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Recently, the sentiment in the crypto assets market has been high, and the price movement of Bitcoin has become the focus of investors' attention. According to the latest market analysis report, the Bitcoin trading community generally holds an optimistic attitude, with most expecting its price to reach a new high in the short term.
Analysts point out that $119,000 has become an important support level for the current Bitcoin price, while $121,000 is seen as the mid-term target price for this week. This expectation reflects the confidence of market participants in the short-term price movement of Bitcoin.
It is worth noting that the options market data also confirms this bullish sentiment. Some bullish options contracts have achieved a 120% return, and several contracts at different strike prices have even gained a 100% profit. Trading activity is mainly concentrated on contracts expiring mid-week with a strike price of $121,000, indicating a special focus from investors on this price level.
However, cautious traders have not overlooked the importance of risk management. Compared to previous strategies, the current risk management efficiency has improved by about 6 times. Investors have established short positions in put options in the range of 1.1-1.14 million dollars to provide protection against potential downward price movement.
Despite the overall optimism in the market, investors still need to be wary of the high volatility in the Crypto Assets market. The price movement is influenced by various factors, including but not limited to the global economic situation, changes in regulatory policies, and the behavior of large institutional investors. Therefore, when making investment decisions, it is advised that investors comprehensively assess risks and reasonably allocate assets.