August Market Outlook—Bitcoin to trade range-bound between $58k and $67k. How should we play it? Brothers and sisters, today we’re skipping the fluff and going straight to the key points. CryptoQuant analyst Axel Adler Jr. has released his August Bitcoin market outlook, and the view is clear—BTC will most likely trade range-bound between $57.7k and $67k, potentially closing the month at $60k to $64k, with this scenario having a probability of around 55%. Of the remaining probability, the bearish scenario accounts for 30%; if BTC breaks below $57,730, it could slide further to $52,750. What does this forecast mean? It means we’re most likely facing a market trading within a broad range. What should you fear most in a range-bound market? Chasing rallies and panic selling. You go long after it rises to $65k, then panic-sell at $62,000 after it drops; after a few rounds of this, your principal will be gone. So how should we play a range-bound market? My approach is simple—buy in batches near the lower end of the range and sell in batches near the upper end. In the $58k to $60k area, you can start building a long position in batches; in the $65,000 to $67k area, gradually take profits on longs, and you can even cautiously try shorting with a small position. Of course, position size must be properly controlled, with the risk on each trade limited to 1% to 2% of total funds. Also, note one key piece of information—BTC has currently retraced about 50% from the cycle high of $126.2k set in October 2025, and its price is already close to the aggregate on-chain cost basis. Historically, such a deep retracement has often corresponded to a medium- to long-term bottoming zone. Of course, a bottom is not a single point but a range that takes time to form. So my conclusion is: don’t be bearish in the medium to long term, but don’t be aggressive in the short term. You can hold your core position, but don’t rush to go all-in; keep enough firepower for more certain opportunities. What do you think of this forecast? Post about it on Gate Square, tag #我的七夕交易分享 , and let’s discuss it together! #MyQixiTradingShare $BTC ‌

Cathie Wood, CEO of the American company ARK Invest, urged investors to sell gold and buy Bitcoin. She said: “Bitcoin could reach $1.5 million by 2030 $BTC $ETH $ETH $BTC $XAUUSD #GateDOSLaunchpoolLive #SandiskSurges14%OnNewFinancialFramework #BTCBigOptionsExpiryAt64K #OpenAIAnnualRevenueSurpasses40B

AMD just raised $4.75B. The AI CapEx race is entering a new phase. AMD’s largest-ever USD bond deal will help fund AI infrastructure and capital spending. But the bigger signal is across the industry: Nvidia → financing platforms Intel → equity capital AMD → debt financing Different routes, same goal: raise more capital to build more AI infrastructure. AI competition is shifting from simply having the best chips to having the financial firepower to scale. For BTC, the impact isn’t direct. But expanding AI CapEx means larger capital needs and continued credit growth. If AI revenues keep outpacing financing costs, leverage can accelerate expansion. If demand weakens, that leverage can quickly become a valuation risk. The AI spending cycle clearly isn’t cooling yet. $AMD ‌ $BTC ‌ $ETH ‌ $SNDK ‌