Bitcoin miners are still moving into AI and HPC, but the market is becoming much more selective. In 2024 and early 2025, an AI deal could send a miner’s stock sharply higher. Now the reaction is much smaller. Across roughly 25 deals since June 2024, average same-day gains have fallen from about 24% to around 10%. The reason is simple. AI deals are no longer rare. Investors now want proof that these projects can actually be built and generate revenue. Only around 25% of the AI and HPC capacity leased by miners is currently online. The rest is still being built or remains announced. The cost is also much higher than traditional Bitcoin mining infrastructure. AI-ready facilities can require $8M to $15M per megawatt. That is why the market is looking harder at funding, power availability, construction progress, and actual revenue. The AI shift is still important for Bitcoin miners. But the market has moved past the hype stage. Now execution matters more than the announcement. $BTC #Btc #AI、 #Gate

8.13 Thursday SPCX Afternoon Outlook SPCX posted a strong bullish candle overnight, closing firmly at $146. It has rebounded nearly 40% from the previous low, driven primarily by the full digestion of the negative impact from the unlock, large-scale short covering, and the continued momentum behind the AI business narrative, with concentrated capital inflows pushing up the share price. Technically, the key short-term resistance above is $149-$151, the high reached during yesterday’s surge. Only a high-volume breakout and firm hold above this range would create an opportunity to advance further toward the $155-$160 range. The first intraday defensive support is $141-$143, the short-term bull-bear dividing line, while the core strong support is $134-$136. Trading recommendation: 147-150 [unclear term in source], defense at 152, targets 138--130$BTC $ETH $SOL

8.13 Thursday Afternoon Bitcoin and Ethereum Market Analysis and Trading Recommendations After BTC dipped to support near 63,200 overnight, it began a gradual recovery and rebound. In the afternoon, it gained momentum and surged upward, with BTC reaching a high of 63,990 and ETH simultaneously climbing to around 1,899. The bulls continued testing the overhead resistance area and have gradually approached it, facing clear pressure. The market remains unable to break free from its broad-range consolidation pattern. When the market pulled back to test low-level support overnight, Zhilan’s live trades followed the trend and placed low-level long orders, which are currently being held normally. The overnight strategy also advised against chasing shorts and suggested first watching for a rebound to test the overhead resistance. The market is currently consolidating within the broad 64,500–63,200 range. The current recovery is merely a corrective rebound after the decline and has not yet formed a reversal structure. After this rebound encounters resistance, the market may still fall again, and the short-term weak pattern remains unchanged. 4-hour timeframe: This decline has expanded into a 4-hour downtrend, forming a clear descending channel. Each time the candlesticks rebound to the resistance area, they come under pressure and fall again. The bulls remain weak and have not formed a reversal pattern. Hourly timeframe: BTC is still repeatedly moving around 63,800. This resistance is a key hourly level. If BTC cannot reclaim and hold above 63,800, the bulls will have basically lost the initiative on the hourly timeframe. Both the highs and lows are declining, forming an obvious bearish structure, and a double-top pattern has also appeared near the 64,500 resistance, further confirming the overhead pressure. ETH’s trend is very straightforward: the more sharply it rose yesterday, the faster it fell, forming an isolated high near the 1,927 resistance. After pulling back to the previous consolidation platform to confirm support, it rebounded in tandem. For now, watch whether ETH can stabilize and trade above 1,895. BTC: Short around 64,000–64,500, targets 63,300→62,500 ETH: Short around 1,910–1,927, targets 1,835→1,800 #GateLaunchpool瓜分141万枚DOS $BTC ‌$ETH ‌