📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
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🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
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There are probably quite a few people thinking about buying the dip right now, but one must be wary of market makers directly causing a price drop that buries all the buy-the-dip orders—never assume that just because the price has reached a low point, it is definitely an opportunity for a rebound.
Currently, there is a sustained low-level fluctuation, which is obviously a state of accumulation after the previous significant drop. From a technical perspective, a large bearish candlestick on the daily chart has directly broken through the middle track support, with the entity showing a downward volume trend, and the MACD has also formed a death cross downwards; the 4-hour chart shows a cliff-like decline, with bearish signals very clear. If it cannot stabilize above the 116000 level, the downward trend is likely to continue, with the key support level to watch below being 113000.
#BTC ETF持仓破1530亿美元# #ETH 热浪战队争霸赛来袭#