🎉 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.
Recently, the Crypto Assets market has shown a complex situation, and the price movement of Bitcoin (BTC) has attracted much attention. Technical Analysis indicates that BTC is currently facing multiple support and resistance levels.
On the downside, investors should closely follow the primary support level around $113,600. If this level is breached, the secondary support level may be around $112,200. If the decline continues, the area below $110,800 could become a key support zone.
On the upside, around $115,800 forms initial resistance. If this level is broken, $116,600 will become the next challenge. In the case of a strong rally, the resistance level near $117,500 is worth following.
Meanwhile, market hot events are emerging one after another. Ethereum ETF has shown a net inflow for 12 consecutive weeks, indicating investors' continued confidence in this asset. The news of the U.S. government considering raising tariffs has triggered market volatility, while Trump intends to announce new Federal Reserve board member candidates, which could have a profound impact on the financial markets.
In addition, the upcoming digital asset report from the White House has attracted widespread attention in the industry and is expected to play an important guiding role in the development direction of encryption projects. Mainstream crypto assets such as XRP, BNB, and SOL also fluctuate with market changes.
In the face of a complex and ever-changing market environment, investors must remain calm and rational. As a saying goes: life will not always go as you wish, but what truly defines a person is how they respond to these challenges. In the crypto assets market, adaptability and long-term vision are equally important.