ETH is as sluggish as ever. The short from 1,920 has been running for 13 hours, yet has only yielded 26 points. Range-bound markets are so exhausting. #MoonshotAIPreIPOs开启 $ETH

Daily Market Analysis | Gate.io 📊 🔹 Market Overview: The market is showing interesting consolidation phases today, with key support and resistance levels being tested across major assets. Patience and strict risk management remain key in this environment. 🔹 Key Insight: Watch out for sudden volatility spikes during US market opening hours. Always trade based on your strategy, not emotions. 💡 Pro Tip: Keep an eye on trending altcoins on Gate.io for short-term opportunities, but never ignore your stop-loss! 👇 What’s your main focus for today's trading? Drop your thoughts below! 💬 #Gateio #MarketUpdate #TradingStrategy #DeFi $BTC ‌ $GT ‌ $ETH ‌

8.7 Friday XRP Afternoon Outlook On August 7, XRP was generally weak and trending downward. The current price hovered in the $1.02–$1.03 range, down nearly 3% over 24 hours. After rising intraday to $1.055 and encountering resistance, it fell back, reaching a low of $1.018. Trading volume increased slightly. Overall, XRP weakened along with the broader altcoin market and underperformed Bitcoin. Technically, all short-term moving averages on the daily chart are exerting downward pressure, indicating a medium-term weak trend channel. Short-term support is at $1.00–$1.01, the key psychological level in this pullback. A decisive break below it would send the price toward $0.98 in search of support. Short-term resistance is at $1.05–$1.06. After multiple failed attempts to break higher and hold above this range, it has become a strong resistance zone. The four-hour RSI has fallen to a low level near oversold territory, but no bullish divergence or reversal signal has appeared. In the short term, XRP is likely to remain weak and range-bound, making a rapid rebound unlikely. A breakout above $1.06 accompanied by increased volume is required to reverse the short-term bearish structure. Trading suggestion: 1.032–1.038 [Kong], target 1.015–1.00$BTC $ETH $SOL