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The Crypto Assets market has recently shown a strong rising trend, with Bitcoin once again breaking through its historical high. The entire market seems to have been ignited. With only half of the month gone, Bitcoin is already advancing towards the target of 133,000 dollars, a figure that is gradually becoming clearer. However, experienced investors understand that a true exit strategy is not about operating at a specific price point, but rather about withdrawing at the right time during a market surge. In the long-term trend, fluctuations of several thousand dollars are actually not so important.
Ethereum's performance has been more impressive, with its price soaring from 2100 USD to 3500 USD, providing substantial returns for early investors. However, when everyone is shouting 'it can rise further', the temporary target of 5500 USD feels more like a warning: the more intense the rise, the more caution is needed. When the price approaches this level, decisive action is more important than hesitation.
Yesterday's market can be described as a 'raid'. Bitcoin surged sharply from a low of $118,900, with some traders accurately seizing the opportunity to go long, while some investors expecting a pullback suffered slight losses. This is characteristic of a bull market: it won't wait for everyone to be ready, either letting you taste the sweetness or giving you a lesson. Today's opening continued the momentum of breaking new highs, but then there was a 3,000-point pullback, as if the charging troops suddenly slowed down. From the 4-hour chart, the pullback has fallen below the recent high of $122,300, indicating that the market may need some time to digest this round of rise.
From the weekly chart, the continuous rise trend is still ongoing. If it can stabilize at 123,300 dollars, it will consolidate the gains of this round of rise. Even if there are occasional pullbacks, they are more like brief rests in the long-term upward process, rather than signals of a trend reversal. Experienced investors know that unless a key position is reached, the market is unlikely to experience a significant drop.
Therefore, investors should not overly focus on short-term price fluctuations. The market has its own rhythm and will not change due to individual emotions. It is crucial to remain calm and rational. No matter how crazy the market may be, remember the original intention when entering; no matter how strong the rise may be, also leave room for a possible exit.
Currently, Bitcoin continues to create new highs, and Ethereum also maintains a strong upward momentum, with the entire Crypto Assets market showing a vigorous development trend. However, investors should remain cautious, manage risks appropriately, and avoid making impulsive decisions during times of heightened market sentiment.