📢 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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The short-term 106,000 long and short dividing line support remains above indicating that the retracement has not yet been officially opened, pay attention to the 110,000 resistance level during the day, once it stands firm, the pie will fall back after inserting the high point of the needle again, and it is expected that the direction will be selected within 24 hours, and the overall structure of the retracement will remain unchanged, just look at the direct fall below 106,000 to open the retracement, or to insert a needle up and then retrace.
1: For short-term trading, defend using the support level of 2500-2520, and pay attention to the breakthrough of the resistance level of 2580-2600 to look for the pressure range of 2750-2800.
2: There are two ways to increase spot positions: if it breaks through 2580-2600 during the day, you can increase spot positions accordingly, or if ETH falls below the support level of 2500-2520, you can look for a rebound near 2400 to take a short-term trading opportunity.
3: Due to the large structure pullback not yet starting, if the market again Long Wick Candle high points, it is a bull trap. Those with large positions should remember to reduce a bit at high points.
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