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On August 20, 2026, Ethereum contracts completely broke out of the previous low-level consolidation range, with the price surging above $2,230, gaining approximately 16.5%. This marked the first time ETH had reclaimed the key weekly 50 EMA since the start of this bear market, and was regarded as a key technical signal of a trend reversal.
📊 New Key Level in the Long-Short Battle
· Current price: approximately $2,230 - $2,260.
· Resistance target above: the 2,500 area.
· Key support below (conversion): The $2,000 - $2,050 area has shifted from strong resistance to core support. This is the key
ETH17.80%
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#ETHSurges20%BreaksThrough2300 Ethereum is making a powerful move, surging more than 20% and breaking through the $2,300 zone. The rally confirms strong bullish momentum as buyers take control after ETH pushed decisively above major resistance levels. Current technical structure shows $2,280 to $2,300 as an important area to watch, while a sustained breakout above $2,350 could potentially open the path toward $2,500.
The strength of this move shows that market sentiment around ETH has changed rapidly. Traders should watch whether Ethereum can hold above the breakout zone, because maintaining h
ETH17.78%
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BlackBullion_Alpha:
Bull Run 🐂
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#BTCSurgesPast70000Up8.3%
Bitcoin has just delivered the kind of move that can completely change short-term market structure. BTC briefly pushed through the $70,000 psychological barrier before cooling toward $69,300, while the broader market recorded a powerful rebound from the $64K area. Recent market data shows BTC gained roughly 7%–8% over 24 hours, marking its strongest upside move in months.
The important point is that $70,000 was not simply another round number. It was a major psychological and technical resistance zone after Bitcoin spent weeks struggling below it. The latest breakou
BTC7.79%
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Unitree Technology falls below 3Kw
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JUST IN: Bitmine’s unrealized ETH losses narrowed by nearly $2B overnight as ETH rally trims the tally. With 5.8M ETH on record, the average cost basis sits around $3,366. If ETH strength continues, losses could compress further. $ETH
BMNR10.55%
ETH17.78%
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$SUI — The Next Generation of Blockchain
SuiNetwork is building a high-performance ecosystem designed for the next wave of Web3 adoption. ⚡
With fast transactions, scalable infrastructure and a developer-friendly environment, SUI is positioning itself as more than just another Layer-1.
What makes SUI interesting? 👇
🔹 High-speed & scalable architecture
🔹 Growing DeFi & Web3 ecosystem
🔹 Strong focus on user experience
🔹 Innovative technology built for mass adoption
🔹 Expanding developer and community activity
The real opportunity in crypto often comes before the crowd fully understands th
SUI6.55%
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RedPacketHunter:
I’ve been keeping a close eye on Sui’s developer growth data, and its weekly active users have been rising sharply. For foundational infrastructure projects like this, once community interest picks up, they often enter their main uptrend. It’s still not too late to pay attention now.
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#BTCBreaches69000Up6.43%
Bitcoin Suddenly Rebounds — So Why Am I Still DCA-ing? ₿📈
Bitcoin's sudden move toward $69K caught a lot of traders off guard.
After spending time under pressure, BTC suddenly rallied more than 6%, while a massive wave of short liquidations added even more fuel to the move. But this time, the rally may not have been driven by crypto alone.
Something important happened in the US bond market. 👀
The US Treasury announced that it would at least double the maximum size of certain long-dated bond buyback operations, increasing them from $2 billion to at least $4 billion
BTC7.79%
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$BTC The White House stock-market guru is touting crypto again! President Trump said the U.S. is considering large-scale purchases of $BTC and other cryptocurrencies, urging Congress to expedite passage of a crypto market clarity bill.
The U.S. is ensuring it stays ahead in Bitcoin and crypto, including prediction markets, and said the U.S. Commodity Commission is pushing $HYPE into the local market. #美财政部扩大长债回购,30年美债高位回落 #BTC突破69000美元,这轮上涨能走多远?
BTC7.79%
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Sky丶妈个逼
1/50
Futures
30D ROITrader PnL
+171.80%
+5,390.38
Win Rate
--
AUM
505.92
Copiers PnL
--
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morning market update btc
gate liveLIVE
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#CryptoCommunityReturnsHome
For almost two years my feed was full of people saying they were done. Wallets emptied, groups muted, friends who used to send charts at 2am went quiet. Everyone was somewhere else, trying other things.
Then last week I opened three different group chats and saw the same names again. Not with hype, just with "are you still holding that old self custody wallet?" or "did you see tokenized A shares are live?"
That is what returning home feels like in crypto. It is not a price.
It is a cycle every community goes through. First everyone gathers around a new idea. Then
USD1-0.03%
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PrinceMagsi786:
To The Moon 🌕
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Is $70k not the end, but BTC’s “entry notice” to the bulls?
BTC has climbed back above $70k, with an intraday gain of 8.3%. This is no longer an ordinary “tickling rebound,” but a genuine reignition of market sentiment.
