📰 Gate Square Daily | July 20
Stay ahead of the crypto market with today's biggest headlines, key market trends, and smart money movements—all in one place.
📊 Track the latest price action, follow capital flows, and never miss the stories shaping the digital asset market.
💡 Knowledge is your greatest edge. Stay informed, stay prepared, and trade with confidence.
#GateSquare #CryptoNews #Bitcoin #Ethereum #Blockchain

$$PROM Can you believe it? The moment the news hit, the bulls pushed straight into a liquidation/stop-out zone, but the smart money is already dumping from the high.
【News Source】According to an official announcement, the PROM team said it has teamed up with Polygon to launch a Web3 gaming accelerator, pledging to投入 $5M? ecosystem funding and is about to launch the first on-chain game testnet version. The news sent $PROM surging from 1.3350 to a 24h high of 1.7860, but it’s now pulled back to 1.5850; the 24h gain is still 16.03%—a classic “good news hits, then the top gets escaped” rhythm. Loo

$SKHYNIX Keep going long! This round of aggressive deleveraging may already be over. At the moment, the bottom support around the $1,200 level looks fairly solid. With earnings expectations this month as well, the fundamentals don’t show anything major that’s wrong. If you want to buy the dip, you can watch the opportunity around this level, but still make sure to control your risk—don’t go in too aggressively!

$ESPORTS /USDT 4-hour short signal, 95% win rate—are you daring enough to follow it?
$ESPORTS /USDT - SHORT
Trading plan:
Entry: 0.02445 – 0.02663
SL: 0.03604
TP1: 0.01767
TP2: 0.01242
TP3: 0.00455
Why focus on this structure?
- Current price 0.02554: the 1D trend is clearly bearish; RSI on 15m at 61.02 hasn’t entered overbought, and there’s plenty of downside room.
- Why now? 4-hour EMA is suppressing; ATR at 0.00437 shows relatively low volatility, while the shorts are building up power.
- Target TP1 0.01767, TP2 0.01242, stop-loss 0.03604, with a risk-reward ratio of 1:3 or higher.
Discussi

#夏日创作营 📢 The Gate Square Summer Creative Camp is ongoing— a 50,000 USDT prize pool is waiting for you to share!
Post original content with the hashtag #夏日创作营 to participate!
🎁 New authors’ first post earns a 50 USDT contract voucher. Publish cumulatively to unlock 100 USDT vouchers. Each day, lucky new users win 5 USDT in cash.
🏆 Creators who meet the requirements will split 500 USDT. In addition, high-quality content also receives 20 USDT + a featured placement + 7 days of traffic support.
📅 July 15 - July 27, 24:00 (UTC+8)
👉 https://www.gate.com/announcements/article/100685

🚨 CHAMATH WARNS BITCOIN BULLS!
Capital is shifting from Bitcoin to AI, equities & prediction markets.
AI now offers better returns than $BTC mining.

Seeking guidance for fate is not as good as having the power to make your own decisions. Reciting the Buddha’s name and chanting sutras is not as good as having real ability within you. (Those who are saved by Heaven are also the ones who save themselves.) #以太坊

ETH bears are hiding out at 1880—do the bulls still dare to catch the falling knife?
$ETH /USDT - SHORT sell
Trading plan:
Entry: 1877.77 – 1883.75
SL: 1909.48
TP1: 1859.22
TP2: 1844.86
TP3: 1823.32
Why focus on this setup?
- The 4H timeframe signal is clearly SHORT, 55% confidence; the 1D trend is ranging, and overhead resistance is obvious
- Entry at 1880.76, TP1 directly targets 1859; the 15M RSI at 57 is not overbought, and bearish momentum remains
- If you don’t short now, wait for a break below 1880 and then chase? Your cost is higher and the risk-reward is worse
Discussion:
Will this mo

1. Current Market Overview
As of July 20 (Beijing time), Ethereum (ETH) is trading at around $1,872, with a 24-hour increase of about 0.74%. The intraday trading range is $1,865–$1,891. Over the past 7 days, it is up about 5.34%, but it is still down about 37% year-to-date.
The overall market is in a high-level consolidation pattern. The Fear and Greed Index is 29 (Fear). Risk appetite has partially recovered, but it remains cautious.
2. Key Price Levels
Type | Price Range | Description
Above Resistance | $1,885–$1,895 | 24-hour high area (24h high $1,891.62), key resistance zone
Strong Resist

