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📢 Post your futures trading experience on Gate Square with the event hashtag — $25 × 20 rewards are waiting!
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📅 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.
Panic Index: 34
Altcoin Index: 20
Rainbow chart shows: less than 63,000 is a strong buy zone, less than 46,000 is a bottom area 😂😂😂 (100% win rate on historical rainbow chart data)
Technical analysis: The price of BTC has reached around 56000, not far from the descending channel. At the same time, RSI is oversold, MACD has fallen below the zero line. The only thing to note is that the daily candlestick level trading volume has not picked up yet. Let's see how far the Long Wick Candle can go!