🎉 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.
Analyst: If Bitcoin falls below $90,000, it may trigger a deeper pullback.
Odaily News Bitcoin fell below the $95,000 mark during Monday's trading session, as rising macroeconomic uncertainties and the upcoming Federal Reserve meeting heightened market caution. FxPro analyst Alex Kuptsikevich stated that if prices continue to be under pressure, the key support levels below are $92,500 and $89,000; once it falls below $90,000, it may trigger a deeper correction. Furthermore, despite the market fluctuations, the Bitcoin spot ETF launched last year still recorded a net inflow of approximately $1.81 billion last week, indicating that both institutions and retail investors remain enthusiastic about allocation. On-chain data shows that long-term holders' unrealized profits have approached 350%, which may create potential selling pressure on prices. (CoinDesk)