🎉 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.
Today, Bitcoin's early market activity started with a rebound from the support level of 112,600 and has currently reached around 114,000. By analyzing market patterns and technical indicators, we can foresee that the market is likely to maintain a moderate rise trend, with the potential for further increase in the upward space.
From the current trend, the Bitcoin market is showing positive signals. Investors may consider adopting a bullish strategy, paying particular attention to buying opportunities in the range of 113,100 to 113,500. If the market continues to improve, the target price can be set between 114,600 and 115,500.
However, investors should also bear in mind that the cryptocurrency market is highly volatile, and it is essential to exercise caution when making investment decisions. It is recommended to closely monitor market dynamics, adjust strategies in a timely manner, and control risks. Meanwhile, for long-term investors, this could be a good opportunity to accumulate at lower prices.
Overall, the Bitcoin market is showing a positive rise trend at the moment, but investors still need to remain vigilant, balancing risk and return. While seizing potential opportunities, it is also essential to manage risks effectively to ensure investment safety.