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- 🎉 The #CandyDrop Futures Challenge is live — join now to share a 6 BTC prize pool!
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👉 Event Link: https://www.gate.com/candy-drop/detail/BTC-98
Dare to trade. Dare to win.
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Event ends: August 9, 16:00 UTC
More details: https://www
Bitcoin (BTC) – ~$117,500
🔸Candlestick Summary:
Open: ~$118,500
High: ~$119,210
Low: ~$117,428
Close (Current): ~$117,491
Candle Type: Bearish candle (small body with higher upper wick)
🧠 Interpretation:
Bearish rejection: Buyers tried to push BTC above $119K, but strong selling pressure brought it down—forming a long upper wick.
Indecision or reversal: Small real body and long upper shadow suggest hesitation or short-term profit taking.
Support zone to watch: If BTC breaks $117K, next support is near $115K–$113K.
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