【$BTC Signal】4H shorts continue + weak 1H rebound, short entry
$BTC 4H MACD histogram bars keep expanding, and bearish momentum has not yet exhausted. After 1H RSI touched 34, the rebound lacked strength. The latest 1H close is a small bearish candle with a long lower wick: buy pressure provides some support, but sell pressure continues to suppress. The order book depth ratio is 2.38: buyers’ limit orders are stacked, but price remains under pressure. Sell orders at higher levels continue to release. Funding rate is 0.0062%, neutral to slightly low, and the market has no “short squeeze” cond

$SNDK SANDISK Past three times we were on the lower trendline, RSI went into oversold and we bounced every single time.
Right now RSI is at 14, lowers its been in past 4 months.
WHAT IS STOPPING US FROM AN OVERRSOLD BOUNCE?

Corning broke above the 2000 bubble-era high of 113.33 and then climbed to 271.
Today it’s back at 114—so scary.

Next $BTC monthly close is very important - we are sitting right below the monthly pivot to cross back bullish on the stochastic indicator.
Historically, when this indicator crosses back bullish on a monthly chart, the bottom is within 3 months of either side of the cross.

#GUSDYieldRisesto3.8%
Some updates don't make big headlines, but they quietly change how people use a product.
The latest GUSD upgrade is one of those.
For a long time, stablecoins have mainly been treated as a temporary parking place. Traders move into them after taking profits, wait for better market conditions, and eventually move back into risk assets. During that waiting period, those funds often sit idle.
Gate seems to be challenging that idea.
With the latest upgrade, GUSD can now be minted 1:1 using USD1, making the process much more straightforward. It removes unnecessary steps and m

Update from last week; Tradeify payout approved and wired as well.
Not a bad start to the week 🙏🏽

#KGEN Let the mortal world keep me company, live with effortless elegance, ride on horseback in a gallop, and share the splendor of the human world.

JUST IN: Israel and the UAE reportedly held secret talks to coordinate stance on Iran and align actions in international bodies; Netanyahu says his meeting with Trump was “excellent.” $IRAN (no direct ticker, avoid adding unrelated)

JUST IN: OpenAI and Anthropic staff co-sign a petition urging the U.S. to back international efforts to regulate AI development pace, aiming to curb risks from rapid advancement. No crypto-specific fact inferred; potential macro tech policy risk implications for markets.

🚨 AI just crossed a new line.
Anthropic's model didn't find a coding bug.
It found a flaw in the math behind a post-quantum cryptography candidate, cutting its effective security in half.
Today it's research.
Tomorrow AI could be auditing the foundations of cryptography itself.

JUST IN: Jensen Huang backs open-weight AI models, arguing they’re key to safe, reliable deployment and sustaining industry vigor. Could influence regulatory and AI policy discourse in the US. $BTC ? (Note: no ticker for AI, but keep $NVDA optional if relevant)

BNB Chain on-chain activity and DeFi locked-in volume are in a phased decline, cooling off the ecosystem’s heat and weakening the token’s need-to-hold consumption, which reduces the market’s actual buying-demand.
With the order book losing fundamental demand support, any rebound driven purely by sentiment trading lacks follow-through; after consolidation, it will most likely choose to break down to the downside. Intraday trading should mainly go for shorts at highs, with tight position controls to avoid being swept during range volatility.
Trading suggestion: Short around 572–576, looking down

Can I get a GM ?

Grok 4.6 drops Aug. 7. Grok 4.7 already in the pipeline.
xAI moving fast against OpenAI, Anthropic, and Moonshot AI.

$AMKR
Q2 was actually quite strong, but the company missed Q3 revenue expectations. Right now, the market expects not only growth, but also continuous upward revisions. If a company fails to deliver, the market punishes it very harshly.
Free cash flow was approximately -$307M. That is very important in this environment. The broader semiconductor selloff also hit AMKR

#KGEN Let the mundane world be my companion—living freely and gracefully, with galloping steeds and shared splendor in mortal life

SpaceX rose over 3% today, briefly hitting about $118 before easing near $117, as its market cap rebounded to $1.54T.

$PLTR compared to Bitcoin since 2025
Interesting...
What do you make of this?