The improving Perfect Storm Index™ over recent days is being validated by the gradual recovery in risk assets, including #BTC and #Crypto.
This aligns with my preferred Elliott Wave count, a corrective B-wave recovery remains underway.
The next phase could become particularly interesting.
If #BTC continues higher while momentum begins to weaken, bearish RSI divergence could develop, providing additional evidence that the B wave is approaching completion and the larger C wave lower is getting closer.
PSI measures the risk environment. Elliott Wave provides the roadmap. Price confirms the thesis

$BTC
This one is starting to look interesting.
$BTC is pushing back toward the $65,477 resistance after recovering from the $64,800 area on the 1H chart.
I’d want to see $65,200–$65,300 hold as support.
If that happens, $65,477 is the first level I’m watching, then $65,600+ if momentum keeps building.
$BTC ‌

🎉Good news: Gate ranks first in monthly fund inflows
💔Bad news: USD1 interest drops from 12% to 10% tomorrow
After all, the prize pool is fixed, so the more funds come in, the lower the annualized yield
However, coming earlier means a higher annualized yield—that's certain
🤔Small suggestion: It would be perfect if USD1/USDT could be fee-free
@Gate @Gate_zh

$SKYAI Consolidating After Strong Run 🚀
SKYAI is trading around $0.096 – $0.108 after pulling back from recent highs near $0.13–$0.14.
Technical Snapshot:
• Support: $0.090 – $0.095
• Stronger support: $0.080 – $0.085
• Resistance: $0.115 – $0.125
• Momentum: Cooling short-term after the multi-day surge from the $0.025–$0.03 base.
The Setup:
SKYAI delivered a powerful recovery earlier this week, climbing well over 150% from the early August lows. Price is now digesting those gains and consolidating below the $0.12–$0.14 supply zone. Holding above $0.090–$0.095 keeps the broader breakout struc

BREAKING: SK Hynix says no decisions on selling its Chongqing plant; exploring plans to boost its packaging business and will disclose if/when final decisions are made. $SOX? (ticker not clearly applicable)

#SamsungToPreloadStablecoinsIn800MPhones A Major Step Toward Mainstream Crypto Payments
Samsung is reportedly exploring deeper integration of stablecoin payments into its massive global smartphone ecosystem, a development that could significantly accelerate the adoption of digital-dollar assets and blockchain-based payments.
The idea is strategically important because Samsung ships hundreds of millions of smartphones across the global market. If stablecoin functionality becomes a standard part of its mobile ecosystem, crypto payments could move from a niche financial tool toward a more famili

August 10, third gold trade, secured 11 points and 1.07 oil!
The new partner started with $50k and has now reached $81.2k!

Welcome today’s new VIP partner with $50k, starting the oil trading diary!
8/10’s first gold trade, secured 10 points and 1.02 oil! The initial position was $50k, now up to $60.2k!

$HYPE
HYPE/USDT Analysis
Current Price: $54.72 (-0.15%)
24h High / Low: $55.05 / $53.78
24h Volume / Turnover: 127.95K HYPE / $6.96M
Performance: 7 Days (+0.83%), 90 Days (+36.05%), 1 Year (+20.80%)
Chart Overview: Following a drop to $53.78, HYPE pushed back up toward $55.05 before settling at $54.72, maintaining a V-shaped recovery pattern on the 15m timeframe.#MoonshotAIPreIPOsOpen #NFPShockSpikesRateCutOdds #StockTradingShareChallenge

🚨 Economic calendar for the week
A fairly quiet week, but with two key days:
🇺🇸 Wednesday 14:30 — CPI
The most important data of the week. We will learn the US inflation rate, which could generate significant volatility in the dollar, indices, gold, and crypto.
🇺🇸 Thursday 14:30 — PPI
The second US inflation reading of the week. Less important than CPI, but it could also move the market.
Wednesday and Thursday are the days to watch. 👀

#MoonshotAIPreIPOs开启 📰 Gate Square Daily | August 10
What are today's hot topics worth following?
Read the daily and discuss market trends and share your views on Gate Square.
High-quality content may also qualify for content mining rewards 👇

8.10 SOL Trading Setup
Resistance overhead is around the previous high of 77.8; the first support below is at 76.6-76.7, while the strong support zone for this pullback is 76.0-76.2. Today's strategy is to go long on a pullback.
Entry range: 76.0-76.2 (close out long positions on the pullback)
Stop-loss defense: 75.5 (a break below invalidates the bullish thesis)
First target: 77.8 (reduce the position by 60% near the previous high to lock in profits)
Second target: around 78.5 (the extension level after breaking above the previous high) $SOL

$BTC Hedge funds on CME flipped net long BTC futures.
This is rare. The basis trade keeps them structurally short. That's why this chart's been red for years. You can't carry trade into a net long.
The suits are betting on upside.

Five consecutive intraday wins! Shorted at 4353, exited at 4346, capturing a $9 move and $1,141 in profit!
$XAU $SOL #黄金 #股票交易分享挑战

#CLARITYActVoteWindowClosing
🚨 CLARITY ACT VOTE WINDOW CLOSING — SEPTEMBER COULD BE THE NEXT BIG CRYPTO REGULATION TEST
The U.S. crypto market is approaching another critical moment.
The Digital Asset Market CLARITY Act has already cleared the House and advanced through the Senate Banking Committee, but the Senate floor process has been delayed. With lawmakers heading through the August recess, the immediate voting window has effectively narrowed — putting September under the spotlight.
And this matters far beyond Washington.
🇺🇸 WHY THE CLARITY ACT MATTERS
The legislation aims to establish

A “strong start” on Monday! This cup of tea is dedicated to those of you who missed the rally! 🍵
Everyone, the global markets in early Monday trading are simply “red-hot” across the board! 🌏
Whether it’s the neighboring Nikkei 225 (+2%) or Hong Kong’s Hang Seng Index (+1%), both are making a strong climb. Even the highly resilient three major A-share indexes closed firmly in the green, handing everyone a “red packet” to start the week.
Looking at this sea of gains across the board, doesn’t it feel like half of your weekend anxiety has been cured? That’s the market’s mood—ups and downs are pe

SOL Market Analysis for the Afternoon of August 10
77.88 is strong intraday resistance above, while 76.08 is short-term support below. The current gain of 0.83% is slightly better than ETH’s, but trading volume is only 12.6 million, lacking volume confirmation.
If it fails to quickly break above 77.88 with increased volume, it may fall back to around 76 to seek support again; if it continues holding above 76.90, it may attempt to move toward 77.50.
Personal suggestion: “kōng” around 78-80, with a target of 73-70

🚀 BITCOIN PUSHES ABOVE $65,000 AS CRYPTO MARKET REBOUNDS
Bitcoin has climbed above $65,000, while Bitcoin, Ethereum and BNB are each up nearly 3% over the week. The broader crypto market is benefiting from stronger risk appetite as global stocks remain near record levels. �
CoinDesk +1
Market Implication:
Bitcoin holding above $65,000 could strengthen bullish sentiment and potentially encourage capital to move into altcoins. However, upcoming U.S. inflation data could bring fresh volatility.
#Bitcoin #BTC #CryptoMarket #CryptoNews