📢 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
📈 Price Snapshot & Key Levels
Current price: ~$105,006
Today’s trading range: ~$104,300–106,097
Important technical levels:
Support: $103,200–104,000 (previous support zone)
Resistance: $105,600–106,000 (EMA/Ichimoku cluster), next at $110,000–112,000
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🔍 Market Drivers
1. Profit-taking & Technical Pullback
BTC recently broke down from the $106K Fibonacci/EMA region, hovering near $104K. RSI (~37) and MACD indicate short-term bearish tension .
2. Geopolitical Risk
Middle East tensions triggered a short-term risk-off move, pulling BTC briefly below $106K—though within “normal” correction parameters (~3–5%) .
3. Institutional Flows & Macro Tailwinds
Spot ETF assets recently surged from $91B to $132B, reflecting sustained inflows .
US–China trade progress continues to buoy risk assets, similarly impacting BTC .
4. Macro Outlook
Investors are eyeing the upcoming U.S. inflation and jobs data. Optimism around Fed rate cuts could propel BTC toward $120K–125K by June end .
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🧭 Analyst Take
Bullish Scenarios:
Break above $107.5K–110K could open runway to $112K, then **$120K+** .
Long-term upbeat sentiment: Cathie Wood eyes $1.5M by 2030; Tom Lee targets $150K by year-end .
Cautious/ Bearish Warnings:
Cointelegraph flags a potential “bull trap” fractal—could dip below $100K in deeper correction .
FT warns of speculative bubbles in Bitcoin-related shares and warns meltdown may lie ahead .