🎉 Gate Square Growth Points Summer Lucky Draw Round 1️⃣ 2️⃣ Is Live!
🎁 Prize pool over $10,000! Win Huawei Mate Tri-fold Phone, F1 Red Bull Racing Car Model, exclusive Gate merch, popular tokens & more!
Try your luck now 👉 https://www.gate.com/activities/pointprize?now_period=12
How to earn Growth Points fast?
1️⃣ Go to [Square], tap the icon next to your avatar to enter [Community Center]
2️⃣ Complete daily tasks like posting, commenting, liking, and chatting to earn points
100% chance to win — prizes guaranteed! Come and draw now!
Event ends: August 9, 16:00 UTC
More details: https://www
Analyzing the monthly data of the current market, the following observations can be made:
1. The Relative Strength Index ( RSI ) is currently high, but has not yet reached overbought levels, indicating that there is still room for the market to rise.
2. The Energy Tide Indicator ( OBV )'s Exponential Moving Average ( EMA ) remains in an upward trend, with no signals of a downturn, which is typically considered a characteristic of a long-term bull market.
3. Moving Average Trend Analysis ( MACD )'s fast line remains in an upward trend, with no obvious turning points, further supporting the current upward trend.
Overall, the current monthly chart does not show any obvious top signals. However, market participants should remain vigilant, especially paying attention to data changes around August 14. If there are signs of a downward trend compared to current data at that time, it may indicate that a monthly top is about to form. Investors need to closely monitor market trends at this time to adjust their investment strategies in a timely manner.