📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
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Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
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BTC after-hours staged a "roller coaster" market, fluctuating and rising to 110720, then quickly retracing, dipping to around 107800, currently oscillating below 109000. The current short-term trend has entered a correction phase, but the pump trend still exists.
Ethereum has been in a unilateral pump since yesterday, with the rise continuing until early morning, reaching a high of around 2710. The market anticipates new highs, with bullish sentiment running high. From the K-line pattern, both Ethereum and BTC formed long upper shadows after surging, indicating that they may face adjustment pressure in the short term.
Shanzhai recommended spot, ai16z, trb, iotx
Currently, the strong resistance for BTC is at the 120,000 level, and the short-term support is at the 100,000 level. If it does not dip below 100,000, there is a possibility for further upward movement; ETH resistance is at 2,780 and short-term support is at the 2,500 level.
Today, it is recommended to buy on dips.