💙 Gate Square #Gate Blue Challenge# 💙
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August 11 – 20, 2025
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After BTC broke through a new high, it experienced a fall. The activation of BTC Wallet addresses by ancient Whales yesterday caused panic, leading to a significant drop. The short-term support has been breached, and currently, the short-term support is in the range of 107300-108000. We can observe if this level can hold; if it does, it is still possible to enter a long order, with a target near the previous high of 112000.
EHT has also reached strong support near 2500 in the short term. If you entered a long order with BTC yesterday, you can continue to hold it. The take profit target is still looking at around 2800.
My operating idea:
Long order BTC107300-108000, stop loss 106600, take profit 112000.
Long order ETH2480-2520, stop loss 2450, take profit 2800.
Trading involves risks, and the above views do not constitute financial advice!