📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
8.12 Afternoon Insights
The Bitcoin shows a clear conflict pattern between technical aspects and external environment in the 4-hour cycle. The technical analysis indicates that the market is between key support and resistance levels. Although the long-term trend still has a bullish resonance, the short-term momentum is weakening, and the trading volume is significantly reduced with the price below VWAP, forming a clear divergence between volume and price. This further intensifies the risk of a bearish reversal.
BTC 118300-117800 long
Target 119500-120000