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- 🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
🆘 #Gate 2025 Semi-Year Community Gala# | Square Content Creator TOP 10
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1️⃣ #Show My Alpha Points# | Share your Alpha points & gains
Post your - 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
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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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1. Post your original creation (image / video / hand-drawn art / digital work, etc.) on Gate Square, incorporating Gate’s brand blue or the Gate logo.
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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)
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Dare to trade. Dare to win.
The price trend of Ethereum is currently in a critical tug-of-war phase. At present, a solid support line has formed around $3980, akin to the foundation of a city. This price level has attracted numerous investors, either believing that this price has investment value and choosing to enter the market, or previous buyers unwilling to bear losses and holding their ground. This collective psychology has constructed a strong defense line; if breached, market sentiment may quickly turn pessimistic.
Meanwhile, the range of 4450 to 4550 USD has become an important resistance above. This area is like being filled with high-pressure landmines, where most investors are either trapped or preparing to take profits, resulting in significant selling pressure once the price reaches it.
In the range of 3900 to 4000 USD, it seems that an invisible hand is supporting the market. Looking back at the sharp drop last Wednesday, when the price touched 4015 USD, it was immediately boosted by a large number of buy orders, vividly demonstrating the power of this 'safety net.' However, if this range is lost, the short-term trend may turn downward, and the next support level will shift down to 3800 USD.
To break through the resistance zone of 4450 to 4550 USD, relying solely on retail investors is far from enough. At least two conditions must be met: first, the Bitcoin market must remain stable; second, whale-level investors or institutional funds need to lead the charge, while trading volume must significantly increase. Without sufficient trading volume to support it, a reckless attempt to break through will only be futile.
Overall, Ethereum's current price trend is at a delicate balance point. Investors are closely watching this tug-of-war between support and resistance, the outcome of which will determine the direction of Ethereum in the short term. Whether it breaks out or declines could trigger a violent reaction in the market. In this uncertain market environment, rational analysis and cautious decision-making are particularly important.