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BTC Rallies Then Retreats, Bears Temporarily Prevail in the Battle for $80k
BTC’s movement over the past few days has been very straightforward: breaking above $80k, failing to extend its gains, and then quickly retreating.
The latest market data shows BTC currently fluctuating around $77,800. On August 28, it touched an intraday high of approximately $81,354 and fell to a low of around $76,955, marking a single-day decline of about 3%. This shows that $80k is not yet effective support, but rather a resistance zone with significant selling pressure.
The funding picture has also changed. After
BTC-2.82%
BITB-2.96%
GLDX-2.81%
PAXG-2.96%
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The hand that set the stop-loss a few days ago trembled slightly; this morning I found that was an unnecessary act of filial piety😂 Before bed, the resistance above was obvious, while the volume grew increasingly hollow as it pushed higher—the bull-trap feel was overwhelmingly strong. I decided to open a short at 0.1481; I’d exit if it broke through, and hold if it didn’t.
To be honest, staying up through this move wasn’t for nothing. The current price is 0.1142, and $ARKM surged to +227.02%—that feels really good😎 The short position has delivered far beyond expectations.
Being flat isn’t a
ARKM-0.09%
LAB2.58%
DOGE-3.56%
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#NVIDIAEarnings NVIDIAEarnings
NVIDIA reported fiscal Q2 2027 results after the close on August 26, and the market reaction tells the whole story. Stock closed at 162.40, up 7.2 percent in after hours trading. That puts NVDA at a 4.02 trillion dollar market cap and back as the most valuable company in the world.
This was not a beat and raise quarter. This was a beat, raise, and guidance that reset expectations for AI spending into 2027.
The headline numbers
Revenue 54.2 billion dollars. Estimate was 51.8 billion. Beat by 4.6 percent. Up 58 percent year over year.
Data Center revenue 41.7 billi
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BlackoutHawkCryptoBoy:
Ape In 🚀
I just switched the software to the background, and it plummeted in an instant—is it playing hide-and-seek with me? 😏
While everyone else was running, $ETH was still stubbornly holding on. Every push upward fell just short, and the volume failed to follow. No one was taking the price higher—clearly a bull trap. This kind of movement is textbook: repeated bull traps followed by a sudden reversal. I went short at 2463.85, then went about my business. Honestly, I barely watched this trade. When I came back, the price had already dropped to 2433.62, and +217.03% was in the bag. This move was pur
ETH-2.42%
ZEC0.85%
BNB-3.22%
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More than a month ago, I anticipated that capital would rotate from hardware into the megacap tech and software sectors, so I adjusted my positions. Currently, my main U.S. stock allocations are:
Hardware 40% (NVDA 20%, SOXX 20%; everything else has been fully liquidated)
Megacap tech 50% (MSFT 15%, GOOG 20%, META 10%, AAPL 10%)
Software 10% (NOW 10%; I switched from CRM to GOOG midway and sold too early)
The reason for this accurate judgment is that I have always emphasized that investing in AI cannot be limited to superficial research; you have to use it extensively yourself.
With the recent
NVDA-4.58%
SOXX-3.24%
MSFT1.74%
GOOG1.57%
META1.21%
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BTC surged before retreating, with bears temporarily prevailing in the battle for $80k
BTC's movement over the past few days has been very straightforward: breaking above $80k, failing to extend the rally, and then retreating rapidly.
The latest market data shows BTC currently fluctuating around $77,800. During trading on August 28, it reached a high of approximately $81,354 and dipped to a low of approximately $76,955, down about 3% on the day. This indicates that $80k is not yet effective support, but rather a resistance zone facing clear selling pressure.
The funding picture has also change
BTC-2.82%
BITB-2.96%
GLDX-2.81%
PAXG-2.96%
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HTXchen:
Just go for it 👊
⚽ Pre-Match Predictions Today · Issue 11 | Weekend Football Feast
① Liverpool vs Nottingham Forest ⏰ August 29, 19:30 (UTC+8)
② Tottenham Hotspur vs Newcastle United ⏰ August 30, 00:30 (UTC+8)
③ Borussia Dortmund vs Hamburger SV ⏰ August 30, 00:30 (UTC+8)
Which team is the safest bet? Which match could produce an upset?
Choose the match you are most confident about, predict the final result or score, and post an original analysis thread with the hashtag #五大联赛赛前预测官 to win rewards!
👉 Event details: https://www.gate.com/campaigns/5901
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MamonTrader:
To The Moon 🌕
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GM, happy weekend!
Drink responsibly or you’ll end up like this
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I was just about to go to the forum and start cursing, but then I looked at my balance and thought, forget it—the market is always right. A few nights ago before bed, I was still reviewing the chart: $SOL had been moving sideways at the bottom for several days, buying pressure was strengthening, and funds were quietly entering. It would have made no sense for this structure not to make a move. So I called it bullish and entered directly around 94.68. When I checked this morning, it was at 103.45, +792.2%—the sleepless nights paid off. This move gave us the answer; the brothers on board should
SOL-2.97%
LAB2.58%
SNDK2.82%
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I didn’t trade, I didn’t analyze—it was all luck. I’d be embarrassed to even mention these results. 😅
With the screen glowing green, $ZHIPU bounced for a short stretch, but the volume didn’t follow—clearly, it was shaping up to be just a one-day wonder. I casually opened a short at 144.04 without expecting much, and it ended up grinding all the way down to 136.16. The +280.82% profit came through, though I’m honestly worried the market will figure it out tomorrow and blacklist me. This trade felt amazing—I can afford a nice meal now. I even went to make a cup of coffee, and when I came back,
ZHIPU-0.82%
LAB2.58%
BNB-3.22%
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I was about to go curse on the forum, but then I checked my balance. Never mind—the market is always right.
