August 31 Jinman Gold Midnight Review: Gold Prices Consolidate Weakly After a Cliff-Like Drop; Rebounds Remain a Window for Shorting!
After surging to a phase high of 4696.74 last week, gold prices quickly turned lower. Selling pressure erupted, sending prices plunging through multiple key support levels in succession and down to a low of 4396.52, a new phase low for this round of correction. The decline subsequently eased, and prices entered a phase of weak recovery. They are currently trading around 4428.73, after rebounding to 4472.11 intraday before coming under pressure and falling again.

What base tried to do for years Robin Hood did in weeks.

A quick question: if you could choose 1 and only 1 #token để bạn nắm giữ. Bạn sẽ chọn # token, which one?

8.31 Early/Late Market View (recommended 3%, 100x, total position no more than 5%):


🔥ETH long: Go long on a spike around 2363, stop loss at 32 points, take profit at 2402-2447-2538

🔥ETH short: Go short on a spike around 2583, stop loss at 32 points, take profit at 2402-2447-2499

BTC Long/Short Analysis: Short-, Medium-, and Long-Term Strategies

Current price: 78583
🔴 Resistance
78800‑78910 (first short-term resistance)
79100‑79370 (strong short-term resistance)
81490‑82000 (medium-term target resistance)

🟢 Support
78230‑78240 (first short-term support)
77550 (short-term strength/weakness dividing line)
76950 (key medium- and long-term defense level)

📌 Short-Term Setup Strategy
✅ Long position: Enter after a pullback to 78230‑78240 stabilizes, with defense at 77660 and targets at 78800 and 79100
❌ Short position: Enter after a rally to 78900‑79100 meets resist

ETH Daily Summary (8/31)
📊 Market Summary: Pullback After Rally, Resistance at Highs
ETH overall experienced a pullback after rallying today. After its recent strong rise, it encountered resistance at a key level and began consolidating lower.
· Price range: The intraday high was $2,533.75**, the low was 2,385.55, and it is currently consolidating around 2,468. This closely matches the candlestick chart (BOLL upper band at $2,475 and lower band at $2,434)—the price briefly pierced the upper band before retreating, indicating clear selling pressure above.
· Technical signals: The candlestick c

onchain trading terminals just broke $600m in daily volume
on a fucking sunday

Got Growth Points sitting idle?
Don’t just hold them — use them!
Growth Points Draw Round 22 is live.
Every 300 Growth Points gives you one chance to draw.
Prizes include:
• $5,000 Position Voucher
• $150 CFD Position Voucher
• Gate Football Jersey
• Lucky Bags & more
I’ve already won some solid prizes from this draw. Now it’s your turn.
Join here:
https://www.gate.com/activities/pointprize/?now_period=22&refUid=20543129
Try your luck and turn those points into real rewards!

#GateEventContractChallenge,
🔥 The Gate Square Event Contract Trade-Sharing Challenge is now live!
Got a market call? Don’t just trade it—share it 👇
Post your market views with #GateEventContractChallenge, or share a position, trade, or settlement screenshot after trading to join!
🎁 First eligible trade post guarantees a 5 USDT fee rebate voucher
🛡️ New users get up to 5 USDT in first-trade loss protection
🏆 15 users win USDT, Position Vouchers, and official traffic support daily
🍀 Post today and participate on 3 days for a chance to win 10 USDT
👉 Join now: https://www.gate.com/campaig

JUST IN: Chinese memory chipmaker CXMT has begun producing HBM3E chips in small quantities, per The Information.

🐋 BitMine($BMNR) Accelerates Accumulation: Stash Surpasses 5.9 Million ETH($ETH)
BitMine, a former Bitcoin miner, continues its aggressive purchasing strategy by acquiring another 53,501 ETH over the past week.
The Key Numbers
* Total Holdings: The company now owns 5,901,112 ETH, which represents approximately 4.9% of Ethereum's entire circulating supply. At a reported price of just over $2,500 per ETH, this stash alone is valued at nearly $15 billion.
* The Goal: This recent purchase puts the firm 98% of the way toward its self-described "Alchemy of 5%" goal, an objective to own 5% of the

Gate Idle Earn Puts Idle Crypto Capital to Work
Unused crypto balances are no longer necessarily dead capital. Gate’s Idle Earn offers eligible users a more passive way to potentially generate yield, with Auto Yield advertised at up to 3%.
The product targets a simple problem: traders often keep part of their portfolio in reserve while waiting for better market conditions, yet those assets may remain inactive during that period.
According to the product description, Gate Idle Earn allows eligible idle assets to potentially generate yield automatically under the product’s current terms and cond

$ETH has just formed its FIRST GOLDEN CROSS since July 2025.
The last time this happened, $ETH rallied roughly 100% in the weeks that followed.
A similar impulse from current levels would put $ETH around $4.8K.

I casually hit refresh, and it went up on its own, leaving me at a disadvantage. When I opened the charts this morning, the moment $BNB pulled back to a key level and held, I knew what was going on: the buying wasn’t fake—it was genuine demand absorbing supply, not the kind of orders that scatter as soon as they surge. I said at the time that this level was worth a try. It then climbed from 641.25 all the way to 690, +539.25%, so those already on board should be grinning from ear to ear. Don’t be upset if you missed it—there are still opportunities. Panic comes from having no plan, and losses

bitcoin:native holds near $78,300 after rallying from $64k lows. Institutional inflows stay strong, but rising leverage, tight volatility spreads, and softening retail activity point to a cautious, transitional market.
Read this week’s Market Pulse👇

SOKODATA EDUCATION
CLASS 8 — ORDER FLOW
THEORY
$BTC ‌
LET'S REMEMBER WHERE WE CAME FROM
Before we begin Class 8, let’s take a quick look back.
We started with Leverage, learning how leverage increases exposure to the market.
Then we moved to Liquidity, where we began understanding why markets need buyers and sellers to be able to transact, and why liquidity can affect price movement.
After that, we learned Support & Resistance — identifying areas where price has repeatedly reacted.
With Market Structure, we started reading highs, lows, and how price forms movements.
Then we moved to Breakout,

A few days ago, I was still calculating whether I had enough money for instant noodles this month; this morning, I was already wondering whether to add sausage. The contrast came too fast, like I had a beautiful dream, but the numbers in my account reminded me that this time it’s real, brothers. 🍜
I opened the charts this morning and saw $SKHYNIX hold its ground after a pullback. Buying was clearly more aggressive than a few days ago, and I knew right then that this move wasn’t a fakeout—it was real money entering the market. Those still hesitating will probably regret it again. 🍗
From 1202.

I guess I’ve also attained enlightenment regarding gold.$XAUUSD