Watch
Will Bitcoin hold above $113K–$114K, or will it slip into deeper correction?
Can institutional demand continue to absorb sell pressure and sustain bids?
Will Powell’s remarks at Jackson Hole ignite a reversal or reinforce bearish sentiment?
---
Bottom Line – Watch That Support Zone!
Bitcoin is currently in a high-stakes tug-of-war, balancing at a pivotal price level. Institutional activity and macro shifts could soon hand control to the bulls or open the door to deeper corrections.
Key Factors to Monitor:
$113K–$114K support zone
Powell’s Jackson Hole speech
ETF flows & futures positioning
Let $BTC $ETH
#Gate Initial Global Listing YZY# #Crypto Market Rebound# #FOMC July Minutes#