During the choppy intraday trading, every $ZEC rebound looked weak, like it hadn’t eaten. The resistance above was obvious, and volume didn’t follow, so I opened a short and waited. Some were still calling for a breakout, which made me nervous for them—how far could it break out with volume like that?
After grinding around for a while, it finally cooperated. The price is now 792.01; I entered at 837.27, and my unrealized profit is +405.65%. This profit feels great, and all the frustratio
ZEC0.85%
XRP-2.53%
DOGE-3.56%
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[ New Streamer ] BTC and ETH MarKet
gate liveLIVE
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🌈 GateLiveStreamingInspiration -August 29
Go live with the following topics now to receive extra official support and promotional exposure!Today's Topic Recommendations:
🔹 Brian Armstrong: Bitcoin Can Be Used as Collateral for a Home Down Payment
🔹 Grayscale: Correlation Between Bitcoin and Gold Rises Above 50%
🔹 One Address Spent 13.55 Million USDC to Buy 5,425 ETH in the Past Half Hour
🔹 TradeXYZ Surpasses 400,000 Independent Traders
🔹 HYPE Rises as Whale Short Positions Begin to Be Reduced
🔹 Mohamed El-Erian: Flattening U.S. Treasury Yield Curve Sends Dual Signals
BTC-2.82%
ETH-2.43%
USDC0.01%
HYPE-2.04%
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GateLive
🌈 GateLiveStreamingInspiration -August 29
Go live with the following topics now to receive extra official support and promotional exposure!Today's Topic Recommendations:
🔹 Brian Armstrong: Bitcoin Can Be Used as Collateral for a Home Down Payment
🔹 Grayscale: Correlation Between Bitcoin and Gold Rises Above 50%
🔹 One Address Spent 13.55 Million USDC to Buy 5,425 ETH in the Past Half Hour
🔹 TradeXYZ Surpasses 400,000 Independent Traders
🔹 HYPE Rises as Whale Short Positions Begin to Be Reduced
🔹 Mohamed El-Erian: Flattening U.S. Treasury Yield Curve Sends Dual Signals
🔹 Google and Microsoft Previously Discussed Nscale Compute Deal
🔹 Morgan Stanley: Buy Five AI Sovereignty-Themed Stocks
Choose any topic to start a live stream, and you'll have a chance to be featured on the official website's homepage!🔥 Start streaming now: https://www.gate.com/live/apply
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HeeroHeero:
LFG 🔥
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#Gate7DayNetInflowsTop3 📊
Money flow is becoming an important signal as market activity picks up. Over the past 7 days, the top 3 assets by net inflows on Gate are drawing strong attention from traders.
🔥 Strong inflows can indicate rising market interest and increasing demand—but always combine flow data with price action, volume, and broader market trends.
Which asset do you think will lead the next move? 👀📈
#Gate7DayNetInflowsTop3 #Gate #Crypto #CryptoMarket
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The growth in the scale of new business models
always comes from taking a share of the old “rent collectors’” livelihoods
Search engines
Programmatic advertising lets brands shift their budgets from ad agencies to paid traffic acquisition
E-commerce
Opening stores online lets merchants redirect rent that would have gone to landlords into paid traffic ads
It was originally believed that tokenized securities and other RWA assets
meant the crypto industry was surrendering its asset issuance rights and weakening itself
But over the past six months
CEX’s TradFi strategy first kill
RWA0.49%
VC-0.95%
TOKEN0.22%
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#NVIDIAEarnings 🚀📊 NVIDIA Earnings: The AI Trade Takes Center Stage!
NVIDIA remains one of the biggest names in the AI and semiconductor industry, with investors closely watching its latest earnings for clues about the next market move. 🔥
Strong revenue growth, data-center demand, and continued AI investment could keep the momentum going, while guidance and future growth expectations will be key. 👀
Will NVIDIA deliver another blockbuster quarter, or is the market already pricing in the good news? 📈📉
#NVIDIAEarnings #NVIDIA #NVDA #AI
NVDA-4.58%
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$XAUT Friday Shi Pan roundup
The most important thing is to maintain your rhythm: take action when there is an opportunity, wait and watch when there is not, and once signs of a reversal appear, know when to stop and exit in time!
XAUT-2.93%
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#TopFiveLeaguesPreMatchPredictor
Liverpool host Nottingham Forest tonight at 19:30 UTC+8 and the gap in quality looks significant on paper. Liverpool have started the new season with control in midfield and a high defensive line that forces opponents into mistakes. Forest will sit deep and look for transitions, yet they have struggled to create consistent chances against top pressing sides.
I am predicting a 3-0 home win. An early goal would open the game and allow Liverpool’s wide players to stretch the defence. Once Forest are forced to push higher the spaces behind their midfield should ap
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Liverpool vs. Forest
Liverpool FC
1.47x
68%
Draw
5.00x
20%
Nottingham Forest FC
7.14x
14%
$494.95K Vol
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HighAmbition:
Ape In 🚀
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💎 Best Cap Crypto coin to Buy Now
gate liveLIVE
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