I just casually hit refresh, and it dropped on its own, leaving me in a very passive position. While it was forming a bottom intraday, I could tell something was off from that candlestick. Volume kept shrinking, but selling pressure showed no sign of easing. Every rebound was a fake breakout—who can still be fooled by this kind of rhythm?

Shorted at 0.08210, now at 0.03606, with +556.19% unrealized profit. It was truly sluggish at first, but the outcome is truly sweet. This big profit is enough to keep me happy for several days.

Time to manage the position: I’ve closed the +556.19% positio

$PI Pl If it remains still, so be it; once it moves, it will astonish the world. Ignoring Pl is tantamount to a collapse in understanding.

AI compute vs. Bitcoin hashrate: Global online data centers consume approximately 55 GW on average; of this, clearly AI-dedicated capacity accounts for approximately 18–25 GW; the entire Bitcoin network consumes approximately 20 GW. Therefore, this year is the first year in which AI data centers match the Bitcoin network, and next year they will significantly surpass it. (Bitup)

Yesterday’s Summary | When the timing is right, profits come naturally
The BTC midday strategy focused on the 77,100–77,300 support zone. The market bottomed out at around 76,927 before rebounding all the way to around 82,271; ETH, meanwhile, waited for opportunities around the 2,380–2,390 range, with the price starting from around 2,388 and reaching a high of 2,530.
I’ve never liked telling people to chase the market, because truly comfortable trading means letting the market come to you, rather than chasing after it.
Plan your entry levels, logic, risks, and targets in advance. Execute when

JUST IN: AI-driven tooling is shrinking the dev bottleneck, but OPCs may still struggle with demand, trust, and distribution for real-world adoption. $AI? (No ticker implied)

Gate Square Trending Topics for September 3 Are Live
Gate Square has released today’s trending topics, covering market movements, industry news, and the latest community discussions.
If you have a market view or interesting insight to share, posting around a trending topic could help your content get additional traffic.
Check the trending topics and share your perspective with the Gate community.
https://www.gate.com/post/topic
#Gate

9.04 Bitcoin Analysis
Analysis: Go long on a pullback to around 79,400, with defense at 79,000; first target 81,500, second target 82,300
Bitcoin has seen an extreme surge, with the price launching from the interim low of 76,151.9 on heavy volume and soaring more than 6,000 points in a short period, reaching an interim high of 82,282.8. Profit-taking then concentrated, causing the price to quickly retreat to around 80,900 and consolidate, entering a short-term pullback and consolidation phase after the spike. Buying support remains strong after the pullback stabilizes, and there is still momen

This kind of return has me feeling nervous, afraid the market will come to its senses tomorrow and blacklist me 😂 When $ICP plunged intraday, it looked like it was dropping, but when it bounced, there was practically no one buying; the sell orders grew heavier wave after wave, while volume barely followed. I judged that buying support was insufficient, so I opened a short at 2.963 accordingly. I just checked and saw ICP at 2.544—+681% is now quietly sitting in my account 🤑
Brothers, don’t get carried away. Profit is only real once it’s in hand. Take 80% off the table first, and move the stop

JUST IN: Hong Kong-listed AI names rally, led by MINIMAX-W and Xunce with 8%+ and 7%+ gains respectively. Broad gains across Kingsoft Cloud, Baidu, and Meituan. $AIHK

Over the next 24 hours, $LAB , I’m leaning bearish. A rebound is still just a rebound; the direction remains unchanged. The market-maker-to-retail ratio is only 0.52x, and large traders’ long/short ratio is half that of retail traders. Today’s +5.33% move is retail buying into the rise while large traders are taking the opposite side—this kind of rally is meant for distribution. OI is only $14.3 million, with the current price at 0.07247. The market is too thin to sustain the move; one push up comes with no volume, and it only takes a few orders to send it back down. This bullish candle won’t

PONS on #Robinhood is pumping, while @loraclexyz is shorting it.
He opened a 3x short on 17.26M ethereum:0x07f5b6823751c2e2cd4560f28af75ff887102241 ($11.6M) and is now down $2.38M.
He also opened a 3x short on 22.5M $CASHCAT ($6.18M) and is now down $970K.

9.4$BTC Today's Silk Road
It surged to 82282.8 early this morning. MACD is currently above the zero line, long trading volume is gradually declining, the Bollinger Bands are widening, and the price is approaching the middle band. It is expected to break below 80000 this afternoon. Keep short positions light to guard against a wick.
Entry point: Enter long after stabilizing around 80000 on a retest
Stop-loss defense: 796
First target: 810
Second target: 820
Long-term target: Above 825
#Gate用户突破6000万

In September, prevailing market expectations suggest Ethereum could reach the $2,600 level; there is some probability of challenging the $2,700 high, while the downside risk of falling back to $2,300 should not be ignored, as the market has not entered a one-way trend.

They sleep, while you grind

Bad-Boy Watch Issue 1 update, 26.9.04 (UTC+8) 11:30
Figure 1: SNDK daily candlestick chart
SanDisk closed at 1554.99, with an intraday high of 1576.80 and a low of 1511, up 0.10%
SanDisk is currently oscillating within the 1450–1580 range, so our strategy is simply to wait for a breakout direction.
Figure 2: ETH daily candlestick chart
Ethereum has once again risen above the upper boundary of the range with a large bullish candle, so our next target is around 2600, at the annual moving average.

Bitcoin’s value stems from the expectation that it is the most likely candidate to become the world’s future currency. Why is that? First, it has the advantages of both commodity money such as gold and fiat money such as the US dollar, while overcoming their shortcomings. Second, as a cryptocurrency, it has the first-mover advantage and an established network effect. Later entrants cannot surpass it without disruptive technology, while Bitcoin itself is upgradeable. If such technology proves useful, Bitcoin can also acquire it through technological upgrades, creating another formidable barrier

I didn’t do anything—just went to the restroom, and when I came back, the K-line had already done the work for me 😅 I said during the repeated intraday swings that every push upward was just short of breaking through, the rebound was weak, and volume simply wasn’t keeping up. When I opened the chart this morning, I opened a small short at 0.02374, and then today played out like this, with 0.02209 giving us the answer directly. +69.35%—it was truly sluggish at first, but the result is truly satisfying. Don’t be greedy with your trades: take profit on the +69.35% first; profits in your pocket a

JUST IN: Multicoin Capital reportedly sold ~ $112M of HYPE since July, locking in ~ $64M profit and transferring tokens to exchanges, including a ~$12.8M move to Coinbase. $HYPE