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Gold
One platform for global traditional assets
Options
Hot
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Demo Trading
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CFD
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SK Hynix
Real Korean stocks and top assets
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GUSD
3.8%
Mint GUSD for Treasury RWA yields
Stocks Activities
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Launch
CandyDrop
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Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
IPO Access
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Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
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Gate Skills Hub
10K+ Skills
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CoinJieNet news: Ethereum (ETH) weakened for the second consecutive trading day, forming a bearish rounded top pattern and facing the threat of a drop to $1,650. ETH is currently trading at about $1,737, down nearly 2% over the past 24 hours. A transfer of approximately $26.9 million worth of Ethereum to a centralized exchange triggered fresh profit-taking. Geopolitical tensions have intensified, with oil prices rising due to U.S. military action against Iran’s energy infrastructure, further heightening inflation concerns. Despite the broad weakening of risk assets, U.S. spot Ethereum ETFs have recorded net inflows for four consecutive days, indicating an improvement in institutional demand. Analyst Rain noted that Ethereum’s recent rise was mainly driven by spot buying rather than leveraged speculation.