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8.20 Bitcoin $BTC Market Analysis
Entry: Go long on a pullback to 68800‑69100
Defense: 68300
First target: 69850
Second target: 70350
The price tested the 70000 level twice and encountered selling pressure near 70450. Profit-taking triggered a pullback, with the low reaching 68942. The market is currently consolidating at high levels, with growing divergence between bulls and bears. In the absence of major news catalysts, price action is being driven mainly by technical factors.
The four-hour uptrend structure remains intact, and medium-term moving average support is holding. This pullback is
BTC7.31%
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Layout: Bitcoin, Ethereum, Dogecoin
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TalkingAboutMemeAsTheCoinMakes:
Hurry, get on board! 🚗
Thursday BTC Morning Brief:
This move $BTC has indeed been fierce! It reached a high of 70,450 last night, a 6,000-point gain, triggering over $1 billion in liquidations in a single hour!
A sharp rise, but is the bull market back?
Around 69,500 is exactly where the 200-day moving average lies, making this level extremely important.
Only if it can truly hold above 69,500 will I look further toward 73,000–75,000;
If it fails to hold after a surge, I think a pullback to 67,000–68,000 to seek support would be completely normal.
Now let's look at the broader picture:
The Bank of Japan may adjust i
BTC7.38%
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SK Hynix leads a risk-on day as South Korea’s KOSPI jumps ~6.3% intraday, with Samsung also higher; chipmakers rally on broad market strength. $KRW? (no ticker for index; include $SKHYNIX if relevant) - but we can add ticker: $000? SK Hynix ticker is not standard; in KRW it's ...
SK Hynix12.53%
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📰 Gate Square Daily | August 20
Today’s top stories are all here.
So, what’s next for the market?
👇 Head over to Gate Square and see what everyone’s talking about.
$BTC $GT $ETH
BTC7.38%
GT3.57%
ETH16.84%
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Gate_Square
📰 Gate Square Daily | August 20
Today’s top stories are all here.
So, what’s next for the market?
👇 Head over to Gate Square and see what everyone’s talking about.
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ThisIsTranslateContent::
Just send it 👊
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Rewards Hub
A Gate welcome gift is waiting for you! Sign up to claim up to 10,000+ USDT in rewards and unlock your journey to wealth
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$PI 's price didn't rise, so how come your short position is gone?
PI2.56%
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#Strategy涨近12% Is the crypto market’s bull market here? Bitcoin suddenly surges, briefly breaking above $70k
Bitcoin staged a sudden strong rebound on Wednesday, reaching a high of $70,059.9, its highest level since early June, while also recording its biggest single-day gain since March. As the market quickly reversed, large numbers of short positions were forced to close, triggering the largest Bitcoin short liquidation wave since records began in 2021.
According to Coinglass data, more than $1 billion in Bitcoin short positions were forcibly liquidated within roughly one hour. Bitcoin had p
BTC7.38%
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BTCUSDT
Long
Isolated 10X
Return %
+97.73%
Entry Price(USDT)
63,088
Mark Price(USDT)
69,285
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Venüs_:
To The Moon 🌕
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$BTC The Earth-Water Shi hexagram: Kun above and Kan below. Accumulate positions at high levels without advancing recklessly; the fact that volume has not followed the price rise instead reveals false momentum, and only a pullback to strong support would be the time to enter the fray. BTC currently shows a high-level volume-price divergence, with a high probability that market makers will lure buyers in before driving a sharp wick downward, so chasing highs is not advisable. The bias is bullish; wait for a pullback to the 67000-67500 range to enter long, with a stop-loss at 66300 and targets o
BTC7.38%
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BTCUSDT
Long
Cross 200X
Return %
+792.35%
+1,668.83 USDT
Entry Price(USDT)
66,634.4
Mark Price(USDT)
69,706.3
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TheLittleStoolOfTheWishPool:
Got to eat Sister Mao.
