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gatefun
the cat on base?
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Spot gold breaks above $4,410 per ounce, up 0.79% on the day.
GLDX-0.26%
PAXG0.31%
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(New Streamer) Morning Market Update
gate liveLIVE
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August 17 Jinman Gold Morning Analysis: Gold rebounds from the lows in a strong recovery, with selling pressure gradually emerging in the resistance zone near the previous high!
After touching the interim high of 4449.84, gold came under pressure and pulled back. It stabilized and rebounded after dipping to around 4223, producing a strong recovery. It is currently quoted at 4407.31, with the overall market remaining relatively strong and short-term bulls temporarily in control.
Expectations for a Federal Reserve rate cut in September continue to build, while the US Dollar Index remains under p
BTC-0.01%
GT-0.14%
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Crypto Market Morning Session
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8.17 BTC short around 63500 with a light position, targets 62800/62500/61800, stop loss 64100
Looking at BTC on the 1H chart, it has continued to decline after facing resistance above 65000.
It has currently stabilized and bounced around 63000. The short-term moving averages are beginning to turn upward, short pressure has been released in a wave, and the market is entering a consolidation and recovery phase.
The market’s recent focus remains on Federal Reserve expectations, changes in ETF fund flows, and geopolitical developments. Recurring risk-aversion sentiment has intensified market volat
BTC-0.01%
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JUST IN: Novig sues Wisconsin, arguing sports contracts are swaps and should fall under the CFTC’s exclusive jurisdiction. If upheld, this could sharpen regulatory focus on prediction markets $NOVIG
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JUST IN: A trader reportedly lost about $110.7K in 2 hours after FOMO into $MARSCOIN, following CZ’s public address move and a 90% crash. Could highlight the risks of crowd-driven moves and public actions influencing memecoins. $MARSCOIN
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$SLX dropped 9% in 30 minutes, and its name is all over the liquidation lists for leveraged longs across the market. The current Fear & Greed Index is 29, and the funding rate has already turned negative. The last time this combination appeared was on the eve of $SLX ’s move from 0.04 to 0.09. The 0.0684 level is the dense trading zone of the past two weeks. Whether it can hold tonight will directly determine whether this move is a golden pit or merely halfway up.
My plan: take a 20% starter position around 0.069, exit unconditionally if it breaks 0.0675, and take half off if it rebounds to 0
SLX-6.36%
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The more this market drops, the more people go long
The long-short ratio has surged to 2.2
Seven out of ten accounts are betting on a rebound
BTC is stuck at 62.7K and can’t get up
It’s been slowly grinding away for six days
It hasn’t crashed—it just doesn’t have the strength to rise
No one is capitulating, so the weak hands aren’t being flushed out
I’m not catching this falling knife
I’ll wait until those 70%+ longs let go first
BTC-0.01%
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ETH caught the rhythm perfectly today.
It moved entirely in sync with BTC; when the rebound failed to push higher, it came under pressure and moved down directly. Entering at the resistance level given in the morning session, the market delivered exactly the room we wanted. #GateLaunchpool瓜分141万枚DOS $BTC $ETH
BTC-0.01%
ETH0.48%
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A pullback and stabilization after a breakout is a healthy market movement and applies to various patterns. After the current gold price broke above the flag channel, it surged to a high of 4416; in the short term, the 15-minute gold price came under pressure and reversed. As time passes and gold price fluctuates, watch whether the price can stabilize around $4,385 on the pullback. If it stabilizes, this will be the best opportunity to enter and go long! #黄金 #伦敦金 $XAUUSD
XAUUSD0.43%
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Gold’s first win of the day
Long at 4405, exit at 4411, 6 points, 886🔪$XAUT
XAUT0.29%
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I say the Buddha told me to post this.
Does anyone believe me?
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TheProphetOfToast:
I don’t believe in Buddha, but I do believe in your ability to spout nonsense with a straight face.
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The early-session market surged and then pulled back. The update eight hours ago already gave an accurate prediction: as expected, the market first made a low-volume rise to lure longs in, then quickly sold off. Don’t chase longs—do that a few times in this kind of market and you’ll be wiped out.#Gate7月增长Top1
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TradingKingGaoYuliang
Another reminder of the risk of declining volume: Since the market’s high-volume decline a week ago, volume has continued to contract, with extremely weak bullish momentum. A trend move will likely emerge at 6:00 a.m. tomorrow. A high-volume decline followed by a low-volume rise is considered a signal of a continuation of the downtrend. Overall bearish; prioritize shorting at key resistance during rebounds.#Gate7月增长Top1
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HowToNavigateThroughBullAnd:
Go all-in 🤑
Can this still be bought?
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Let’s all have fun and chat together!
Welcome to follow me....
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8.17 ETH 1910-1920, open a light short position, targets 1880/1850
On the ETH 1H chart, after a rapid drop to 1852 earlier, clear buying support emerged, and the price has now moved back above 1880.
The short-term moving averages are beginning to turn upward, and the market has entered a recovery phase after the release of bearish pressure.
Pay close attention to the 1920-1930 resistance zone above. A breakout could create an opportunity to continue testing the 1950 area.
On the news front, the market continues to digest U.S. economic data and changes in interest rate cut expectations.
At the
ETH0.48%
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JUST IN: BTC holding around $63k as the market chops in a tight range; ATH indicators eyeing a volatility reset after a prolonged sideways phase. $BTC
BTC-0.01%
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