BTC SPOT VOLUME FLASHING A WARNING.
Lowest spot exchange volume since 2019.
$BTC is stuck between $63K and $68.7K while the market is waiting for direction.
Seller exhaustion is approaching levels we’ve seen around previous major bottoms.
Sounds bullish, right?
There’s still one problem.
Nobody is aggressively buying.
- ETF demand is modest.
- Exchange flows remain elevated.
- Spot demand is weak.
So for me, $58.5K is the level that matters.
Lose it and thin liquidity could turn a slow bleed into a very fast move.

SLX
​1. Technical Breakout (Technical Breakout)
​Resistance Breakthrough: The price successfully broke through the key resistance level in the 0.083–0.085 area.
​Triggered Buying Wave: When the resistance line was breached, numerous buy-stop orders and traders’ technical indicators were activated simultaneously, driving the price up rapidly within a short period.
​2. Volume Surge & Liquidation Squeeze
​Trading Volume Surge: The price increase was supported by a trading volume surge of up to hundreds of percent over a 24-hour period.
​Short Squeeze: In the Perpetual Futures (Perp) market, this

Two sets of data, initial jobless claims and the PPI Producer Price Index, will be released simultaneously tonight. PPI represents upstream inflation, while initial claims reflect employment strength; together, they influence expectations for Federal Reserve rate cuts and directly drive volatility in the crypto market.
Data
1. Initial jobless claims for the week ending August 8
Previous: 199k; forecast: 202k
Higher initial claims = weaker employment, favorable for rate cuts and bullish for crypto; initial claims below expectations = strong employment, suppressing rate-cut expectations and bear

$MERL /USDT Perp – "Range Squeeze – Wait for Break"
Trading Plan Watch (Sideways)
Entry: N/A
SL: N/A
TP1: N/A
TP2: N/A
MERL is down -3.12% at 0.01830. Price is completely flatlined, squeezed perfectly between the 0.01821 support and 0.01843 resistance. MACD is at 0.00. Do not trade the chop. Wait for a break above 0.01843 or below 0.01821.

📊 #GateJulyTransparencyReportReleased 🚀Transparency matters in crypto — and the latest July report is now in focus. 👀🔍🏦 Greater visibility into platform activity📈 Track key developments and ecosystem growth🔐 Stay informed about transparency, security & user protection🧠 Always verify the details and DYOR before making decisions.Crypto moves fast. Stay informed, stay alert, stay ahead. ⚡#Gate #Crypto #Transparency #Web3 #DYOR

$LONGSYS /USDT Perp – "Hard Rejection – Short"**
**Trading Plan Short $LONGSYS
Entry: 59.80 – 60.00
SL: 60.50
TP1: 59.00
TP2: 58.90
LONGSYS is down -3.25% at 59.45. It has rejected the 63.12 high and is falling below the EMA10 (59.82). MACD is sharply bearish (-0.14). The 62.56 yellow line is the key rejection zone. TP targets the 58.90 low.

$GRVT LONG
Entry: 0.3377 – 0.3388
Stop Loss: 0.3256
TP: 0.3509 - 0.3636 - 0.3762

📰 Gate Square Daily | August 13
Today’s market playbook just got an update 👀
📊 Top Headlines
📈 Market Moves
🔥 What’s Trending
We’ve got the key updates covered.
Now that you’re caught up, the big question is: where does the market go next?👇 Head to Gate Square and see what the community thinks.
#StockTradingShareChallenge

Yesterday’s CPI gave markets relief. Today we find out whether that relief is real.
July US inflation came in at +0.1% MoM / 3.4% YoY, with core at +0.2% / 2.5%. That pushed September Fed-hike odds down to roughly 34–40%, versus about 55% a week ago.
That shift is already showing up globally.
Asian equities rallied overnight: MSCI Asia-Pacific ex-Japan gained 1.08%, South Korea surged 3.78%, and Japan’s Nikkei rose 1.67%, led by semiconductor strength. US and European futures are also modestly positive.
For #Bitcoin and #Crypto, that’s constructive because lower rate-hike expectations reduce

$HELLO /USDT Perp – "Bearish Flag Breakdown – Short"**
**Trading Plan Short $HELLO
Entry: 0.001285 – 0.001292
SL: 0.001300
TP1: 0.001270
TP2: 0.001260
HELLO is down -2.29% at 0.001281. It is grinding lower under all EMAs (EMA30 at 0.001296). MACD is showing steady negative pressure. The 0.001307 yellow line is the sell zone. TP at the 0.001260 low.

