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- 🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
🆘 #Gate 2025 Semi-Year Community Gala# | Square Content Creator TOP 10
Only 1 day left! Your favorite creator is one vote away from TOP 10. Interact on Square to earn Votes—boost them and enter the prize draw. Prizes: iPhone 16 Pro Max, Golden Bull sculpture, Futures Vouchers!
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Post your - 💙 Gate Square #Gate Blue Challenge# 💙
Show your limitless creativity with Gate Blue!
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August 11 – 20, 2025
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2. Include the hashtag #Gate Blue Challenge# in your post title or content.
3. Add a short blessing or message for Gate in your content (e.g., “Wishing Gate Exchange continued success — may the blue shine forever!”).
4. Submissions must be original and comply with community guidelines. Plagiarism or re
Bitcoin experienced a rise last night, but the momentum did not last, and the price once touched the $120,000 mark before falling back.
Currently, BTC is facing a key resistance level at 119600 USD. If it can effectively break through and hold this position, it may indicate that the rising momentum is still continuing, with the market expected to further attack the 120100 USD or even 120750 USD area.
However, if the resistance level of $119,600 cannot be broken, it may indicate that the short-term rebound has come to an end. In this case, the BTC price may continue to pull back, with the next support level around $118,630, and if it breaks below that, it could test the $118,280 level.
Overall, BTC is currently at a crucial position, and investors should closely monitor the performance of the $119,600 resistance level, which will determine the direction of Bitcoin's price in the short term. Whether going long or short, it is necessary to operate cautiously and set reasonable stop-loss levels to control risk.
It is worth noting that the cryptocurrency market is highly volatile, and investors should conduct thorough research and risk assessment before making any trading decisions.