8.25 Midday Bitcoin and Ethereum Market Analysis Last night, Bitcoin bulls rebounded on heavy volume. Although the 80,000 level was not fully broken at the time, the price still reached the resistance at that level. The pullback and recovery in the early morning was clearly limited in strength and did not break below the 78,000 support. Then this morning, the bulls again pushed higher on heavy volume, breaking through 80,000 in one move and setting a new high at 81,270. Ethereum, by contrast, saw a weaker rebound. The early-morning retest was also substantial, but it did not break below 2,450. Although this morning’s rebound was accompanied by increased volume, it still lacked enough momentum to break through the resistance around 2,550. Following this morning’s rebound and breakout, the Bollinger Bands on Bitcoin’s 4-hour chart shifted from contraction to upward expansion again, which is conducive to opening up further upside. We previously expected Bitcoin’s targets to climb step by step, and the target of breaking above 80,000 has now been initially achieved. Next, we will continue to remain bullish with the trend. Short-term bullish momentum is currently weakening, so at midday we will first watch for support and stabilization around 80,000, or see whether volume can directly increase again to break through 81,000, followed by right-side entry around 81,600. Ethereum is still facing the 2,550 level. Short-term bullish momentum is not strong, so we will tentatively focus on around 2,530, with room for flexible adjustments. $BTC #BTC突破81000美元 $ETH

🚨The U.S. Treasury is scheduled for potential updates or operations today around 2:00 PM ET. Recent actions have included increases to liquidity support buyback sizes for longer-dated securities (now at least $4 billion per operation in certain sectors). These remain routine measures for market liquidity, not a large-scale quantitative easing program or a confirmed $100 billion emergency buyback. Markets will monitor any official statements closely. What’s your view on the potential impact? $BTC ‌$ETH ‌#BTCBreaks80k

Depositors' wallets are speaking. In the reserve report just disclosed by Gate, user assets in the four major stablecoins—USDT, USDC, USD1, and GUSD—jumped from $1.34B in the previous period to $1.58B, while the platform's corresponding reserves rose from $1.59 billion to $1.76B, with a combined reserve ratio of 111.63%—the fact that stablecoin user assets grew by $242 million in the short term shows that funds are voting with their feet and moving into Gate. This is the most straightforward signal in the entire report card: users are continuing to deposit funds, demonstrating strong confidence in the platform. Gate's total reserves have risen to $8.22B, with an overall reserve coverage ratio of 127%, firmly above the industry's 100% safety benchmark. What the 127% figure means is that for every $100 users deposit, Gate actually holds $127 in assets on its books as a backstop. That extra 27% is a genuine excess safety margin. BTC user assets grew from 21,557 to 22,436 in the previous period, while the platform's own reserve holdings also increased from 26,775 to 27,550, with an excess reserve ratio of 22.79%. ETH followed the same trajectory: user assets grew from 374,348 in the previous period to 375,429, while the platform's reserve holdings increased from 456,798 to 458,203, with an excess reserve ratio of 22.05%. BTC and ETH both showed the pattern of "increased user assets + synchronized growth in platform reserves + an excess ratio remaining above 22%." This carries significant weight—it means Gate is not padding the figures by reallocating its own coins, but is genuinely holding more of the corresponding assets on-chain. Maintaining coverage of more than 1.22x for major hard assets such as BTC and ETH is the most reassuring part of the entire reserve structure. Gate's total reserves have risen from $4.3 billion at the beginning of the year to the current level of $8.22B, while its overall reserve ratio has surged from 115.47% earlier on to the current 127%. For the platform, this ongoing excess-reserve strategy is equivalent to leaving itself a sufficient cushion. When markets are highly volatile, liquidity crunches are what many platforms fear most, but with 127% reserve coverage in hand, responding to them becomes much easier. This is not a strategy for boosting short-term figures, but the underlying support for long-term, steady operations. For users, this means their assets have received genuine protection. In a period when users are broadly wary of centralized platforms, the return of funds is itself the strongest vote. 👉 View the full report: https://gate.com/announcements/article/101298/?ref=VgJCUQ ‍$BTC $ETH $GT