📢 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
Bitcoin experienced a short-term pump after the announcement of favourable information, but there is still uncertainty in the market. Currently, the range of 119500 to 120000 may form certain resistance, and investors can consider setting short orders in this range. If the support level of 118000 can be effectively held, there may be opportunities to go long between 118000 and 118700. However, if the price falls below 118000, it may further test the level of 116300. In this case, investors do not need to be overly impatient and can wait for the U.S. stock market to open before conducting further analysis and decision-making. Overall, the current Bitcoin market still requires cautious treatment, closely monitoring the performance of key price levels, and combining more market factors to formulate trading strategies.