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August Monthly Cang Summary
This month started strong, with a total of 101 points, and Yínglì 2.5w oil
See the direction of the trend, as the market swims freely
#Gate储备金率117%持续领先 $XAUT
XAUT-0.08%
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$ETH Signal】Bear attack: deep imbalance + 1H under pressure
$ETH Bears are in control; deep imbalance -18.48%, and Bid/Ask is 0.69 with weak buy-side absorption. After rebounding to 1868 on the 1H, it fell back; on the 4H, the Bollinger middle band at 1861 is repeatedly traded back and forth. The 4H MACD forms a golden cross below the zero line, with limited histogram height. OI is stable, and the funding rate is 0.0066%, with low short-position costs. Under this structure, chasing longs is not favorable for risk/reward; shorting into the rebound fits the current order book better.
🎯 Dir
ETH-0.02%
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INSIGHT: Solana has traded below its record high for 562 days, set in January 2025 at $261.87.
It sits 72.0% under that level today.
SOL0.94%
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Gold Trading Reminder: Trump’s “False Moves” Can’t Resolve the Middle East Stalemate—Gold Price Whipsaws, When Will the Breakthrough Come?
Spot gold at the start of trading on Monday (August 3) briefly surged to around $4,082 per ounce, then oscillated and pulled back to around $4,020, and ultimately closed at $4,055.34, down 0.22%. The August-delivery gold futures settled at $4,090.50, down 0.4%. On the surface, this is only a modest adjustment, but behind it lies a fierce game among multiple forces: the Middle East conflict repeatedly without resolution, sharp volatility in oil prices, infla
XAUUSD0.07%
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HighAmbition:
2026 GOGOGO 👊
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The overall market didn’t keep up with the rebound in US stocks. Today, first watch key support.
Good morning, everyone. Let’s briefly talk about the market action from last night to now. There are signs of easing in the US-Iran situation; oil prices and US Treasury yields have fallen back, and US stocks rebounded clearly. But Bitcoin only moved up slightly, which suggests crypto buyers are still relatively cautious. At the moment, it’s more suitable to treat the market as range-bound—don’t rush to chase after gains just because external markets are rising.
Trump has postponed military action
BTC0.99%
ETH-0.02%
SOL0.89%
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8.4 Er Bing short-term trade analysis
Analysis: Rebound 1875-1895 range to short in batches, stop loss 1915, first target 1860, second target 1830
From the perspective of Er Bing’s 1-hour cycle, after the earlier surge to the 1898.50 high point, the bulls lacked momentum, and it formed a continuous decline. The current rebound is only a small pullback repair during the downtrend and has not reversed the bearish trend. With 1895 approaching the prior highest point, combined with the Bollinger upper band and the dual suppression of moving averages, sell pressure across the entire 1875-1895 range
ETH0.00%
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Every professional trader has one thing in common.
They've made mistakes.
The difference is...
They learned from them instead of repeating them.
Most beginners don't lose money because the market is unfair.
They lose money because they make the same avoidable mistakes over and over again.
Let's look at the 10 biggest mistakes every beginner trader makes and, more importantly, how to avoid them.
1️⃣ Trading Without Learning
Many beginners jump straight into trading after watching a few videos or seeing profits on social media.
Result: Expensive lessons.
Tip: Learn the basics before risking rea
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JUST IN: Snap beats Q2 revenue expectations, $SNAP up ~13% after hours on stronger North American activity and World Cup ad spend.
If sustained, ad demand resilience could tilt investor focus toward metaverse-capable ad ecosystems. $SNAP
SNAP7.88%
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solana:3aqXuwp6Hus9vdD9Gpg4dzJaUx443RjK7GXzphpump 👀
3aqXuwp6Hus9vdD9Gpg4dzJaUx443RjK7GXzphpump
Still alive
SOL0.94%
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Yesterday, Bitcoin (BTC) was choppy and trended downward, with the late-session low probing into the 62,300 area. After a second attempt at the bottom met resistance, it continued to rebound, driven by the US stock market open, and the high reached around 64,000.
Yesterday, both long and short were laid out in both directions, and the gains were plentiful!
From the current chart, at the daily level there was a rise followed by a pullback; price is under pressure below the Bollinger middle band, and the market overall remains in a weak consolidation adjustment. This rebound is part of repairing
BTC0.99%
ETH-0.02%
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Sol order book analysis
Direction: After a drop, it has moved into a repair rebound. There is resistance above, and the overall rebound is mainly controlled.
Control (控): Around 73.80-74.20. Stop loss above 74.60. Targets: 73.00 / 72.40.
After Sol surged and touched the 74.23 high, it faced selling pressure and pulled back. It dipped to the low 72.32, then saw a repair rebound. Current price is 73.73. The rebound has moved back above short-term moving average support. This wave of movement is a repair phase after a decline. The follow-through of the bull push still needs to be verified. The fi
SOL0.89%
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Tongge 8.4 BTC playbook
$BTC Enter the range around 640-645, cut/exit if it pushes above 653, first target 630, second target 622.
First, a recap: Yesterday, BTC (the big pie) dipped to 62268 at the lowest, then with US stocks opening higher and trending up, risk sentiment warmed, and price rebounded all the way, topping out at 64058.
This rebound’s strength can’t be called weak, but one issue needs attention: the rise is driven more by sentiment repair and market resonance; the real key is whether BTC itself can hold its ground in the resistance area.
640-645 is a key resistance zone for the
BTC0.99%
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$BTC Signal】Go long + 1H/4H MACD resonance
$BTC RSI(1H) 57.62, MACD histogram +15.80, 4H MACD histogram +118.17, dual-cycle momentum synchronously amplified. Order book depth imbalance -89.24%, sell pressure concentrated, current price ranging as it digests.
🎯 Direction: Go long
⚡ Entry / limit orders: 63561.68 - 63740
🛑 Stop loss: 63102.60
🚀 Target 1: 64696.10
🚀 Target 2: 65174.15
🛡️ Trade management:
- After reaching Target 1, cut 50%, move stop loss up to breakeven. If price falls back to the entry range, automatically exit to protect principal.
Depth logic: OI stable, funding rate
BTC0.99%
ETH0.00%
SOL0.94%
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I’m so sleepy— I’m not even eating my favorite airplane meal anymore 😂
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$CXMT If Zhangxin is truly dumping hard, then I won’t follow—doesn’t this look like a classic pig-butchering scam?
CXMT0.62%
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GateUser-69f98018:
Mainly because the funding rate can’t be supported—without funding-rate “trouble,” holding a long-term position isn’t panicking.
Layout big cake · Ethereum dog head
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TalkingAboutMemeAsTheCoinMakes:
DYOR 🤓
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Recap of the August 3 “Tan” call summary
On the first day, the new trainees won 8 straight matches, bringing the total to 15,875 USD in LouDai!
“Bu Ju Tan, win Tan!” Throughout the day, the Silk Road looked like it delivered as scheduled. The downside opened up 63 “Dian” space—only “Bu” with confidence can “Ju” achieve it~ $XAUT
XAUT-0.08%
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😆
FzxG3ZieTtfwSd1kyRqJNus1WyjaHnh5KGCCtdarpump
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