🎉 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.
Current situation of ETH: →♥
After Ethereum fell back from the previous short position around 3700, we suggested a long strategy. However, the aggressive entry was due to hitting 3600 once. Therefore, we suggested a secondary level short position around 3683-3690 before entering the market again. At the same time, if this level allows entry and there is another drop, the aggressive position around 3590 should be withdrawn.
What should we do next? First, if there are still short positions, you can take profits in batches at some positions in advance based on the long strategy we provided during the day. You can refer to the long strategy we sent today and set a position first.