📢 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
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
Yesterday, BTC and Ether began a one-sided upward assault, with BTC reaching a daily high of 115431 and Ether rising simultaneously to 3674. The two major mainstream tokens joined forces to refresh their stage highs. Based on depth market analysis and trend judgment, our team accurately targeted long positions in today’s early session, with the actual performance closely aligning with our predictions, and all preset target levels were successfully achieved.
From a technical analysis perspective, BTC shows a one-sided upward trend on the four-hour chart, reaching the upper band under pressure. The Bollinger Bands are narrowing and the upward movement is limited. In combination with the hourly level, it appears to be fluctuating upward. In the short term, the long positions momentum remains strong, with highs continuously rising. Recently, we can observe whether it can stabilize above 115000 and switch to Ether's trend. The four-hour K-line has strongly broken through the upper band resistance of the Bollinger Bands, with the long positions' energy continuously being released, demonstrating a strong upward momentum. Observing the market, it is currently still in a healthy upward channel, with no obvious overbought or divergence signals. In summary, it is expected that BTC and Ether will continue to rise tonight, and it is recommended to buy on dips.
It is recommended to buy BTC at 114500-115000, with a target of 116800; for Ether, you can wait for a pullback to around 3600 before buying, with a target looking up to around 3750. Be aware of the key level at 3550 below. The evening will have significant fluctuations, so pay attention to timely adjustment measures.