#KIMIPreIPOsNowOpen
Kimi Pre-IPO is getting attention, but I think the interesting part is not simply “another AI company may go public.”
The more interesting question is: what is the market actually pricing when it values Moonshot AI at tens of billions of dollars before an IPO?
According to recent reports, Moonshot AI, the company behind Kimi, is preparing for another private financing round that could target a valuation of around $50 billion. Gate News reported that the company was working through a financing round at a reported $31.5B pre-money valuation, with a potential final private rou

DefiLlama has a table of the top 20 protocols by revenue.
The categories highlighted in green are stablecoin-related. Of course, a large portion of stablecoin revenue has to be shared with partners, which is not reflected here.
More noteworthy are those highlighted in yellow, all of which are Meme-related: half are launchpads and half are trading apps.
I now think it is definitely wrong to view Meme as the savior of crypto, but dismissing it entirely as a scourge is also too one-sided.
Meme is actually a very special trading category in crypto. It can monetize attention and influence, has rela

📰 Gate Plaza Daily | August 12
There is so much market information—what is truly worth paying attention to? 👀
Today’s hot topics, market changes, and market trends—all in one image for a quick overview 📊
After reading the news, what matters more is determining the next step—
What opportunities are emerging?
Which hot topic may continue to gain momentum?
👇 Come to Gate Plaza to see how everyone is assessing the market, and share your own market views.

On August 12, 2026, ETH futures continued to trade weakly in a range, with prices hovering near the lows of the $1,850-$1,890 range. The market is highly focused on tonight’s U.S. July CPI data, which could become a key catalyst for breaking the recent deadlock.
📊 Key Battleground Levels
· Current price: approximately $1,874-$1,884. After a sharp pullback from the high of $1,937, the price bottomed and rebounded near $1,852, showing a sideways recovery after the plunge.
· Upside resistance (rebound ceiling): $1,880-$1,890 is the first short-term resistance zone; the core resistance band is $1

$MUU LONG SETUP — I’m interested, but only if the pullback gives me the entry I want.
Looking at the 30m chart, $MUU has actually built a pretty decent short-term recovery structure. The important part for me isn’t the +3.39% shown on the screen. It’s what happened underneath that move.
Price first dropped toward 24.66, found buyers, started making higher lows, reclaimed the 25.90–26.00 area, and then accelerated toward 27.21. That tells me buyers have been willing to step in at increasingly higher prices.
But there’s one problem with buying at 26.86 right now: 27.21 is sitting directly above

Selling pressure is easing, but it has not fallen as much as the previous month's lows.
#Bitcoin #crypto

The BTC long-short battle is heating up. Today, multiple traders opened large BTC positions with high leverage: four shorts collectively shorted 3,895 BTC ($249.4 million), with liquidation prices of $64,600.83, $66,281.28, $66,305.03, and $66,545.09, respectively; two longs collectively went long 1,547 BTC ($99.08 million), with liquidation prices of $61,200.15 and $61,831.74, respectively.

#BigShortBurryBearsAI
Burry’s AI Warning: The Real Risk May Be Financing, Not Chips
Michael Burry is once again challenging the strongest narrative in the market: that explosive AI spending automatically means equally explosive, sustainable demand for semiconductor companies.
His latest bearish positioning reportedly extends across Nvidia, Palantir, Oracle and the SOXX semiconductor ETF, while his Tesla short remains. The bigger argument, however, is not simply that AI stocks are expensive. Burry is questioning how much of the current AI demand is being supported by financing structures rathe

Top 4 is not the finish line—is Gate gearing up to raise the stakes on the exchange “overachiever rankings”?
Gate has ranked among the global Top 4 across multiple trading metrics, but the biggest takeaway is not the words “fourth place”; rather, it is that the platform is showing a trend toward comprehensive development. Today’s crypto trading market is no longer an era when simply launching a website and listing a few coins could easily attract users. Users are increasingly concerned about market depth, liquidity, trading speed, product coverage, and asset security.
Why do trading metrics ma

Two whales are deploying TWAP buys for ETH, targeting 25,000 ETH in total; ~10,100 ETH already filled as they flip to bullish on fresh long exposure. $ETH

$LA Upside is Programmed
U all Getting the best Entry Here
Easy 0.070$+ soon

【$ETH Signal】 Short opportunity + 1H momentum fading / 4H bearish suppression
$ETH The 1H rebound touched the upper Bollinger Band, but buying volume failed to follow. The 4H MACD's negative value has narrowed but has not turned bullish, and the bearish structure remains intact. Order book depth imbalance is -9.65%, with clear selling pressure. The 1H RSI is 57.8, showing no overbought conditions but signs of a stalled rise. The funding rate is 0.01%, indicating a calm long-short battle. The short-term short trade has a risk-reward ratio of 1.5, making it worth considering.
🎯 Direction: 【Sh

Micron price level update: $MU (hourly timeframe)
If Micron holds above around 884 on the one-hour timeframe, consider going long, targeting a breakout above the key resistance level at 886 📈
The possibility of a pullback here is very low because the hourly pullback candle has fully recovered. If it closes directly as a bullish candle, it will most likely rise and break out
After the one-hour candle closes bullish, I will enter a long position after a slight pullback and wait for the breakout

At the start of a trading challenge, don’t rush to show off—first see who can make it to the end
A stock trading challenge may look like a competition over returns, but in reality, it is more like a “test of human endurance.” When the market rises, everyone feels like they have been possessed by Buffett; when the market corrects, they realize that the profits in their accounts were merely happiness borrowed from the market. What is truly worth sharing should not just be how much money was made, but why the purchase was made, how risk was controlled, and how mistakes were handled.
The most impo

$SHTECH /USDT Perp – "Rejection at Highs – Short"**
**Trading Plan Short $SHTECH
Entry: 41.10 – 41.20
SL: 41.50
TP1: 40.80
TP2: 40.40
SHTECH is down -0.49% at 40.98. The pump to 41.75 was rejected. Price has fallen below the EMA5 (41.19). MACD is flatlining negative. The 41.67 yellow line is resistance. TP at the 40.67 support.

$BTC #Btc Bitcoin is currently stuck in a range and remains weak below the key horizontal resistance and descending trendline. A downside breakout could lead to a retest of $59,000–$60,000, while an upside breakout could trigger a bullish recovery toward $70,000. For now, we are not anticipating any direction. Until the range breaks, staying patient and avoiding unnecessary trades makes more sense.

#TSMCRevenueHitsRecordHigh
TSMC reaching record high revenue is another major signal that global demand for advanced semiconductors remains strong. The company sits at the center of the AI, high performance computing, smartphone and data center supply chain, making its revenue growth an important indicator for the broader technology sector.
The biggest driver remains AI infrastructure. Demand for advanced chips continues to expand as technology companies invest heavily in AI servers, accelerators and next generation computing systems. Strong orders for leading edge manufacturing capacity can