📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
Data Analysis:
According to the current market liquidation map, the overall market is dominated by bulls. Based on the current Bitcoin price around $114,800, if the market fluctuates by $2,000 up or down and rises again to around $116,800, it is expected that the total liquidated short amount could be approximately $822 million. Conversely, if the market drops to around $112,800, the total liquidated long amount is expected to be approximately $1.108 billion.
According to the current Ethereum liquidation map, the overall Ethereum market is currently dominated by bulls. Based on Ethereum being around $3673, if it fluctuates up or down by $100 and rises again to around $3773, it is expected that approximately $1.075 billion in short positions could be liquidated. Conversely, if Ethereum drops to $3573, it is expected that approximately $1.033 billion in long positions could be liquidated.
The Bitcoin spot ETF saw a net inflow of $49.7 million yesterday, while the Ethereum ETF had a net inflow of $1.7 million yesterday.
Market View:
Market direction: Primarily oscillating. From the current market trend, the daily level is still in an overall oscillating market, so we need to continue waiting for a real shift in the market. Ethereum and other altcoins are also mostly oscillating sideways, leading the market into a relatively quiet observation state. Therefore, in terms of contract strategy in the recent period, short-term trading is still the main focus.
Subscription Benefits:
Welcome family members to subscribe and enjoy the opportunity to lay the groundwork in advance together. At the same time, subscribing also includes contract strategies for ETH and SOL. Don't just think about it, take action and subscribe quickly~