📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
📌 How to Participate
Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
Add hashtag: #PUBLIC Creative Contest#
Include screenshots of your Launchpool participation (e.g., staking record, reward
Bitcoin experienced a long wick candle near 68500 and then faced pressure to fall back. It's not difficult to see the strong resistance above. Looking at the technical indicators on the four-hour chart, the recent candles show that the price has experienced a period of decline, currently undergoing a small rebound, but the rebound strength is limited, with the risk of further pullback. The current price is close to the middle band of the Bollinger Bands, indicating that the price may linger near the middle band or dip towards the lower band. The MACD histogram in the attached chart is red and in a declining posture, indicating significant bearish momentum. The KDJ value shows that the market is weakening and may continue to decline.
Trading suggestion: Open a short position when the price rebounds to near the midline of 68500. The first target is 67700, the second target is near 67000 (recent low), and close all positions to take profits.
The above is for personal reference only!