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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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📅 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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📅 Event Period
August 11 – 20, 2025
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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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👉 Event Link: https://www.gate.com/candy-drop/detail/BTC-98
Dare to trade. Dare to win.
🚀 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.
🎁 4 winners split $100 Futures Voucher!
👆👆👆👆👆
Before 4000, many people were waiting, afraid of being trapped, now that it has broken through, those who were tied up have run away, and those who were observing will also want to chase.
Institutions and ETFs, these big funds, generally only play with BTC and ETH, 4000 is their signal to increase the position.
Once ETH leads the rise, its brothers (L2 and ecosystem coins) are likely to ride the coattails and rise, altcoins may welcome a wave of following up.
With the macro background coinciding with expectations of interest rate cuts, risk assets are all moving up, at this point ETH is easier to be pushed up.
Now is the stage where the starting gun has fired, and the race track begins to accelerate. The real climax hasn't arrived yet, but the starting line has already been crossed.
The RSI is close to 70, indicating strong buying in the short term, but caution is needed for overbought adjustments; the MACD maintains a golden cross, with stable long positions momentum;
The short, medium, and long-term moving averages have formed a "golden cross," indicating a clear trend; trading volume is expanding simultaneously, making the market active.
The open interest in the futures market is approaching $60 billion, reflecting high capital activity.