🌟 Bitcoin Consolidation continues.
For bull market confirmation, will require candle to close above the light purple moving average line (the long term MA 365) 📈.
For crypto-related assets, we may use MA 365 instead of the common MA 200 because crypto trades 365 days a year ;)

SPCX rebounds after lock-up expiration; the real test is $150
The market originally worried that the large-scale lock-up expiration would trigger concentrated selling, but SPCX’s actual performance has been much stronger than expected.
On August 6, more than 911 million shares were released from lock-up, followed by approximately 319 million shares entering circulation on August 20. Facing such enormous selling pressure, the stock price did not continue to collapse. Instead, it recovered from around $108 all the way to a high of $149.80. This shows that the lock-up-related selling pressure is

🔥 Gate Event Contracts Trading Competition Is Now Live
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📅 Event Period: August 26, 06:00 – September 2, 00:00 (UTC)
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Compensation is available for the first 2,000 new users who incur losses on their first trade. Payouts are based on actual losses, capped at 5 USDT per user
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Peak Leaderboard Reward: 100,000 USDT total prize pool, tiered rebates based on trading volume ranges, guaranteed 1% reward for trading volu

This trend doesn’t even require me to think—the account is bouncing around on its own 🕶️. When the sell-off hit early in the session, the resistance above was obvious, and several rebounds failed to break through, so I placed a short order at 0.2438. To be honest, I had been watching this structure in the early hours several days ago, but didn’t act—I was waiting for this confirmation. Someone even asked me at the time whether I should hold on. I said don’t hold on; breaking upward from this level would just be handing money to the shorts. And the result? 0.2111, +951.7%. Feels great, brother

🔥 Market's Warming Up — #CandyDrop Is LIVE! Returning Users Share 1 BTC
The crypto market is showing signs of renewed energy, and Gate is celebrating with a massive loyalty campaign designed exclusively for its existing user base. The #CandyDrop1BTCForOldUsers event has officially launched, offering eligible returning users the chance to share in a 1 BTC reward pool — and the barrier to entry couldn't be lower.
What Is This Campaign?
This is a special edition of Gate's CandyDrop program, a task-driven airdrop platform where users complete simple activities to earn "Candies" and share in token

WTF
A netizen sold moldy salt for 30,000

#Gate事件合约积分榜
Practical Guide to Gate Event Contracts: How to Accurately Judge Bitcoin’s 5-Minute and 30-Minute Short-Term Trends
In the event contract products launched by Gate, accurately judging ultra-short-term Bitcoin trends such as 5-minute and 30-minute movements directly determines the win rate of contract trading. Unlike daily-chart trend trading, short-term market movements are almost completely detached from long-term narratives and are driven more by concentrated bursts of capital sentiment, technical structures, and market details. With the right approach, it is entirely possible

JUST IN: Figure Markets Exchange flipped Spark Liquidity Layer in total value locked, $1.85 billion against $1.81 billion.
Figure Markets Exchange now ranks number 33 of 145 DeFi protocols above $200.0 million on that measure.
Source: DefiLlama.

Looking at this screen full of red unrealized gains, $SPCX ’s price action has been like it was injected with adrenaline these past few days, surging forward all the way! This straight-to-the-moon move has short sellers questioning their life choices, barely even granting them a decent pullback. Amid the roar of Gate’s “Red Bull race car” engine, I’ve comfortably ridden this wave, and right now it feels even better than eating meat.
The confidence behind this 100x long position actually comes from precisely gauging market sentiment. As a highly anticipated synthetic asset, SPCX comes with enor

Not a die-hard bear, nor a die-hard bull! Just a market opportunist🥳! The day session already warned that if price cannot rise above the previous high at 79200 today, you can turn around and go short! The 78500 area is currently being tested; Shi Pan’s short-term traders, remember to reduce positions and lock in profits! If the evening session effectively breaks below the 78000 level, shorts can continue targeting around 76800! If it holds, reverse and cautiously try a light long position! Don’t be greedy—take profit around 79100!#BTC回调至79000美元

Key Earnings Report Highlights: More Than Just Performance
Earnings Expectations and Institutional Ratings
The market generally expects Q2 revenue of about $92 billion (+97% year-over-year), with data center revenue at approximately $85.7 billion. Sixty-one analysts have given a “Strong Buy” rating, with an average target price of $305.41. Citi maintains a “Buy” rating with a target price of $270.
Four Key Highlights
· Can revenue significantly exceed expectations? The $92 billion expectation is only 1.3% above the midpoint of the official guidance, leaving little room for an upside surprise.

