📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
BTC experienced a pullback last night with the phrase "should clear or not clear", and stopped falling and rebounded above the long positions liquidation zone. If a higher high can be established at a smaller scale, the pullback may temporarily come to an end.
Futures liquidity is beneficial for long positions, and the price pullback is due to the supply of dollar spot funds. Only after this supply is exhausted will there be a continuous rebound.
The cost-effectiveness of short positions in the short term is declining, and going long requires waiting for key signals: price breaks 115.8k and closes with a strong long candlestick with volume.
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