📢 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
Analyst Chen Shu: 8.15 short-term pullback focuses on the support at 11.75 below, midnight market analysis / with trading strategy attached
Market Analysis: Bitcoin experienced a significant pullback after a daily surge, currently dropping to the daily MA30 support level at 11.75. Follow the situation regarding this support level; if it is lost, the downward pressure will continue, testing the 4-hour MA256 level at 11.6. As for Ethereum, the daily chart also shows a long lower shadow, retracing to the MA5 level. Follow the situation around the 4500 support; if it is lost, it may drop to the 4200 level, with a focus on the subsequent retracement strength.
Trading strategy (published at: 23:30):
BTC: 11.75/11.6 long, target looks at 11.85/11.9; short positions temporarily remain on the sidelines.
ETH: 44000/43300 long, target at 4500/4550
The daily analysis strategy has a very high win rate! Analysis is not easy, and I hope everyone can give a free follow, bookmark, like, and comment. Thank you all, and feel free to leave comments below for discussion; I will reply one by one!