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JUST IN: U.S.-Japan joint efforts reportedly restrained long-dated U.S. Treasuries, keeping short-term yields pegged while long-term yields are suppressed. Could ease valuation pressure on cash-rich tech and AI names. $BTC? (no, not relevant)
TECH0.36%
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Sister u 8.20 $ETH Strategy
Analysis: Go long on a pullback to around 2230–2250, with the first target at 2300 and the second target at 2335
On the ETH 4H timeframe, the market broke strongly above the long-term consolidation range with a large bullish candle, fully opening up the bullish trend. After surging to the interim high of 2336.82, it pulled back, representing a technical retracement and correction after a sharp rise; the trend has not directly reversed.
2230–2250 is the key support zone after the breakout and the previous upper boundary of the consolidation range, with relatively st
ETH16.77%
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solana:9sfCHMLWSVy6MD6zr7pR1gD3qbT7C6K1E3dMf2ZBpump got pumped and dumped
#crypto
SOL9.74%
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$PENDLE – Bullish momentum persists
PENDLE LONG
Entry: 1.5014 – 1.5060
Stop Loss: 1.4460
TP: 1.5268 - 1.5903 - 1.6306
Plan & Logic
The chart shows a mature, strong uptrend with the price riding a confirmed continuation pattern. Price action is reacting near an important level, so risk management matters here. The setup depends on confirmation around the entry zone and follow-through after the move.
Trade PENDLE here
PENDLE14.72%
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#HYPESurges22%ApproachesAllTimeHigh
HYPE is making a strong move, surging around 22% and getting closer to its all-time high. 👀
The sudden rally has put HYPE back on traders’ watchlists as momentum continues to build.
A move this strong can quickly change market sentiment and attract fresh attention from both traders and investors.
The big question now is whether HYPE can maintain its momentum and challenge its previous record.
If buying pressure continues, a new all-time high could become the next major target.
But after such a sharp move, volatility could also increase as traders take prof
HYPE18.85%
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LittleGodOfWealthPlutus:
May you prosper and good luck come your way! 😘
🎉 August 18 Gate Big Five Leagues Kickoff Carnival Livestream Giveaway Results Announced
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Didn't win this time? Don't worry~More livestream perks, red packet giveaways, and limited-edition merchandise are still coming!
Remember to tu
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LittleGodOfWealthPlutus:
Good morning! May the bulls return soon🐂
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[New Streamer] Whales Move in Sync!
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BlackElyramoon:
To The Moon 🌕 To The Moon 🌕
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JUST IN: Senators demand Warsh disclose call records with Trump, flagting transparency concerns over Fed communications. Could spark scrutiny of monetary-policy independence. $BTC $ETH
BTC7.38%
ETH16.84%
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A hacker is buying $ETH as the price rises!
As the market rallied, an unknown hacker spent $38.53M to buy 18,272 $ETH at an average price of $2,109.
ETH16.84%
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August 20 $SNDK Morning Analysis
Everyone has enjoyed the Shandi gains these past few days, right? Every entry I gave has allowed everyone to capture over 100 points.
Current market MACD: On the 4-hour timeframe, DIF has crossed below DEA and is running below the zero axis. The green bars continue to expand, and bearish momentum is still building; the short-term green bars have not expanded significantly, indicating that bearish strength has weakened somewhat after the sharp drop, with the possibility of a technical rebound and recovery.
Funding: Funds continue to flow out, and the rebound ha
SNDK-3.45%
BTC7.38%
ETH16.84%
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I originally wanted to cut my losses and sacrifice to the heavens, but the sacrifice never happened—the meat cooked itself 🍖 When $AVAX was just getting dumped in the early session, I saw that the rebound volume couldn't keep up at all. Every upward push looked like mere window dressing, with heavy resistance firmly capping the upside. Anyone with a little experience could tell it was under pressure at a high level. When I saw the candlestick center of gravity continuing to move lower, I knew what was going on: the biggest fear with high-level sideways trading is a sudden trend reversal. I th
AVAX5.76%
SOL9.71%
BNB3.50%
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