#$SPCX
$SPCX is trading around $137.95, up about 2.2%, showing renewed buying momentum.
📈 Bullish setup:
If price holds above $135, buyers could target $145 → $155 → $165.
🔥 Breakout zone: A clean move above $145–150 with strong volume could open the way toward $165–175.
⚠️ Support: $135, then $128–130. A break below $128 could weaken the setup and bring $120 into focus.
🎯 My price tip:
Entry: $135–139
TP1: $145
TP2: $155
TP3: $165
SL: Below $128
SPCX remains a high-volatility stock, especially with recent share-unlock/supply concerns, so confirmation and volume matter.
#SPCX #SpaceX #Stoc

The 4-hour golden cross hasn’t failed yet, but the 15-minute RSI has already collapsed.

$CL /USDT - LONG

Trading plan:
Entry: 79.84 – 80.12
SL: 78.21
TP1: 81.31
TP2: 82.20
TP3: 83.53

Why watch this setup?
- CL_USDT is currently around 79.98, the bullish EMA alignment remains intact, and the 4-hour LONG signal is still valid.
- The 15-minute RSI at 38.65 is in the oversold rebound zone, with short-term selling pressure released, but the 1D trend is ranging, so don’t chase highs.
- Key levels: the SL at 78.21 below is the bottom line, while TP1 at 81.31 above is the first profit-taking poi

The bull market will be back soon, and @Gate_zh finally remembered to send some relief to us old-timers 😭
I checked Gate’s rules for this CandyDrop: once your cumulative contract trading volume reaches 1U, you can get candy and share 1 BTC 🥳
The 1U threshold… is practically free. Each person can even snag up to 0.001 BTC!
⚠️Note that you need to click “Participate Now” on the event page to register
Event 🔗:
Announcement link:

ETH 4-hour timeframe shows a bearish signal—are you willing to follow it?

$ETH /USDT - SHORT

Trading Plan:
Entry: 2456.08 – 2465.70
SL: 2507.07
TP1: 2426.25
TP2: 2403.16
TP3: 2368.53

Why pay attention to this setup?
- $ETH /USDT is currently quoted at 2460.80, with the 4-hour MTF direction clear: SHORT, with 55.4% confidence.
- The 1-day trend is range-bound, but a bearish EMA alignment is beginning to emerge on the 4-hour chart. RSI(15m) at 54.88 is not yet oversold, so there is still room to move lower.
- Why now? The 2456–2465 entry range has been reached, TP1 at 2426 is just one step

#$SPCX
$SPCX is trading around $137.95, up about 2.2%, showing renewed buying momentum.
📈 Bullish setup:
If price holds above $135, buyers could target $145 → $155 → $165.
🔥 Breakout zone: A clean move above $145–150 with strong volume could open the way toward $165–175.
⚠️ Support: $135, then $128–130. A break below $128 could weaken the setup and bring $120 into focus.
🎯 My price tip:
Entry: $135–139
TP1: $145
TP2: $155
TP3: $165
SL: Below $128
SPCX remains a high-volatility stock, especially with recent share-unlock/supply concerns, so confirmation and volume matter.
#SPCX #SpaceX #Stoc

Bitcoin’s early-morning pullback touched around 77808 before rebounding, with the price action fully in line with our expectations. Both the pullback and rebound were under control, and there is now another 1,300-point rebound opportunity! #BTC回调至79000美元 $BTC ‌

When $BTC closes August in the green, September has been red every time.
Decision time soon.
Either we break the 4-year cycle, or a pullback is coming.
With BTC at main resistance too, we'll know more soon enough.