- Topic
25k Popularity
31k Popularity
115k Popularity
3k Popularity
19k Popularity
- Pin
- 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
📍 Follow Gate_Square, vote and drop your reason.
🎁 4 winners split $100 Futures Voucher! - 📢 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 - 💙 Gate Square #Gate Blue Challenge# 💙
Show your limitless creativity with Gate Blue!
📅 Event Period
August 11 – 20, 2025
🎯 How to Participate
1. Post your original creation (image / video / hand-drawn art / digital work, etc.) on Gate Square, incorporating Gate’s brand blue or the Gate logo.
2. Include the hashtag #Gate Blue Challenge# in your post title or content.
3. Add a short blessing or message for Gate in your content (e.g., “Wishing Gate Exchange continued success — may the blue shine forever!”).
4. Submissions must be original and comply with community guidelines. Plagiarism or re - 🎉 The #CandyDrop Futures Challenge# is live — join now to share a 6 BTC prize pool!
📢 Post your futures trading experience on Gate Square with the event hashtag — $25 × 20 rewards are waiting!
🎁 $500 in futures trial vouchers up for grabs — 20 standout posts will win!
📅 Event Period: August 1, 2025, 15:00 – August 15, 2025, 19:00 (UTC+8)
👉 Event Link: https://www.gate.com/candy-drop/detail/BTC-98
Dare to trade. Dare to win.
#Gate & WLFI USD1 Points Program#
#Trump Allows 401(k)Crypto Investing#
#Join Copy Trading Share to Win $2,000#
Here is the current price data for Bitcoin (BTC):
---
Market Conditions Today (9 August 2025)
1. Price & Volume
BTC price is moving in the range of $116,700 – $116,900 USD, with a daily trend slightly down around –0.6%.
Daily trading volume is quite large, reflecting intense market activity.
2. Technical Analysis
Currently, BTC is in a consolidation phase above the $116K level after previously peaking at an all-time high near $123K.
According to Cointelegraph, BTC is still facing strong resistance in the range of $120,000 to $123,218, so it needs strong momentum to break through that level.
3. Fundamentals & Valuation
The "Energy Value" method based on energy input and hashrate indicates that the fair value of BTC could reach around $167,800 — this is 45% above the current observed price, indicating further appreciation potential.
However, on the macro side, gold remains the favorite safe-haven asset throughout this year, outperforming BTC which behaves more like a risky asset.
4. Long-Term Technology Risks
Long-term security issues were also discussed: quantum computing technology has the potential to weaken blockchain encryption security in the next 5-10 years. Nevertheless, the industry has already begun to anticipate this by developing quantum-resistant solutions.
---
Brief Summary
Factor Latest Trends / Insights
Current price Around $116.7K, slightly weakened
Support / Resistance Consolidation above $116K, strong resistance at $120–123K
Fundamental valuation "Energy Value" implies a fair price of $167K (+45%)
Macro Sentiment Gold still outperforms as a safe asset
Long-term risk Quantum computing threat is being anticipated
---
Brief Recommendation
Short-term traders: Be cautious of potential pressure at the $120K resistance zone; a breakout above that area could trigger further rally.
Medium to long-term investors: Fundamental valuation shows appreciation potential, but still consider diversification—especially since gold still dominates as a safe haven.