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- 🍁 Golden Autumn, Big Prizes Await!
Gate Square Growth Points Lucky Draw Carnival Round 1️⃣ 3️⃣ Is Now Live!
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Details: ht - 💥 Gate Square Event: #Post0GWinUSDT# 💥
Post original content on Gate Square related to 0G or the ongoing campaigns (Earn, CandyDrop, or Contract Trading Competition) for a chance to share 200 USDT rewards!
📅 Event Period: Sept 25, 2025, 18:00 – Oct 2, 2025, 16:00 UTC
📌 Related Campaigns:
Earn: Enjoy stable earnings
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If merchandise cannot be shipped, it will be replaced with a $30 Futures - 🚗 #GateSquareCommunityChallenge# Round 2 — Which coin is not listed on Gate Launchpad❓
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1️⃣ Follow Gate_Square
2️⃣ Like this post
3️⃣ Comment with your answer
🗓️ Deadline: October 8, 2025, 24:00 (UTC+8) - 🥊 You’ve entered the Trading PK Arena, matching your opponent now...
One click to place an order and jump into the battle! Who will climb the leaderboard and claim the 👑?
Gate’s brand-new Indicators Radar feature is live! Here you can:
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📌 Note: This feature is available only on app version 7.20.5 or above.
August 23 Market Daily Report
1. Ethereum: Refreshing Historical Highs
(1) Price Performance
- Yesterday it fluctuated in the $4200 range, today it rose to a maximum of $4887, setting a new historical high.
- Market capitalization of approximately 500 billion USD, with a rise of 20% in just a few hours.
(2) Driving Factors
Federal Reserve Chairman Powell released dovish signals in his speech at Jackson Hole, with the market expecting a more than 90% probability of a 25 basis point rate cut next month, becoming a direct driver of the price surge.
(3) Market Analysis
- The characteristics of the main force controlling the market are significant, and the selling pressure before 4800 points has basically been digested.
- The ETH/BTC exchange rate has doubled from the relative bottom, and large-scale selling conditions are not yet met.
(4) Subsequent Judgment
- Although it has not yet truly broken through the 4800-point resistance level (which is both the historical high and the level at which last week's breakout failed), there is a possibility of a pullback and consolidation.
- However, the main players have a strong say in the price, and the probability of a subsequent breakthrough is high.