🎉 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.
Bitcoin midday thoughts
Bitcoin is trapped in a short-term oscillation range of $117,000-$119,000, and tonight's PCE data may be the key to breaking the situation.
Strategy:
Break through 119,000 → Follow the trend to go long (Target 120,500-122,000, triggering 2 billion USD short liquidation)
Break below 117,000 → Beware of a rapid drop to 115,000 → 110,000 (liquidity clearing zone) #BTCÐ Launchpool收益超3%#