🎉 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.
Analysis of the BTC evening strategy on the 8.2.
Looking at the current market, one word: grind! BTC is currently stuck between the upper and middle bands of the Bollinger Bands, playing a "sit-up" game, moving up one step and retreating half a step, slowly edging up like a dull knife cutting meat. After yesterday's wave of sell-off, both bulls and bears have fallen into a stalemate. Although there are occasional bearish candles that dip and create a pit in the short term, if you take a closer look, every time it dips down, it feels like stepping on a spring.
The 4-hour chart reveals deeper secrets: every time there is a pullback, it is firmly supported by that stubborn upward trend line, and the bears can't even kick the door down! Since the main force wants to play a "slow bull grind," let's not act recklessly – keep a close watch on the range, short on highs and long on lows, and seize every opportunity!
The weekend market is mainly characterized by small fluctuations, and short-term trading is suitable for making quick trades.
BTC suggestion: Buy in the range of 113500-113000
Short-term target 114500, pattern looks at 115000-115800
Auntie suggests: go long in the range of 3450-3490
The target is 3550-3600