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- 🚀 Gate Square Newbie Village · Episode 1 ✖️ @Ryakpanda Community
Let’s cheer on crypto beginners together!
📚 Learn trading tips ｜ 🎯 Unlock newbie perks ｜ 🤝 Grow with the community
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2️⃣ Post on Gate Square with the hashtag #GateNewbieVillage#
3️⃣ Share your trading insights or newbie experiences
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3 lucky winners → Gate X RedBull Tumbler + $20 Futures Trial Voucher
If merchandise cannot be shipped, it will be replaced with a $30 Futures Voucher
✨ You’re not alone—join #GateNewbieVillage# today! - 🌕 Gate Square · Creator Incentive Program Day 8 Topic– #XRP ETF Goes Live# !
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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas, - 🚀 Gate $PUMP Futures Trading Challenge is Now Live!
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📈 ETH breaks through $4500! Bull run momentum is strong, where to look next? 📈
The current ETH price has reached $4539, with a 24-hour increase of over 3%, and bullish sentiment continues to rise! Here are the key points analysis:
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🔥 Current Market Highlights
1. Strong Breakout: ETH successfully broke through the $4500 key resistance level and stabilized above the 100-hour moving average, with a short-term bullish trend.
2. Active trading volume: The 24-hour trading volume reached $39.34 billion, market liquidity is sufficient, and institutional funds continue to flow in.
3. Target resistance level: If it stabilizes at $4550**, the next target looks at **$4580-$4650**, or even challenge **$4800.
4. Strong Support: The support below is at $4470** (trendline support) and **$4450. If it breaks, it may test $4400.
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📊 Market Dynamics
· Institutional drive: ETH ETF saw an inflow of $172 million in a single day, coupled with expectations of Federal Reserve interest rate cuts, leading to an increase in risk asset appetite.
· Impact of options expiry: On September 12, there are $850 million ** ETH options expiring, with a maximum pain point of **$4400, which may trigger short-term volatility.
· Shanzhai season outbreak: The shanzhai coin season index rises to 65/100, with funds rotating from BTC to ETH and other altcoins.
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⚠️ Risk Warning
· Short-term volatility intensifies, and caution is needed for the pullback risk at the $4550 resistance zone.
· Imbalance in leveraged liquidation has led to a 5,855% long liquidation; it is essential to control risk.
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💎 Operation Suggestions
· Bull strategy: If it holds above $4550, can enter long positions, target **$4650-$4800.
· Conservative strategy: Buy on dips in the support range of $4470-$4450.
· Stop-loss setting: Be cautious with stop-loss if it falls below $4400.
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🚀 Summary: ETH breaks through key resistance, the bull run pattern is clear, but attention should be paid to option expirations and macro data fluctuations. Hold your positions steady, manage your risks well, and look forward to new highs!
#ETH # Ethereum #加密货币 # market analysis #Gate dynamics
For reference only, investment should be cautious.