📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
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Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
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Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
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BTC has been consolidating around 118,000 and made a rapid pump in the morning, causing the coin price to quickly surge above 122,000. Ether also launched a strong offensive, once again refreshing its previous high. Our bullish outlook from the morning has been perfectly validated. We got on board BTC at the 118,992 point and captured a strong gain of 2,886 points at the 121,876 point, almost perfectly grasping the morning's swing trading. Subsequently, the layout for Ether also achieved a gain of 54 points. The new week has successfully kicked off the sprint.
Looking at the four-hour chart, the coin price continues the previous upward trend, once again making a large pump. The current coin price is running above the upper track, forming a rapid surge pattern of overbought indicators. The bullish sentiment is reignited, with the MACD energy bars continuously strengthening. The Bollinger Bands are rapidly expanding, further opening up an upward channel for the future price increase. After the current coin price surged, it did not give a significant retracement. After some consolidation and correction, the coin price is expected to challenge historical highs again. From the current trend, reaching this high point is just a matter of time. In the short term, looking at the hourly chart, the coin price made a rapid pump and then entered a high-level consolidation state. After the coin price surged, it not only did not provide the expected retracement but instead showed a slow oscillation upward at high levels. This indicates the strength of the current BTC upward trend. Our bullish outlook remains unchanged; we will continue to buy on dips.
BTC is long around 121500, pay attention to around 123000, the second coin is long around 4270, pay attention to around 4370.
#BTC# #ETH# #GateioInto11#