BTC: The key short-term support area is in the range of 1161/1163. Given the recent price's tendency to break through easily, the stop loss can be set at the low point of 1158 yesterday. The key upward resistance is in the range of 1176/1181, and once broken, a significant resistance will appear in the range of 1200/1202. Overall, BTC still maintains a strong long positions structure, and here the consolidation leaves opportunities for other altcoins. The trend is not yet over, and in trading, BTC remains predominantly long.

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📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
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📅 Event Period
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Post original content on Gate Square related to WXTM or its