The market exploded on 2026.8.20, with spot and futures positions fully cashing in across the board!
The market swept up $2.98B overnight, of which $2.74B came from liquidated short positions, while long positions accounted for less than a tiny fraction; 174782 people went bankrupt and were wiped out—among them, there are certainly none of Brother Sao's followers!
At the end of June and beginning of July, I shouted myself hoarse telling you to buy spot at 60000/1600, clearly informing you to consider taking initial profits on BTC at 67000-70000 and ETH at 1900-2000; now all of them have broken

Bitcoin hit $69,400, briefly touching $70,000 intraday. In between, I repeatedly called on everyone to get into long positions; I even called it once yesterday afternoon. I called for the $62,600 long on the Square and held it all the way to now—more than 6,000 points. During the choppy half-month, I never once told everyone to get off.
Looking back now, enduring that half-month was worth it.
Let’s talk about why this rally was so strong.
The White House held a crypto meeting yesterday. Trump called on Congress in front of a group of exchanges and tech companies, urging them to quickly pass th

Big pump!
What happened?

🌈 Gate Live Streaming Ideas - August 20
Trending Topic Recommendations:
🔹@What’s Behind Bitcoin’s Surge! Regulatory Tailwinds, U.S. Treasury Liquidity, and Short Covering Converge—Is the Bull Market Signal Confirmed?
🔹@BTC Hits 70k! Shorts Get Liquidated—How Much Room Is Left for the Next Rally?
🔹@Crypto-Related Stocks Surge Across the Board! Strategy Gains Nearly 12% and Coinbase Rises 9%—Can Bitcoin’s Rebound Continue?
🔹@ETH Breaks Through Key Resistance! It Tops the “Golden Line” for the First Time—Has Ethereum’s Reversal Begun?
🔹@Hyperliquid Revenue Explodes! It Earns $4.4 million an

8.20 Dong Yan: Gold Surges on Qixi Night—Bull Trap or Reversal?
Yesterday, hit by news that the U.S. Treasury would rescue the debt market, falling U.S. Treasury yields drove the dollar lower, with prices breaking below 99. Gold bulls began to exert force, with almost no room for a pullback from the European session through the U.S. session. Gold only stopped and pulled back after rising to around 4522. The daily high rose by nearly $200! The daily chart recorded a large bullish candle, with bullish momentum released in a concentrated manner! The larger-cycle upward trend remains unchanged, bu

JUST IN: Strategy $MSTR is up 12.7% to $104.25.

A few days ago, I removed the stop-loss with shaky hands. Looking at it today, it feels like I got a second chance. The last thing I saw before bed was it still climbing with the broader market. The bull-trap vibes were too strong, so I figured no one would take it higher and decisively opened a short. When it dumped overnight, I almost laughed.
Short from 0.04921, now at 0.04233, already up +272.88%—staying up was worth it. I’ll close 80% and lock in the profit, then move the stop-loss on the remaining 20% to breakeven. Even if it rebounds, I won’t give the profit back. This move has been so

$TRUMP needs to catch up, it’s at the bottom. Guys, you can accumulate some to play with, hold it long term to fish for big gains. PI has bought the dip.

Technical Outlook: XRP Attempts a Breakout Above Key Resistance as Momentum Improves
XRP is trading around $1.0808, showing a short-term recovery from the recent lows near the $1.0051 support zone. Price has reclaimed the 20 EMA, but remains below the 50, 100 and 200 EMA, meaning the broader market structure is still bearish.
However, the latest price action shows an improvement in momentum, with XRP pushing back toward the $1.0808–$1.1257 resistance cluster. A sustained breakout above this region could strengthen the recovery and potentially trigger a larger upside move.
📈 EMA Structure
20 E

🚨 BTCUSDT 4H — BULLS ARE IN CONTROL, BUT DON’T CHASE!
Bitcoin has made a powerful breakout, pushing from the $64K–$65K zone toward $71K. The 4H structure is strongly bullish, with price trading well above MA5 ($68.0K), MA10 ($66.3K) and MA30 ($64.4K).
📈 Bullish Setup
• Resistance: $70.1K → $71.1K
• Break & hold above $71.1K could open $72.5K–$74K
• Support: $68.0K → $66.3K
• Major support: $64.4K–$65K
• MACD remains strongly bullish, confirming momentum.
⚠️ Key Warning: RSI is extremely overbought (RSI 91.6), so a short-term pullback or consolidation is highly possible. A healthy retest of $

#GateEventPointsSystemLaunched Gate has officially launched its Event Points System, marking a significant upgrade to the Event Market experience. The system went live around August 17, 2026, introducing a structured way for users to earn points through event contract trading, compete on weekly leaderboards, and unlock a range of rewards. Alongside the points mechanism, Gate rolled out a dedicated esports hub and the Top Five European Leagues Kickoff Celebration campaign, which carries a total prize pool of 200,000 USDT running from approximately August 12 to August 31.
The core loop of the ne

Little Genius: After the gold price rises, beware a high-level correction followed by another rise
Yesterday’s news catalysts triggered a market breakout, with gold surging nearly $200 in a single day and closing with a large bullish candlestick on the daily chart as bullish momentum was released all at once. The longs entered around 4320 yesterday also took a nice profit, exiting fully at the 4410 target
The overall bullish trend remains unchanged, but beware a high-level correction followed by another rise. With former resistance turning into support, 4500 can be used as an entry level. Once

8.20$BTC Analysis and Strategy
The FOMC meeting minutes indicated a 72% probability of keeping interest rates unchanged in September. Trump's remarks about cutting rates drove the market higher, while the U.S. Treasury repo limit was raised from $2 billion to $4 billion, which is effectively a signal of a rate cut.
#BTC升破70000美元日内涨幅8.3%
The following strategy under bull market conditions is for reference only
Trading suggestion: Go long at lows (go long on a pullback after a rebound; MACD remains above the zero line, and the market is currently hot, so it will not decline in the short term)
T

The support level is in the $4,466-$4,472 range. A sustained breakout above this level is highly likely to lead to further gains. Long positions can be established in the $4,470-$4,475 range, with profit targets of 100-300-500 points.
A break below this support level will test the $4,442-$4,436 range.
Gold is currently undergoing a pullback. Will the Fed's hawkish remarks begin to take effect today?
Are you selling or waiting to buy the pullback? ​​​$XAU

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The prediction was extremely accurate. The Village Chief has been bullish recently, and I explained it very clearly in yesterday's livestream: the short-term trend should be upward. Days ago, I had already predicted that the coin price would challenge the $70k mark!
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