📢 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
It's been a long time since I've made a prediction. The things I've been talking about every day are too practical and lack emotional value, so the viewers aren't interested anymore. Today, let's make a prediction:
The $BTC chart is as follows:
Currently, there are no positions held, I am in cash. If the price reaches the red circle point as I have drawn, I will attempt to short. Please pay attention to reading comprehension.
The chart of $ETH is as follows.
The current E may be in the last phase of the second upward surge, or it may have already entered the third upward surge; it's not easy to determine.
However, at present, apart from the strong support from E on Huahua Street, other cryptocurrencies, including Bitcoin, have started to perform poorly.
Because the market is led by E, I give it a bit more consideration and allow for a larger margin. However, this kind of twisted market is not suitable for my trading system, so I haven't participated much. If E makes a strong push to 5000, I won't be flustered; after all, if we only calculate the returns without leverage at 1x, making 10-20 points is easy.
In summary, the market may be nearing its end, but there is still no clear signal to short; it remains in a bullish-dominated trend. The strategy is to maintain a non-committal participation approach and cautiously engage in areas of smaller levels that can be clearly understood.