Old Bao's appearance indeed lives up to its reputation, as Bitcoin staged a plummet in the early hours, but the good times didn't last long before it rapidly dipped, trying to break through 116, then quickly recovering the drop point. Currently, it looks like a similar strong rhythm, but it is still constrained by the four-hour trend structure. During the day, one can treat this position with a short first and then a long.

🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
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🎁 4 winners split $100 Futures Voucher!

📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
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📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
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📅 Event Period
August 11 – 20, 2025
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