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Track real-time hot topics in the crypto world and seize the best trading opportunities. Today is Monday, August 11, 2025. I am Wang Yibo! Good morning to all crypto friends ☀️ hardcore fan daily attendance 👍 Like and make a fortune 🍗🍗🌹🌹
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August has quietly passed one-third, and in just these 10 days (from the 1st to the 10th), the crypto market has staged an extreme "ice and fire" scenario. Some have reaped surprises amid the violent fluctuations, while others have sunk into worries during the market reversal, and a flood of news intertwines, influencing every pulse of the market. At the beginning of the month (from the 1st to the 3rd), the market first focused on the "Golden Hair Lion" tariff policy, with related expectations stirring the funds' emotions. Soon after, the "fake non-farm data" scandal and Powell's strong hawkish statement followed one after another, and for a time, the market's expectations for interest rate cuts in 2025 cooled completely, even forming a consensus of "no interest rate cuts for the whole year." Against this backdrop, long positions in the futures market were massively liquidated, and the spot market also began to plummet, with panic spreading. However, the market's reversal came unexpectedly. On August 7, Old Trump announced he would sign an executive order allowing cryptocurrencies to be included in the 401 (k) pension plan. This heavy news not only is an extreme pressure on Powell but also makes the market sense the possibility of a shift in the Federal Reserve's policy. Subsequently, Ethereum led the surge, and the entire crypto market once again witnessed the spectacle of "demons dancing wildly, dogs and chickens rising to heaven," and the short positions in the futures market were thus cleaned out. As the release of the U.S. CPI data on August 12 approaches, the market experienced another pullback yesterday, further confirming the crypto market's attribute of being a "news market"—success is due to news, and failure is also due to news. It can be said that the trend of the crypto market in 2025 largely depends on the "Golden Hair Lion's" mood. To profit in such a market, one must ambush in advance and seize the opportunity, otherwise, it will be difficult to achieve anything. Focus on Yibo to grasp real-time market dynamics, so as to seize the opportunity in the ever-changing market.
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Bitcoin initially consolidated around the low of 116366 yesterday morning, then surged with volume, reaching a peak of 119205. After the highs, the price retreated somewhat, entering a phase of high-level consolidation, continuing the rhythm of oscillation and accumulation after the upward movement. The coin price is currently maintaining a temporary high-level oscillation on the daily chart, but on the larger time frame, it is hugging the short-term moving average, maintaining a relatively strong upward oscillation. On the 4-hour chart, the K line is also moving along the short-term moving average with a somewhat stronger oscillation. Although it is currently operating near the previous pressure zone, there is basically no adjustment space for the price, leaning towards the possibility of a continuation of the rebound in the short-term trend. Furthermore, it seems very promising to refresh the historical high, as this upward momentum is too fierce. The price has been rising continuously without any pullbacks, making it impossible to short; one can only follow the trend and be bullish, as there have been no opportunities for pullbacks to enter long positions. In the face of such a strong upward momentum, any pressure feels like a mere illusion, easily broken without hesitation.
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Ethereum first surged to the 4333 level, then fell back, finding support around 4161, followed by a volatile rebound. Currently, it is consolidating around 4230, showing an overall oscillatory repair trend after the surge and subsequent fall. From the daily chart perspective, the market is presenting a staircase-like upward pattern and has successfully broken through the middle band of the Bollinger Bands. During this period, although the bears attempted to pull back, the strength was weak and failed to reverse the upward rhythm. In the MACD indicator, the fast and slow lines have turned upwards and are gradually converging, with a golden cross pattern about to form, indicating that the overall trend is leaning towards bulls. On the four-hour chart, the market is mainly experiencing oscillatory upward movement, having broken through the upper band of the Bollinger Bands, with the bands opening continuously upwards. All moving average indicators show that bulls dominate. However, it is important to note that in the KDJ indicator, the K value and J value have entered the overbought area, indicating short-term pullback pressure. In summary, every upward exploration by the bulls is accompanied by slight pullbacks, but these pullbacks consistently lack continuity and fail to form effective suppression. Therefore, in terms of operation, it is recommended to focus on buying low after pullbacks, using the pullback opportunities to lay out long positions, aligning with the overall upward trend.