📢 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 & Technical Structure
Current Range: Bitcoin remains tightly confined between $104,300–105,100, reflecting a consolidation phase after recent volatility .
Support Levels: Immediate support lies around $104,300–103,750. A breakdown below that could see a retest of $101,000–99,500 .
Resistance Levels: The first barrier is the 20/50/100 EMA cluster near $105,960, followed by the broader resistance zone at $108,000–109,000 .
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📉 Momentum & Volatility
RSI & Momentum: RSI resides just above neutral (~54), indicating a balanced tug-of-war between bulls and bears. MACD shows a slight bullish bias—without volume, however, breakout chances are muted .
Volatility Compression: Bollinger Bands and ATR show volatility tightening, suggesting a coming breakout as current price action focuses in a symmetrical triangle .
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🧭 Market Dynamics
ETFs & Flows: Spot ETF inflows show sustained institutional demand. According to recent data, around $388 M in daily ETF flows, totaling over $46 B+ in cumulative inflows—highlighting strong underlying appetite .
Derivatives Warning: Despite steady spot prices, derivatives markets are sending caution signals—funding rates are elevated, hinting at cautious/leverage behavior .