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- 🎉 The #CandyDrop Futures Challenge# is live — join now to share a 6 BTC prize pool!
📢 Post your futures trading experience on Gate Square with the event hashtag — $25 × 20 rewards are waiting!
🎁 $500 in futures trial vouchers up for grabs — 20 standout posts will win!
📅 Event Period: August 1, 2025, 15:00 – August 15, 2025, 19:00 (UTC+8)
👉 Event Link: https://www.gate.com/candy-drop/detail/BTC-98
Dare to trade. Dare to win. - 📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
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Tari is a Rust-based blockchain protocol centered around digital assets.
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🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
📊 Bitcoin (BTC) Market Analysis
Bitcoin is currently trading around $105,971, reflecting a daily gain of 1.63%. The price is holding above the 200-day SMA, confirming long-term bullish strength even amidst recent short-term corrections.
🔍 Technical Breakdown:
RSI: 41.25 → Nearing oversold territory, signaling a possible bounce.
SMA Levels:
SMA20: $102,331.70
SMA50: $99,201.26
SMA200: $77,874.79
Bollinger Bands: BTC is close to the lower band → undervaluation signal.
📈 Macro Insight:
Over $3.3B flowed into crypto products in the last week of May, marking strong institutional interest. Strategic accumulation and structural support are driving BTC toward potential breakout zones in the upcoming sessions.
🔮 Conclusion:
BTC is in a strong consolidation phase. If $95K holds, bulls may take the lead again. Long-term trend remains intact. Eyes on breakout above $108K for momentum continuation.
#BTC#
#Market#
#CryptoTrend#
#SupportZone#
#BullishMomentum#