📢 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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Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
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Recently, the Crypto Assets market has experienced increased Fluctuation, with Bitcoin (BTC) showing unpredictable performance. Currently, the BTC price is hovering around $112,000, just over $700 away from the psychological barrier of $113,300. The market generally believes that if BTC can directly fall to the range of $110,000 to $112,000, it may trigger a quick Rebound. However, the market seems to be intentionally maintaining this delicate balance.
It is worth noting that $114,500 has become an important resistance level for Bitcoin. For a true upward breakout to occur, BTC must break through and hold this key level. Otherwise, the market may continue to fluctuate within this range.
As for Ethereum (ETH), it seems ideal for its trend to remain in sync with Bitcoin. The main resistance level that ETH currently faces is at $4,205. For long-term holders of the spot, being overly concerned about these short-term price levels may not be very meaningful. Instead, investors should focus more on potential buying opportunities at lower points, preparing for possibly larger declines in the future.
Overall, the current Crypto Assets market is at a critical crossroads. Investors need to closely monitor the changes in these key price levels while maintaining a patient and cautious attitude.