📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
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🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
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Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
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The cryptocurrency market may show a relatively stable trend this weekend. The price of Bitcoin (BTC) is expected to continue to pump after recently breaking through the morning high of $117,880. However, investors need to closely follow the brief sharp fall that occurred last night. If the price fails to break through yesterday's highs and lows, the possibility of a sideways consolidation is high.
The current market's short-term downward momentum has weakened, but the overall bearish pattern has not changed. The rise in the rebound may be limited, and investors should follow the pressure in the range of $118,000 to $118,500.
For Bitcoin, you might consider looking for entry opportunities near $117,000 to $116,200, with a rise target set in the range of $118,000 to $119,000. If the price cannot stabilize, it may fall back to around $116,800 or $115,800.
For Ethereum (ETH), you can follow the support range of $4,400 to $4,320, with rise targets set near $4,480, $4,550, and $4,650.
Overall, market participants should remain vigilant, closely monitor price trends and changes in trading volume, and manage risks effectively. In this uncertain market environment, it is crucial to adjust strategies promptly and maintain flexibility.