🎉 The #CandyDrop Futures Challenge is live — join now to share a 6 BTC prize pool!
📢 Post your futures trading experience on Gate Square with the event hashtag — $25 × 20 rewards are waiting!
🎁 $500 in futures trial vouchers up for grabs — 20 standout posts will win!
📅 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.
On the daily chart, BTC rose yesterday from the lowest point near 117800 to the highest point near 119750, closing around 119400. The support level is near 117950; if it breaks down, we can look to around 116000. A pullback can be used to enter long positions nearby. The resistance level is around 121000; if it breaks through, we can look to a new high. The MACD shows a decrease in short positions. On the four-hour chart, the support is near MA30; if it breaks down, we can look to MA120. A pullback can be used to enter long positions nearby. The resistance level is around 120700; if it breaks through, we can look to around 122750. The MACD shows an increase in long positions.