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The setup here looks undeniably favourable for the bulls.
At this stage it is hard to find argument for the bear case beyond the fact that Bitcoin has not made a local higher high above $82,700.
Currently, we are sitting above the:
- 1D 200 SMA + EMA
- 1W 50 EMA
- RSI back above 50 after oversold
Throughout Bitcoins entire history, when it has been in this position, it has confirmed that the low is secured.
If we were to proceed to new lows here, it would be the first time that it has ever happened after the above conditions were met.
Locally, we are consolidating between the 50EMA and 50SMA.
BTC-0.89%
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Growth Points Lucky Draw
Invite friends to join and win great prizes!
https://www.gate.com/activities/pointprize/?now_period=22&refUid=7675356
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JUST IN: US troops in Jordan report most Iran-launched missiles intercepted; no major impact so far. Markets react to geopolitical risk, but immediate crypto spillover unclear. $BTC $ETH
BTC-0.89%
ETH-1.77%
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ThisIsTranslateContent:DogHead:
Intercept my ass—air defense stopped being useful long ago; all that’s left is talking tough.
another win for this average joe
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This isn’t a rebound—it’s a tube inserted into an account that was about to flatline. During the intraday plunge, every push upward was just short of enough, with insufficient buying support and a weak rebound. I placed a short at 152.22 at the time, and just checked: it’s been pushed down to 105.2, with +1488.2% credited. Feels damn good, brothers—now that I’m comfortable, I’ll light another cigarette. Close 80% first to take the big profits, and protect the cost price on the remaining position at +1488.20%, so even if it bounces back up, I won’t let the profits evaporate. Don’t grind away yo
BTC-0.89%
ZEC-0.63%
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BREAKING: Brent crude oil prices surge above $90/barrel as the US launches strikes on Iran.
Here we go again 📉
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8/31 Morning Market Outlook Analysis Strategy:
Gold prices previously experienced a sharp pullback, reaching a low of 4432.66, with the current quote at 4461.88. In the short term, prices have staged a minor rebound and recovery.
The one-hour moving averages are bearishly aligned. The 5-period moving average has briefly turned upward, while the 10- and 20-period moving averages continue to press prices lower. The overall major trend remains bearish. The current move is only a rebound correction after the decline, not a reversal into an uptrend.
Short-term resistance above is at 4475‑4482, with
XAUT-0.43%
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#pirate everything melting and pirate shaking the foundations
PIRATE39.79%
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BTC MARKET CHART
gate liveLIVE
552
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A few days ago, I was still wondering how to exit gracefully, and this morning it sent me straight into profit. Even when the screen was glowing green, I gritted my teeth and held on—and actually got the result I was waiting for.
$LAB ’s rebound lacked momentum, with heavy resistance overhead. I entered a short at 0.08529, and it’s now at 0.08027, locking in +115.19%. I took profit on 80% first, and moved the stop-loss on the remaining 20% to the entry price. No matter how it moves from here, I won’t be stressed.
Don’t lose your patience grinding through a range, only to try to regain your dign
LAB-4.47%
DOGE-4.10%
ZEC-0.63%
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Those ascending the mountain encounter the deity descending.
This is the morning of the gods.
Big Raccoon, Big Orange, Cow… all are tough street bosses guarding the mountain.
This is what’s especially good about Beijing: 🐈 has devotees providing for them everywhere. They are also often worshipped as totems in the hutongs.
Wild and untamable, carefree and unruly, treating life and death with indifference, ready to fight anyone who refuses to submit—extremely alluring.
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JUST IN: U.S. military action in the Strait of Hormuz triggers broad crypto downside alongside sharp crude oil spikes. If risk-off flows persist, $BTC and $ETH could see continued pressure in the near term.
BTC-0.89%
ETH-1.77%
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I was just about to go rant on the forum, but then I checked my balance and thought, never mind—the market is always right. The short position I placed before bed a few days ago had moved into a comfortable spot by the time I woke up. The market was still grinding at a high level then, with weak rebounds, and every push upward fell just short. I warned not to chase longs and to watch for resistance first. Now it has played out perfectly: entered at 0.04289, current price 0.01554, return +1255.12%. This profit feels great. As for the position, follow the rules: close 70% first, move the stop lo
BTC-0.89%
SNDK-2.11%
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$ETH Holy shit, awesome! The auto-order-taking needle fully triggered! Unfortunately, it’s only the test account!
ETH-1.77%
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卡卡西219
45/1000
Futures
30D ROITrader PnL
+140.78%
+1,013.29
Win Rate
--
AUM
5,602.1
Copiers PnL
--
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$OTHERS vs $DXY
Yes indeed - for those who know.
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BREAKING: Sber accepts Bitcoin as loan collateral from September 1 under Russia's new crypto regulations.
BTC-0.89%
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No vision, can’t hold on—the profits on this move are paper-thin, but I love it. After lunch, when I checked the chart, $ETH hovered around 2086.30 for ages, with each wave of buying stronger than the last. I knew someone was about to make a move. Went long and followed in—now at 2466.47, +3168.99%. It was truly sluggish at first, but the result is truly sweet. Money earned is the realization of your understanding; money lost is the flaw in your understanding. Take profit on 80% first, and set a good protection level for the remaining 20%. Let it run if it surges, and don’t panic if it comes
ETH-1.72%
LAB-4.47%
XRP-2.83%
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Fed Chair Powell signals a rate hike; 2-year U.S. Treasury yield surges 12.8 basis points as Bitcoin falls to $77k
BTC-0.89%
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Good morning, friends👋 The long journey of trading can inevitably feel lonely. I hope to meet like-minded fellow travelers so we can communicate and learn from each other.
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