🎉 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.
After the influence of various news in the earlier stage, the weekend lived up to expectations, dipping all the way down and breaking the range-bound pattern, ultimately falling to 111850 before recovering. Regarding the current market data, the short-term rebound correction following a series of declines is not a reversal, and both the Bollinger Bands and moving averages are showing a downward extension. Currently, despite some weak rebound in the small time frame, the strategy during the day can be to go short first and then long.
Short around 115000-115500, look for 114000-113400.