📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
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🎨 Event Period
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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#6 BTC全民空投限时派送中# #白宫加密报告发布# #Gate Alpha积分撸40U#
Bitcoin showed a fluctuating upward trend yesterday, starting from the low point of 111840 reached in the morning session, testing a high of 114723, and currently running around 114300. After a series of pullbacks and closing with bearish candles on the daily chart, a strong bullish candle emerged, officially launching the market for an upward breakout—previously, the price stabilized and rebounded after breaking below the lower Bollinger Band, and is currently making steady progress towards the middle band. The upward momentum is beginning to show, but the reminder that "the overall downward trend has not been reversed" has avoided excessive interpretation of a single signal. Moving forward, key attention should be paid to the resistance around 116000 and near the middle band. If there is no breakout and stabilization today, the price is expected to pull back towards the short-term support below. Before breaking this level, the approach should primarily focus on ranging consolidation, mainly looking to short on rebounds.