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- 📢 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
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📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
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1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ - 💙 Gate Square #Gate Blue Challenge# 💙
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4. Submissions must be original and comply with community guidelines. Plagiarism or re - 🎉 The #CandyDrop Futures Challenge# is live — join now to share a 6 BTC prize pool!
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Dare to trade. Dare to win.
August 8th Bitcoin Ethereum market analysis and trading strategy
From the current market perspective, the daily chart shows that the recent price has quickly risen from the low of around 3645 to 3828, forming a large bullish candlestick, indicating strong bullish momentum. On the hourly chart, there is significant resistance around 3850, with multiple attempts to break through failing, presenting a consolidation trend in the short term. The MACD on the hourly chart is above the zero axis, but the bullish bars are shortening, indicating weakening momentum; the daily MACD golden cross continues, with a bullish trend. The RSI on the hourly chart is at 72, close to the overbought zone, which may face pullback pressure; the daily RSI is at 71, still maintaining a strong zone. The EMA 7-period moving average on the hourly chart provides effective support, and the price is moving along the EMA 7; the 30 and 120-period moving averages are diverging upwards, indicating an overall bullish trend.
Bitcoin: Long at 116300-115300, target: 117000-118500
Ethereum: Long at 3800-3760, Target: 3900-3950
#ETH巨鲸增持# #九月降息预期#