New Version, Worth Being Seen! #GateAPPRefreshExperience
🎁 Gate APP has been updated to the latest version v8.0.5. Share your authentic experience on Gate Square for a chance to win Gate-exclusive Christmas gift boxes and position experience vouchers.
How to Participate:
1. Download and update the Gate APP to version v8.0.5
2. Publish a post on Gate Square and include the hashtag: #GateAPPRefreshExperience
3. Share your real experience with the new version, such as:
Key new features and optimizations
App smoothness and UI/UX changes
Improvements in trading or market data experience
Your fa
🚨 #Bitcoin faces “palpable” sell pressure as price drops near $113.5K, hitting a 2-week low. Over $100M in long positions were liquidated within just 1 hour.
📉 Key support zones are in focus: $107K–$110K, with the 100-day SMA at $110.9K as a critical barrier. The 50-day SMA at $115.8K must be reclaimed to reverse momentum.
🛡️ Notably, a $25M bid stack sits around $105K as “plunge protection,” though it may be pulled if downside continues.
💸 ETFs, once the main driver, are now showing weakness: Aug. 19 saw $121M in outflows, with BlackRock’s IBIT recording its first withdrawal since Aug. 5.
#BTC enters a true stress test phase.
#BTC