More interestingly, BTC had already posted a series of strong recoveries. On August 19, its price briefly broke above $69k, gaining more than 6% in a single day and accompanied by large-scale short liquidations. This shows that the market was not driven solely by spot buying; the forced closing of leveraged positions also helped accelerate the price rise.
The biggest characteri
BTC7.80%
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CoinWay:
🤗🤪🙃😙☺️🤔😙☺️🤔😙☺️🤔😙☺️🤔😙☺️🤔🥰☺️🙃🥰☺️🤐😇😗🙃🥰
$TAO at $196 looks absurdly cheap if this structure plays out.
The chart has basically spent two years doing nothing
except exhausting everyone who bought the AI narrative early
That’s exactly why I’m interested
Long-term support is still holding
And the expansion path points toward $1,500+
Roughly +2,300%.
The paradox of crypto:
At $200, nobody wants $TAO
At $1,000, everyone will explain why it’s the future of decentralized AI
#StrategySurgesNearly12% #GateStockInsightsChallenge
TAO7.29%
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KimchiPremium:
This paradox is all too real: nobody wants it at $200, but everyone claims it at $1,000. The question is, can it really reach $1,500? Your position shapes your perspective; I’m focusing on the support level for now.
#crypto
Bitcoin’s bruised market suddenly sprang back to life, surging nearly 8 per cent and unleashing the biggest wave of short liquidations in records going back to 2021.

More than $1 billion of Bitcoin short positions were liquidated in about an hour, according to data from Coinglass, underscoring the speed of a reversal that pushed the largest cryptocurrency to around $69,500, its highest since early June and its biggest gain since March.
BTC7.80%
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Venüs_:
To The Moon 🌕
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#BTC升破70000美元日内涨幅8.3% BTC Breaks Above $70k: Has the Big Move Really Arrived? A Rally Fueled by Short Squeezes, Policy, and Liquidity
Has the big move really arrived?
On August 19, Bitcoin finally broke through the key level around $70k; Ethereum also reclaimed the level around $2,300, gaining more than 20% in 24 hours. More importantly, this was not an ordinary slow climb, but a rare short squeeze that unfolded within an extremely short period.
Data showed that on August 19, more than $1 billion worth of Bitcoin short positions were liquidated in the crypto market, while total short liquidati
BTC7.79%
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PrinceMagsi786:
To The Moon 🌕
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🧑‍⚖️Xu Jiayin Sentenced to Life Imprisonment; First-Instance Verdicts Announced in Cases Involving Evergrande Group and Evergrande Real Estate, Among Others
On the morning of August 20, 2026, the Shenzhen Intermediate People’s Court of Guangdong Province publicly announced its first-instance verdicts in the cases involving defendant entity China Evergrande Group Co., Ltd., defendant entity Evergrande Real Estate Group Co., Ltd., and defendant Xu Jiayin.
For multiple offenses committed by China Evergrande Group, a fine of RMB 8.82 billion was imposed; Evergrande Real Estate was fined RMB 7 bil
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[NEW STREAMER] MARKET UPDATE
gate liveLIVE
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RE IS THE MOST EXPLOSIVE MOVER IN YOUR SCREENSHOT.
A +36.57% move demands extreme caution. Momentum is strong, but chasing after such a vertical move carries serious pullback risk.
Support:
S1: $0.528
S2: $0.512
Major: $0.50
Resistance:
R1: $0.566
R2: $0.588
Major: $0.62
Next Move:
Above $0.566, momentum can extend toward $0.59–0.62. Failure around $0.56 could trigger profit-taking.
🎯 Trade Targets:
TG1: $0.572
TG2: $0.594
TG3: $0.621
Short-term: Extremely bullish but overheated.
Mid-term: Holding $0.50–0.52 would keep the broader breakout structure alive
#BTCSurgesPast70000Up8.3% #CryptoComm
RE33.97%
BTC7.79%
ETH17.78%
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Reduce trading frequency. This year’s goal is to avoid making no money and spending it all on fees.
It’s the same for everyone: reduce trading frequency, trade less, and go in heavily on high-confidence opportunities. You can’t be trading every day.
As market conditions improve, there will be more opportunities. Keep working hard—50 is the prime age for striving.
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Walk toward the sun and become your own light😊😊
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Yang Guang bit | August 20 $ETH Precision Strategy
Today's Plan
Entry: Set up short positions on a rebound into the 2280–2320 range
Stop-loss: Above 2360
Staggered Take-Profit
First target: 2200–2180
Second target: 2150–2100
Key Conclusion
The hawkish FOMC minutes came out, with most officials believing that rates need to be raised if inflation does not fall. The rate hike received "broader support," and the full text did not mention rate cuts. As a high-beta asset, ETH bore the brunt, surging violently from 1900 to 2336 last night, gaining more than 22% in a single day before quickly retreat
ETH17.78%
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