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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!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 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 - 🎉 Attention Alpha fans! Alpha’s latest TAG airdrop goes live today at 10 AM—first come, first served!
💰 Don’t forget to share your airdrop or points screenshot on Gate Square with the hashtag #ShowMyAlphaPoints# for a chance to win a share of the $200 token mystery box!
🥇 Top points winner: $100
✨ 5 outstanding posts: $20 each
📸 Pro tips:
Add a caption like “I earned ____ with Alpha. So worth it”
Share your points-earning tips or redemption experience for a better chance to win!
📅 Activity deadline: August 10, 18:00 UTC
Let’s go! See you tonight: https://www.gate.com/announcements/article - 🎉 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!
🎁 $500 in futures trial vouchers up for grabs — 20 standout posts will win!
📅 Event Period: August 1, 2025, 15:00 – August 15, 2025, 19:00 (UTC+8)
👉 Event Link: https://www.gate.com/candy-drop/detail/BTC-98
Dare to trade. Dare to win.
📉$BTC -0.86% Daily | -3.6% Weekly
Bitcoin is under pressure: technical rejection, whale activity, and macro risks deepen the pullback.
🔻 1. Reject technical
Unable to exceed the threshold of 123,000 dollars — the price has dropped below the 7-day SMA ( 114,600 dollars ). MACD has shifted to a downward trend. The current important support level is 113,400 dollars.
🐋 2. Whale Activities
Inactive wallets have transferred 330 BTC ( worth 39 million dollars ) + a transaction of 20,000 BTC ( worth 2.18 billion dollars ) through Galaxy. No sell-off information has been confirmed yet, but market sentiment is becoming cautious.
💥 3. Liquidation
81 million dollars in long positions have been wiped out - accelerating the price decline.
🌐 4. Macroeconomic Pressure
DXY increased by 3% in 6 days. New tariffs from the United States boosted the dollar and reduced risk appetite. #BTC futures premium decreased to 7% ( from 35% in May ).
📊 5. MVRV Ratio
MVRV > 3.5: Indicates the highest local risk — most investors are in profit.
MVRV < 1: Strongly oversold — historically this is a good buying zone.
📌 In summary:
#Bitcoin has decreased again after a +103% growth this year. While institutions continue to accumulate (ETF AUM of $148 billion ), short-term traders are targeting a recovery level of $116,000.