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Track real-time hotspots in the crypto world and seize the best trading opportunities. Today is Friday, July 18, 2025.
U.S. stocks closed higher on Thursday, with the Dow up 0.5%, the S&P 500 index up 0.54%, and the Nasdaq up 0.74%, both of the latter hitting all-time highs. Nvidia (NVDA.O) rose nearly 1%, closing with a market value exceeding $4.2 trillion, setting a new record. The House passed three cryptocurrency-related legislations: the CLARITY Act, the GENIUS Act, and the anti-CBDC monitoring national act. The CLARITY Act and the anti-CBDC monitoring state act will be sent to the Senate for review. The GENIUS Act is expected to be officially signed into law by Trump on Friday local time. According to reports, Trump is preparing to open cryptocurrency, gold, and private equity to a $9 trillion retirement market, which will stimulate a fundamental shift in savings management. Three insiders revealed that Trump is expected to sign an executive order as early as this week to open alternative investments beyond traditional stocks and bonds for 401k retirement plans. These investments will encompass a wide range of asset classes, from digital assets to metals, as well as funds focused on corporate acquisitions, private loans, and infrastructure deals.
Bitcoin is once again staging a roller coaster market, experiencing a pullback after approaching the resistance level of the 121,000 round number, but the highs and lows are continuously moving upward, presenting an overall oscillating upward trend. From the current situation, bullish momentum has been somewhat enhanced. From the hourly Bollinger Bands perspective, the bands are continuously expanding, indicating an increase in short-term volatility and a faster pace of market momentum release; this suggests that short-term bullish forces still dominate, and bullish momentum has not completely diminished. In terms of the MACD indicator, the two lines show a parallel upward extension, with the histogram energy maintaining stable release, showing no obvious signs of contraction or reversal, indicating that the current bullish momentum remains coherent, and the structure of the short-term 📈 trend has not been damaged yet. Future positioning will continue to focus on pullback long positions!
Ethereum tested the 3360 line multiple times yesterday and stabilized, reaching a high of 3520 in the early hours before pulling back. In the morning, Ethereum dipped to around 3457 and stabilized again, starting to rise, with the highest reaching around 3626. Last week, Ethereum saw a strong bullish candle, continuing to increase in volume at high levels, constantly refreshing recent highs, and the pullback was relatively limited. The quick pullbacks and recoveries continued this week, extending the bullish trend from last week, with the weekly K-line rising again and the bullish K-line recovering upward. The daily line also saw consecutive gains, and both the daily and weekly lines closed strongly. This week, the end of the week will likely continue the inertia, with a slow rise after a volume increase during the upward process, breaking the high point of 3000 which turned into a support point, also serving as the support point at the beginning of the week. After stabilizing above the strong integer threshold, there was a strong upward attack, with short-term strong recovery and new highs. After a horizontal consolidation at the end of last week, this week welcomed the continuation of last week's bullish inertia. The rising trend after volume increase will switch quickly, and the volatility is high with small pullbacks, leading to a significant increase. Given that the daily and weekly lines have not shown a pattern of high closing and low opening, the short-term bullish position remains unchanged. In a strong bullish market, pullbacks give us signals to enter long positions.