Can someone in Spain tell me
Is the total solar eclipse in Spain really like this
I’m afraid I’m being fooled by my social media feed

TC‑USDT Market Forecast for Today (Direction + Specific Price Levels)
Current price is approximately 63850 USDT. The market is fluctuating within a wide range, awaiting guidance from macroeconomic data, while altcoins are all following BTC’s pace.
Key Price Levels
• First support: 63000‑63200; a confirmed break below targets 61800‑62000
• Bull-bear dividing resistance: 64600‑64800; holding above this level with increased volume targets 65500‑65700
Three Scenarios + Corresponding Directions
1️⃣ Favorable data, inflation below expectations｜Direction: Bullish rebound📈
Trigger: Holding above 6480

🚀 SpaceX (SPCX) Rockets +9.63%! Technical Reversal Underway – Are We Heading Back to $200+?
SpaceX (SPCX) is showing massive signs of life after a prolonged cooling phase. Up +9.63% in a single session to $146.20, with pre-market momentum pushing further to $147.49, buyers are stepping back in strong!
Let’s break down the technical setup and key price levels you need to watch. 👇
📊 Market Snapshot
Metric Current Value
Current Price $146.20 (+9.63%)
Pre-Market $147.49 (+0.88%)
24h Range $134.01 – $149.60
Market Cap $1,927.17B (~$1.92 Trillion)
Local Bottom $104.84 (Aug 7)
📈 Technical Analysi

JUST IN: Metaplanet CEO Simon Gerovich clarifies 5,014 BTC transfer was routine custody operation; holdings unchanged at 43,000 BTC.

Gold Analysis for the Afternoon of August 13
Gold “rose first and fell later” today, reaching a high of around 4456 before falling to about 4369, close to the low of 4368. The move was nearly 1%, which counts as a small pullback.
The alligator line is around 4390–4403. The average holding cost over the past few days is higher than the current price, leaving many traders trapped. Under these circumstances, the price is easily pressured, because every rebound prompts some people to sell to exit their positions.
Although the price is falling, there was considerable net capital inflow today, with

#GateHits59MillionUsers
Gate Surpasses 59 Million Users — 60 Million Is Next
Gate has now surpassed 59 million global users, bringing the platform within just 1 million users of the 60 million milestone.
Since its founding in 2013, Gate has continued expanding its global multi-asset ecosystem, moving far beyond a single-asset crypto trading platform.
Today, the numbers tell the story:
59M+ global users
4,900+ crypto assets
12,500+ stock assets
Top-tier spot trading volume and liquidity
117% total reserve ratio
Nearly 500 user assets covered
The latest Proof of Reserves report, dated July 27,

🔥July inflation: what reassures the Fed, and how long will it last
🔴Headline CPI +3.4% YoY from 3.5%, Core CPI +2.5% from 2.6%, Supercore CPI +2.84% from +3.17%. All 3 data points matched market forecasts.
🔴The figures reassuring the Fed:
- Energy continued to decline, -1.5% MoM after -5.7% in June. The 0.9-point gap between headline CPI and Core CPI is almost entirely energy, which contributed 0.946 percentage points to YoY.
- This is a supply shock, not demand-driven inflation.
- Average hourly earnings +3.2% YoY, below CPI, meaning real income is negative
- Core goods remained near zero,

Bitcoin Has Entered Its Cost of Production Zone: The Bottom Signal ?
1️⃣ Valuation: $BTC is now inside the CoP band, A historically important miner-economic support zone.
2️⃣ Confirmation: Both my model + Cambridge CBECI place BTC within their estimated CoP ranges.
3️⃣ Structure: CoP is a zone, not a hard floor. Historically, cycle lows have become shallower relative to it.
4️⃣ Implication: Time spent here matters. This is a potential bottom-formation regime, not a confirmed bottom.