📰 Gate Square Daily | August 6
Today’s top stories are here.
So, what’s next for the market?
👇 Visit Gate Square and see what everyone is talking about.

【$ETH Signal】Long + 1H buying strengthened/negative funding rate short squeeze
$ETH 1H buying suddenly strengthened, with a buy ratio of 0.60, and the price rebounded from 1894 to 1904. The 4H MACD bullish histogram is shrinking, while the 1H MACD bearish histogram is expanding, with bulls and bears briefly in a tug-of-war. The funding rate is -0.0038%, shorts are still paying, and OI is stable, so a rebound could easily trigger short covering. Order book depth imbalance is -53%, with selling pressure concentrated, but bids below are also building rapidly.
🎯 Direction: Long
⚡ Entry/limit or

#WTICrudeDropsTo75
WTI Tests $75 as Geopolitical Premium Continues to Unwind
West Texas Intermediate has dropped to $75 a barrel. Its level since July 13. And ended the day down more than 4%. Brent also moved below $80. Over the two sessions both benchmarks have fallen more than 10%. The reason is a change in the assessment of supply risk after good signs from U.S.-Iran discussions suggested the Strait of Hormuz might open and release oil that is now stuck in the Persian Gulf.
Chart Structure on the 4-Hour Timeframe
The Gate CLUSDT chart shows a breakdown. Price has moved from the low-90s int

JUST IN: Zcash will hold an approximately 18-day token holder vote starting Aug 25 to decide the NU7 upgrade scope, with a 1 million ZEC participation threshold in the Ironwood network. $ZEC

BNB's rally was relatively strong, so last night's pullback was also significant. Today, focus on the key 4-hour level at 597.
If the 4-hour candle closes above 597, this pullback is over. If the 4-hour candle fails to reclaim 597, the market will remain weak and continue to move lower.
For long positions, watch 589-582 below.
For short positions, watch 605-618 above.$BNB ‌#美国部分解除伊朗制

$BTC ‌
Gate Strengthens Transparency with 115% Reserve Ratio and 132.73% BTC Backing
Gate continues to reinforce confidence in the digital asset industry through its latest Proof of Reserves update, demonstrating that customer assets remain backed well above 100%. The newest report highlights an overall reserve ratio of 115%, reflecting the platform's continued commitment to maintaining excess reserves while promoting transparency across its ecosystem.
Strong Reserve Coverage Across Key Assets
The latest figures reveal a healthy reserve position designed to provide an additional layer of secu

#Cys $Cys need to hold 0.72$ and 1.25$ next

#BLESS I was just trying out Ant Vault—I didn't check it for three hours, and you pull this on me.

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#Web3
Web3 Security in 2026: The Biggest Threat Isn't the Blockchain It's Your Security Habits
As Web3 adoption accelerates, so do the tactics used by cybercriminals. In 2026, crypto security is no longer just about protecting private keys it's about defending against AI-powered phishing, compromised devices, supply-chain attacks, fake wallet apps, and increasingly sophisticated social engineering campaigns.
The biggest lesson this year is clear: most crypto losses are no longer caused by smart-contract exploits. Instead, attackers are targeting users directly through operational security wea

hft failed to push higher and dropped back to 0.0171.
Earlier I said it would most likely reach 0.02, but I got it wrong this time. It hovered around 0.0184 for ages without moving up at all, then dropped straight back down.
The damn market maker’s intention is pretty clear: it has no plans to keep pushing; it’s just leaving the price there for people to buy in on their own.
0.016 was a level it was at earlier today, so dropping back there would be a normal retest. If it really breaks below it, today’s move will have been for nothing.
Those looking to get in should wait until it drops to a pro

SOFT BREAKING: KOSPI drops ~5% intraday as SK Hynix and Samsung Electronics lead losses. Watch for ripple effects into tech-cap equities and risk sentiment in broader markets. $KRW? (No ticker for index)

#GoldSurgesPast4300
🚨 #GoldTo5000?
Gold isn't just rallying—it's sending a powerful message to global markets.
As confidence in aggressive rate hikes fades, capital is flowing back into one of history's most trusted safe-haven assets. A weaker U.S. dollar, falling Treasury yields, persistent geopolitical uncertainty, and strong central bank buying are creating the kind of environment where gold has historically delivered its biggest moves.
📈 What happens next?
🔥 If bulls reclaim and hold above the key resistance zone, momentum could rapidly accelerate toward fresh all-time highs, with $4,3

🚀 $US – Riding a strong uptrend
🟢 US LONG
🎯 Entry: 0.054566 – 0.054730
🛑 Stop Loss: 0.052956
🎯 TP: 0.056340 - 0.058032 - 0.059724

Our grandparents had real estate
Our parents had gold
We have bitcoin

Crypto ETF AUM is down 50% since the 10/10 crash
from $237B to just $112B
[Data: @Blockworks]

$BOME /USDT – "Accumulation – Long Setup"
Trading Plan Long $BOME
Entry: 0.000590 – 0.000595
SL: 0.000580
TP1: 0.000614
TP2: 0.000625
BOME is in a mild bullish trend with higher lows forming. Strong support at 0.000581 and strong resistance at 0.000614. AI Score 56/100 with 40% confidence – moderate risk. Momentum is 60/100 with weak volume. A break above 0.000595 could trigger a run toward resistance. SL below support at 0.000580.

Elon Musk’s little puppy puppies has exploded! Welcome, brothers, to join us in building consensus and promoting the next shitcoin!
#小奶狗Puppies
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