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- 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
📍 Follow Gate_Square, vote and drop your reason.
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CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
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📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ - 💙 Gate Square #Gate Blue Challenge# 💙
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📅 Event Period
August 11 – 20, 2025
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3. Add a short blessing or message for Gate in your content (e.g., “Wishing Gate Exchange continued success — may the blue shine forever!”).
4. Submissions must be original and comply with community guidelines. Plagiarism or re - 🎉 The #CandyDrop Futures Challenge# is live — join now to share a 6 BTC prize pool!
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📅 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.
• BTC trend: From a technical perspective, the weekly MACD indicator has turned bullish, suggesting that stronger buying momentum may emerge in the future. Trader James Wy believes that BTC has formed a strong psychological support around 100,000, with a large number of limit orders in the range of 97,000 to 99,000. Market participants have strong confidence in this price level, and the current price adjustment may be aimed at cleansing overly optimistic investors, after which a new rise is expected. Additionally, 21Shares analysis suggests that Bitcoin is on the verge of a breakout, driven by institutional capital inflows and supply tightening. If market sentiment continues to improve, BTC is expected to rise to 118,000 next week.
• Altcoin Trends: The current total market capitalization of altcoins is approximately $1.16 trillion, in a sideways consolidation state, fluctuating between $1.01 trillion and $1.26 trillion. The "Altcoin Season Index" is at 29, still within the "Bitcoin Dominance Period," but there are signs that the altcoin season is about to gain momentum. Top crypto analyst Michael van de Poppe indicates that the altcoin season index tends to bottom out around June each year, often heralding the launch of altcoins. As expectations for the macro environment gradually loosen in the future, funds may continue to flow back into the altcoin market, and some altcoins are expected to see significant rises.
The above content is compiled based on publicly available information and does not constitute investment advice. The cryptocurrency market is highly volatile, and investment risks are high; investors should make cautious decisions.