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- 📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
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🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
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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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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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Dare to trade. Dare to win.
#BTC# Looking back at today's market, BTC reached around 117400 near yesterday's highest point, while yesterday's lowest point also came to around 115400. The market fluctuation yesterday also hit a drop of 3000 points, and our trading record gained over 2800 points of space. Ether, on the other hand, was particularly spectacular, showing a ladder-like upward trajectory in the morning. Although it experienced a market pullback causing it to oscillate within the range, the highlight was the successful breakthrough of the 4000 mark in the evening, reaching around 4012. Although it did not hold above the integer level of 4000, this also indicates that breaking through and holding above the integer threshold is just around the corner. The sudden surge of Ether also makes it clear to us that opportunities exist, but they may not belong to you, and you need to think about what you can rely on to seize them firmly.
From the daily perspective of BTC, the optimistic trend for the rise lies in the fact that after the battle between bulls and bears yesterday, the price has stabilized above the key moving averages, with bullish volume continuously accumulating. The daily dimension suggests that the price has further upward space for expansion. Ether's performance on the daily chart has benefited from breaking through the integer barrier yesterday, reaching the most ideal price level this year. The moving averages are expected to push the price to break new highs again, opening up a new upward range. In the hourly chart, BTC's price rebounds relying on the moving averages, and the previous pullback did not break the key support, allowing bullish forces to exert strength again, with the price expected to continue rising along the moving averages. As for Ether, the hourly range is hovering around 3970, where bullish strength has taken a dominant position, showing a good momentum of consecutive bullish days, waiting for the dominant force to burst forth again and strongly return to the integer peak.
BTC is above 116,000, looking at around 117,500. Ether is above 3,950, looking at around 4,010. #eth#