Good morning, everyone. Let’s briefly review the market from last night through now.
Market sentiment has shifted back toward caution. On the one hand, no one wants to place bets ahead of the release of the U.S. inflation data; on the other hand, the U.S.-Iran situation and the Strait of Hormuz remain subject to renewed developments. Oil prices continue to rise, once again raising concerns about inflationary pressure.
The broader market has pulled back slightly and BTC is currently around $64,000, with the overall market still in a choppy, sideways range. ETH and SOL have also pulled back, tho

$BTC is currently around $64,040, having retreated from yesterday’s high of around $65,400, but it is now right near the $64,000 support, so chasing shorts directly at the support level is not recommended.
Focus on these levels: $64,000: immediate support; $63,300–$62,600: the first target after $BTC breaks below $64,000; $62,000–$60,000: the true core support zone; $64,800–$65,500: rebound resistance; if $BTC regains a firm foothold above $65,500: the short-term bearish thesis will weaken significantly.
More reasonable conditions for a short position: a valid break below $64,000 on the 1-h

$XAU Spot gold rose as expected to around 4425 in early trading.
Only through relentless effort can the seed of a dream grow into a towering tree.

INSIGHT: Aave V3 leads lending TVL at $14.03B.
Morpho Blue follows at $7.85B. SparkLend holds third at $3.66B.

🟢 $MORPHO LONG
🎯 Entry: 1.9434 – 1.9462
🛑 Stop Loss: 1.9059
🎯 TP: 1.9837 - 2.0226 - 2.0615

BREAKING NEWS:
BITMINE RECEIVES 8,000 $ETH FROM BITGO
has just received 8,000 $ETH ($14.99M) from BitGo Hot Wallet about 41 minutes ago.
Based on data from the wallet:
• Total holdings: 32,638 $ETH
• Value: $61.25M
• Latest transfer: 8,000 $ETH
• Previous: 5,000 $ETH about 41 minutes ago
BitMine's accumulation of $ETH continues.
Check the wallet here: 👇🏻

Although you paid the vehicle and vessel tax, no one asked you to tie your car to a boat.🤔🤔

🌈 Gate Live Livestream Inspiration - August 11
Hot Topic Recommendations:
🔹 US-Iran talks deadlock! Oil prices surge 5%, semiconductor and optical communications sectors suffer heavy losses—how should the market respond?
🔹 Jensen Huang responds to doubts over AI financing! The $500 billion demand is real—can AI infrastructure continue charging ahead?
🔹 All three major U.S. stock indexes close lower! Intel falls 4%—when will the tech stock correction end?
🔹 Grok 4.6 leaked ahead of schedule! Musk announces launch this week
🔹 OpenAI buys back employee shares at an $852 billion valuation! A

JUST IN: Trump Media says its Truth API service has signed over 10 clients and started revenue, with a $100k/month price tag for access to posts from top Truth Social accounts. Could raise questions about market-moving information access. $DJT

8.11 Gold Morning Analysis
Gold prices came under pressure and pulled back after surging to 4395. Multiple attempts to move higher failed to break a new high, with clear stagnation at elevated levels, weakening bullish momentum, and the market's center of gravity gradually shifting lower. The risk of a high-level pullback is increasing. The short-term rebound is merely a technical correction and may be a bull trap; chasing the rise is not advisable.
Resistance above: 4390–4400, strong resistance at 4420; support at 4380 and 4350, with deeper support at 4330.
Short 4400–4420 in batches on a reb

#PLTR##帕兰蒂尔# The 176.94 upside target was reached perfectly. The wave pattern is also clear. Figure 2 shows the future move. $PLTRX ‌

#BIP110SoftForkFails
BIP-110 and the real power of Bitcoin consensus
Bitcoin has once again demonstrated something that is easy to overlook when the network is running normally:
Nobody gets to decide the future of Bitcoin alone.
The BIP-110 activation attempt failed to build the level of support required to change the network’s consensus rules. While a minority chain briefly produced blocks, it could not establish enough broader support to challenge Bitcoin’s established main chain.
The important part is not simply that BIP-110 failed.
The important part is why.
Bitcoin does not operate like

BREAKING: Tether's USDT supply on TRON hit $87.9 billion as Q2 transfers reached $2.1 trillion, per Messari data.

8.11 BTC Market Analysis

Direction: After a sharp decline from the high, the price is building a base while fluctuating at low levels. Rebounds are facing clear resistance, so the short-term focus remains on shorting rebounds.
Short: Around 64300‑64600, stop loss above 64900, targets 63700/63400.

After BTC surged to a high of 65482.7, heavy selling pressure emerged, driving a sustained downward move. The price dipped as low as 63808 and is currently at 63987.4. After the decline, the price entered a low-level narrow-range consolidation and recovery phase. Short-term moving averages are sup

#KIMIPreIPOsOpen
Gate Pre-IPO Season 3 is officially opening with one of China’s most closely watched AI companies: Moonshot AI and its flagship Kimi ecosystem.
Kimi K3 is quickly turning into a major story in the global AI race. The model comes with a massive 2.8 trillion-parameter Mixture-of-Experts architecture, a 1-million-token context window, native vision capabilities, and a strong focus on coding, reasoning, agentic workflows, and long-context tasks. Moonshot AI says Kimi K3 activates only a portion of its expert network for each token, helping improve scaling efficiency while keeping