🎉 The #CandyDrop Futures Challenge is live — join now to share a 6 BTC prize pool!
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📅 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.
Evening BTC strategy
MACD: The hourly chart shows an increase in bullish momentum, but the 4-hour chart has a "bear cross" signal, indicating a clear short-term divergence between bulls and bears.
RSI: Neutral zone (51-59), no overbought/oversold pressure, but momentum is weakening.
Moving Average System: The price is above the 100-hour moving average ($117,159), but is constrained by the 20-day EMA ($118,150), creating short-term resistance.
Operation Suggestions
If it holds steady at $118,700, you can take a small position to go long, targeting $120,500, with a stop loss at $117,500.
If it breaks below $117,000, go short with a target of $116,000-$114,600 and a stop loss at $118,000.
Risk Control Focus:
The U.S. PCE inflation data to be released tonight at 20:30 may trigger significant volatility, so be wary of spike trading.
Avoid high leverage and pay attention to the funding rate of BTC futures (if it turns negative, it indicates that bears are dominant).
💎 Summary: The current market is at a critical point of directional choice, with a bearish technical outlook but unchanged long-term macroeconomic benefits. Tonight is more likely to continue the oscillating downward trend (targeting $116,000), and a significant increase in volume is needed to break through $118,700. It is recommended to focus on short-term trading and set strict stop-loss levels. #BTCÐ Launchpool收益超3%#