📢 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
Grasp the trends of the crypto world and master the entry points for trades.
Hello everyone, I am Kangxi from the crypto world.
Follow me: I will share practical insights from the crypto world, deeply analyze market trends, and achieve wealth growth.
Tuesday, August 12, 2025 "Starts at 7:30 AM sharp"
Trading Strategies for Bitcoin and Ethereum Intraday:
In the intraday, first pay attention to the resistance levels around 119380 points and 120800 points. As long as it can effectively break through the resistance level of 120800 points upwards and maintain above 120800 points, it indicates that the bulls are relatively strong and will continue to move upwards. First, pay attention to the resistance levels around 122330 points and 123300 points. If it can effectively maintain below the resistance level of 123300 points, it will move towards a bearish trend below 123300 points. Conversely, if it breaks through the resistance level of 123300 points upwards, it will lead to a sustained upward trend. Focus on the resistance level around 141000 points or higher targets.
Conversely, if Bitcoin can effectively maintain below the resistance level of 120800 points during the day, it will continue to show a downward retracement trend. First, pay attention to the support levels around 118000 points and 117600 points. If it breaks down, watch the support levels around 116350 points and 115700 points. As long as it can effectively maintain above the support level of 115700 points, it will continue to maintain a bullish trend. If it breaks down, continue to pay attention to the daily support levels around 112000 points and 110500 points, as well as the weekly support level around 109600 points.
"Daily Trading Suggestions for Bitcoin: Short near the resistance level of 120800 points, with a stop loss above 121000 points. Go long near the support levels of 118000 points and 117600 points, with a stop loss below 117400 points."
♥♥♥♥♥♥
Ethereum's intraday focus is primarily on the resistance levels around 4267 points and 4309 points. As long as it can effectively break through the resistance level of 4309 points and maintain above that level, it will continue its upward trend. The first resistance level to pay attention to above is around 4332 points and 4366 points. If it can maintain below 4366 points, it will continue its downward pullback trend. After breaking through, pay attention to the resistance levels around 4380 points and the previous high of 4877 points.
Conversely, as long as it can effectively maintain below the resistance level of 4267 points during the day, it indicates that the bears are relatively strong and will continue to produce downward pullback trends. Focus on the support level of 4153 points and the bullish-bearish reversal level near 4108 points. Moving forward, as long as it can effectively remain above the support level of 4108 points, the bullish outlook will remain unchanged. On the contrary, if it breaks below the support level of 4108 points and maintains below 4108, it will lead to a bearish trend. Initially, focus on the support levels of 3940 points and near 3860 points, and after breaking, pay attention to the support levels of 3740 points, 3525 points, and near 3500 points.
Ethereum Intraday Trading Recommendations: Go long near the support levels of 4153 points and 4108 points, with a stop loss below 4090 points.
Short near the resistance level of 4267 points, with a stop loss above 4285 points.
………………………………
The market has risks, and investment should be cautious. The operating suggestions are for reference only, and profits and losses are at your own risk.