🎉 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.
If Ethereum doesn't have a single 15-minute candle close below 3696 by 8 PM tonight, it will oscillate upwards.
The expected short position at 3780 has been canceled for now, as the timing is not right; entering could lead to further drawdown. Let's see how it goes when the time comes.
The live broadcast at 3680 has already finished running at 3635 and 3665.
Resistance range on Ethereum at 3750-3780. We need to see what rhythm it comes up with; if it comes up with fluctuations nearby, we should withdraw orders and wait a bit.
There are many support levels now, with the key small-level at 3695 and the four-hour watershed at 3635.
The market has been fluctuating for a long time.
Do not chase the breakout of this range, as it is easy to be caught by false breakouts. You can wait for the breakout to retest before entering. The midpoint of the range, 7700, is like a tether.
See if there is an opportunity to short 120500-121500 later tonight.
If it goes down, pay attention to the position of 116100, 6200 (estimated to not be reachable).