📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
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Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
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#打榜优质内容# The current BTC market is in a consolidation phase near the lower band of the Bollinger Bands, continuously stretching towards the high while testing the strength of the middle band resistance. After the three bands of the Bollinger Bands were in a parallel state earlier, they have gradually shown signs of opening. This pattern indicates that market momentum is accumulating strength, suggesting that a potential breakout trend is imminent. On the technical indicator front, the market is maintaining a range-bound adjustment above the zero line, with bullish candles primarily in solid form, showing that long positions still dominate, and upward momentum continues to exist. It is worth noting that the fast and slow dual lines have formed a closing death cross below the zero line, which indirectly reflects that the current accumulation process is quite deep, laying a foundation for a strong burst of market momentum later, with short-term breakout expectations strengthening.