🎉 The #CandyDrop Futures Challenge is live — join now to share a 6 BTC prize pool!
📢 Post your futures trading experience on Gate Square with the event hashtag — $25 × 20 rewards are waiting!
🎁 $500 in futures trial vouchers up for grabs — 20 standout posts will win!
📅 Event Period: August 1, 2025, 15:00 – August 15, 2025, 19:00 (UTC+8)
👉 Event Link: https://www.gate.com/candy-drop/detail/BTC-98
Dare to trade. Dare to win.
The trading hours experienced a slight rebound, but it does not affect our confidence in the downward trend. The price top divergence on the upper band of the four-hour Bollinger Bands on Monday is still valid, so long term players can wait patiently.
According to the current reliable daily arc top pattern, the previous content has explained the specific characteristics of the pattern, which completely match. Holding a bearish view will not be wrong. From a macro perspective, recent tariff news has been frequent, and all kinds of bulls and horses are continuously supporting BTC at the current price.
From a normal perspective, if bad news doesn't lead to a drop, it definitely should rise. From my viewpoint, high-level oscillation without a rise means it will fall. The current stability is just a result of bulls' liquidity; once the pool is full, it will naturally flood. Does the main force still want to defend the market?
The best intraday entry point for a southward move is directly at 1088-1092. Hesitating for even a second would be a disservice to your own hands. The defensive position can be set at the upper band of the Bollinger Bands with a divergence at 1096. Remember, this is a four-hour level that needs to hold firm to avoid false breakouts.
Whether the class starts tonight depends on how diligent you are with your fingers. You need to develop good habits so that you, Fan Ge, have the motivation to create~