📢 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
Technical Analysis 2025-08-12
**BTC Weekly level: [Mainly short] ** Correction wave 6 in an upward trend, with support at 100000; //Currently, the daily level is in sideways consolidation, short positions are being entered in batches.
Daily Level: [Mainly Short Positions] Failed to effectively break through the upper resistance level of 120000, maintaining volatility, short on high. //Range fluctuations, can enter short positions.
Intraday Level: [Mainly Short Positions] The uptrend has ended, with a focus on short positions, and a low range for long positions. //Upper resistance 120600, lower support 116100;
**ETH
Weekly Level: 【Wait and See】** Breakthrough the upper track of the large range oscillation, chasing the rise is not advisable; //To be determined whether the range is broken, see if the pullback to 4000 is a valid break.
Daily Level: 【Short Position】 The upward trend remains unchanged, with multiple indicators in a state of divergence, so it is not advisable to chase the rise. //The range is consolidating, and it hasn't retraced yet; you can lightly position for a short entry.
Intraday Level: [Low Long High Short] The upward trend has ended, entering a consolidation phase, with a focus on short positions. //Upper resistance 4340, lower support 4160, 4010;