COTI market is currently in a clear downtrend. Technical indicators show strong bearish signals, such as bearish engulfing and dark cloud cover patterns, suggesting a shift in market sentiment.
Despite the relatively high volatility, the significant decline in trading volume indicates that any price rise lacks buyer support, further intensifying bearish market sentiment. Therefore, in the short term, COTI may continue to face pressure, and the effectiveness of support levels should be closely monitored.

📰 Gate Plaza Daily｜July 29
What hot topics are worth watching today?
First read the daily roundup, then come to Gate Plaza to discuss the market and share your viewpoints.
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Whale alert: $SKHX shorts piling up as price slides, with 0xEbE1 up over $10M and $1.23M in funding fees earned. 🚨 If the trend persists, watch for continued short pressure and potential liquidity hits. $SKHX

【$UB Signal】Go long | 1H MACD expansion + Bollinger Bands opening
$UB The 1H MACD histogram continues to expand as buy-side capital actively pushes up prices. RSI 71, not yet in the overbought zone. The 4H Bollinger Bands open upward, with price moving along the mid-band.
🎯 Direction: Go long
⚡ Entry/limit order: 0.1434085 - 0.1438400
🛑 Stop loss: 0.1424016
🚀 Target 1: 0.1459976
🚀 Target 2: 0.1470764
🛡️ Trade management:
- Execution strategy: After reaching Target 1, reduce 50%, and move the stop loss up to breakeven. If price falls back to the entry area, exit automatically to protect

BREAKING: South Korea’s KOSPI sinks 8.73% to break below 5,500, with SK Hynix down over 14% and Samsung Electronics off ~9%. Implication: tech-heavy drawdown could weigh risk assets; watch sector flow for crypto correlations. $KOSPI

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$BTC It looks like a buy wall is starting to form at $62k...
If this continues to build in size, it could be a great spot to enter longs and target a small reversal before a continuation lower.
However, due to the recent buying pressure around $63k, it's going to take a lot of selling pressure to break this level.

As of July 29, the bullish $66,000 scenario accounts for 44%, the bearish $62,000 scenario accounts for 41%, and their expectations are highly close; the bearish $60,000 scenario is only 16%, the lowest-probability direction in market consensus. In the short term, bullish-bear disagreement is extremely high, with no one-sided expectations.

#MinnesotaPredictionMarketBanBlocked
Minnesota Prediction Market Ban Blocked: A Turning Point for Crypto Innovation, Blockchain Adoption, and the Future of Digital Prediction Markets
The decision to block the proposed prediction market ban in Minnesota has quickly become one of the most discussed regulatory developments in the digital asset industry.
Although the ruling applies to a single U.S. state, its significance extends far beyond state borders. The outcome highlights the ongoing debate over how innovative financial technologies should be regulated while allowing responsible innovation

If you only look at the final result, it’s easy to overlook the changes beforehand. When the price stays at a high level, it may look relatively stable on the surface, but each rebound becomes weaker and weaker. Details like this are often more worth paying attention to than a one-time rise or fall.
I placed short orders around 59.837, waiting for confirmation after the structure turned weaker—not guessing and betting on a direction too early. As the price dropped to 54.257, the key levels above gradually opened up, and the position received a relatively clear response.
This trade wasn’t compl

Coinbase is looking to expand its presence in Canada, but the company believes long-term growth depends on one key factor: clear and permanent crypto regulations.
According to Coinbase Canada's CEO, Eric Richmond, the company aims to evolve into an "everything exchange" by offering a wider range of digital asset services. Future plans include expanding into crypto derivatives, tokenized assets, and decentralized finance (DeFi).
However, Richmond emphasized that temporary regulatory exemptions are not enough to support innovation at scale. Instead, businesses need consistent rules that provide

🗓 Gate Daily Market News – July 29 (https://www.gate.com/share/BESTDEAL)
📈 Market Update
🔷BTC at $63,776, briefly retraced and tested below $63K (+0.82%)
🔷ETH at $1,907, after a brief retracement below $1,856 (+1.55%)
🪙 Project News
🔷Apple Touches $5T Cap for First Time
🔷Base Launches Identity Feature on Testnet
🔷Core Scientific Lands AMD AI Deal
🔷HyroTrader Launches On-Chain Prop Trading
🔷KOSPI Halts Trading After 8% Plunge
🔷NEAR Announces IronClaw 1.0 Launch
🔷SBI Expands Beyond Ripple With Canton Unit
🔷Sei Labs Outlines SIP-5 for Quantum Safety
🔷SK Hynix Q2 Revenue Triples but

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Unlike speculative trading, staking allows users to put idle assets to work. Instead o

Hynix has collapsed wildly—within a month it’s been cut in half. I guess many Korean players are choosing apartment projects.

Ethereum Network Activity Reaches New High as Blockchain Adoption Accelerates
Ethereum continues to strengthen its position as the world's leading smart contract blockchain, with network activity reaching impressive new levels. Increased transaction volume, expanding decentralized applications, and growing institutional interest demonstrate that Ethereum is evolving far beyond a simple cryptocurrency. The network has become the foundation for decentralized finance, tokenized assets, NFTs, and next-generation blockchain innovation.
One of the primary drivers behind Ethereum's growth is the rapi

【$BEAT Signal】1H MACD golden cross fading + 4H Bollinger upper band under pressure; short-term bulls await breakout confirmation
$BEAT MACD golden cross on 1H, but the histogram bar narrows, with weakening momentum; on 4H the Bollinger upper band 4.2386 still has room above the current price 3.44, but the 1H Bollinger upper band 3.5843 forms short-term resistance. In the order book, the buy-side depth ratio is 0.93, with sellers slightly stronger; funding rate is 0.005%, neutral. RSI on 1H is 60.07, not overbought. Currently trading in a narrow range of 3.42-3.44; bulls and bears are locked

$ZIL
Strong bullish breakout from the 0.00230 demand zone triggered aggressive buying, sending price to a local high near 0.00340 before profit-taking kicked in.
Current structure is still bullish as long as 0.00260-0.00265 holds. A healthy pullback after such an impulsive move is normal.
Key levels: 🟢 Support: 0.00260 / 0.00230 🎯 Resistance: 0.00290 → 0.00320 → 0.00340
If buyers reclaim 0.00290, another push toward the recent high becomes likely. Momentum remains with the bulls unless support breaks.
NFA. DYOR.