📢 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 (BTC) Market Analysis
Bitcoin is currently trading around $105,971, reflecting a daily gain of 1.63%. The price is holding above the 200-day SMA, confirming long-term bullish strength even amidst recent short-term corrections.
🔍 Technical Breakdown:
RSI: 41.25 → Nearing oversold territory, signaling a possible bounce.
SMA Levels:
SMA20: $102,331.70
SMA50: $99,201.26
SMA200: $77,874.79
Bollinger Bands: BTC is close to the lower band → undervaluation signal.
📈 Macro Insight:
Over $3.3B flowed into crypto products in the last week of May, marking strong institutional interest. Strategic accumulation and structural support are driving BTC toward potential breakout zones in the upcoming sessions.
🔮 Conclusion:
BTC is in a strong consolidation phase. If $95K holds, bulls may take the lead again. Long-term trend remains intact. Eyes on breakout above $108K for momentum continuation.
#BTC#
#Market#
#CryptoTrend#
#SupportZone#
#BullishMomentum#