🚀 Gate Live New Streamer Campaign | Stream Now, Earn Up to $100 GT
🎁 New streamers can unlock multiple rewards
🔹 Quality streams can earn up to $100 GT
🔹 Unlock VIP5 after reaching streaming goals
🔹 Daily red packets + giveaway events
🔹 Invite friends and earn referral rewards
⏰ Event Period: Jul 1 – Jul 31
🔗 Start Streaming: https://www.gate.com/live
🔗 Details: https://www.gate.com/announcements/article/100516
‍#GateLive #NewStreamer #Livetoearn

JUST IN: A dormant Bitcoin whale moved 700 BTC after 5 years. The stake was bought for roughly $22.34M and is now worth about $45.3M. This could signal renewed interest or potential accumulation by a long-term holder. $BTC 🐳

JUST IN: Jiuan Medical’s stock broke its four-day limit-up streak, now up about 5.5% after a failed limit-up; the company has stakes in DeepSeek, Moonshot AI (Kimi), and StepFun. $JIUAN.ST or $000? (Use ticker if relevant)

The reason the market is “killing” TSMC is: capital expenditures are being raised → depreciation eats into gross margin.
Open up this quarter’s financial report:
Revenue +36%, gross margin 67.7%.
This quarter, the transmission chain the market was worried about didn’t happen.
But—this doesn’t mean you should buy.⬇️
(Research analysis, not investment advice · DYOR)

ETH can currently try a low dip in sync; pay attention to the support in the 1840-1800 range and the 1755-1715 range. If it doesn’t break below after reaching it, you can attempt the low dip. There’s upside room of 30-350 points. Only if there’s a substantive breakdown of the 1715 support should you look for a low dip opportunity around 1660; a breakdown is considered a trend reversal
$ETH #GUSD年化升至3.8%

Latest data shows that among the tokens generated by U.S. companies via model calls made through OpenRouter, about 58% flow to Chinese models—around three times that of mid-January this year.
This March, Chinese models’ share in U.S. corporate traffic first surpassed U.S. models for the first time; in the first week of July, that ratio briefly reached 63%, setting a new high.
Roll the timeline back to early 2025, when across the entire OpenRouter platform, Chinese models’ token share was still below 10%, while U.S. models accounted for about 80%. After one and a half years, Chinese models

Everyone is watching whether Bitcoin can bounce. I'm watching whether the rebound can become a structure.
Bitcoin holding around the $64K area has brought fresh attention back to the crypto market, but a rebound is not automatically a trend reversal. The real test is whether buyers can build a sustainable market structure instead of producing another short-term relief rally.
My focus is now on three confirmations:
1️⃣ Price Acceptance
Can BTC hold above the recent recovery zone instead of immediately losing it?
2️⃣ Volume & Liquidity
Is fresh capital entering the market, or are we simply seein

NEAR’s sharp sell-off—are the main forces secretly distributing?
$NEAR /USDT - going short SHORT
Trading plan:
Entry: 1.9163 – 1.9245
SL: 1.9600
TP1: 1.8907
TP2: 1.8709
TP3: 1.8413
Why focus on this setup?
- On the 4-hour timeframe, the signals are clearly bearish; the direction is SHORT, with a confidence of 55%, which is a medium-to-strong signal.
- The current price 1.9204 is near the resistance zone; the 15-minute RSI is only 49.88, and rebounds lack momentum.
- Why now? The 1-hour ATR is only 0.0165; after volatility contracts, it often comes with a directional breakout, with a higher pro

🌈 #GateLiveStreamingInspiration - July.20
Go live with the following topics now to receive extra official support and promotional exposure!
Today's Topic Recommendations:
🔹 BTC breaks above $65,000! Up 0.66% intraday, can the rebound continue?
🔹 Institutions keep betting against the market! Abraxas Capital increases Hyperliquid short positions, with BTC and ETH still facing overhead pressure
🔹 Is Bitcoin’s sideways movement a false stability? Analysts say the real bottom may come in October, with an accumulation window approaching
🔹 U.S. Treasury yields surge! 30-year Treasury yield hits