- Topic
19k Popularity
11k Popularity
98k Popularity
2k Popularity
8k Popularity
- Pin
- 📢 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 - 💙 Gate Square #Gate Blue Challenge# 💙
Show your limitless creativity with Gate Blue!
📅 Event Period
August 11 – 20, 2025
🎯 How to Participate
1. Post your original creation (image / video / hand-drawn art / digital work, etc.) on Gate Square, incorporating Gate’s brand blue or the Gate logo.
2. Include the hashtag #Gate Blue Challenge# in your post title or content.
3. Add a short blessing or message for Gate in your content (e.g., “Wishing Gate Exchange continued success — may the blue shine forever!”).
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!
📢 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 Blue Challenge #
#BTC# / #USDT#
Current Market Snapshot
- Current BTC/USDT price: $119,194.9
- 24-hour High: $120,797.0
- 24-hour Low: $118,050.0
- 24-hour BTC Volume: 8.47K
- 24-hour USDT Turnover: $1.01B
- BTC/USDT Perpetual Futures Price: $119,144.8 (-0.24%)
## Technical Analysis
- Moving Averages:
- MA5: $118,771.7
- MA10: $118,837.9
- MA30: $119,426.0
- The price is currently trading above the short-term (MA5) and medium-term (MA10) moving averages, indicating a bullish trend.
- The 24-hour trading volume is relatively high, suggesting strong market activity.
## Trading Strategy
### Entry Conditions
- Wait for a pullback to the MA10 ($118,837.9) or a break above the recent high ($120,797.0) to enter a long position.
- Consider the current APR of BTC staking at up to 2.99% as an additional incentive to hold the position.
### Stop-Loss and Take-Profit
- Set a stop-loss at $117,487.6 (just below the recent low).
- Target a take-profit level at $123,286.5 (the next significant resistance level).
### Position Size and Risk Management
- Risk no more than 2% of your trading capital on this trade.
- Use appropriate leverage based on your risk tolerance and trading experience.
## Conclusion
The current BTC/USDT market conditions suggest a bullish trend, with the price trading above the short-term and medium-term moving averages. Consider entering a long position on a pullback or a breakout above the recent high, while managing your risk and taking profit at the next resistance level.