📢 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
From the daily chart perspective, BTC has rebounded to a critical position. Only by breaking through and holding above the daily chart MA30 can the trend return to the rise channel, and this round of pullback will come to an end. Conversely, if it cannot break through and is suppressed by MA30, it will face another retest.
Therefore, it is not recommended to chase the rise when BTC rebounds to around 117k; it is necessary to first observe whether it can hold above.
Short positions at night can be considered around the 117k level, aggressive traders can enter with a light position around the 116.5k level, targeting 115.7k, 114.3k, and 113k.