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A high school student sold obscene videos in a transaction amounting to RMB 6.08. He was sentenced to five years in prison.
Why was the sentence so severe? One cloud-drive account contained 593 obscene videos. Regardless of how much you sold them for, having more than 500 hundred videos constitutes “particularly serious circumstances.”
The court exercised discretion to halve the sentence because the defendant was under 18; if he had been 18 or older, he would definitely have been sentenced to ten years in prison.
Serving five years in prison for 6 yuan is really not worth it.
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📈 Gate Global Stock Futures Challenge Is Live (https://www.gate.com/share/BESTDEAL)
Trade popular U.S., Hong Kong, and Korean stock futures to progressively unlock stock rewards featuring NVIDIA, Tesla, SK Hynix, and more.
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Trade to unlock stocks, then c
NVDA3.04%
TSLA-1.60%
SKHY3.89%
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Long gold above 4,370: reducing the position while trading the move, currently up 10 points, and betting on the trend continuing to around 4,420.
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ThisIsTranslateContent:ToJing:
How do you...
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[ NEW Streamer ] Today Market Talk
gate liveLIVE
1,171
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🎉 Gate’s global user base surpasses 59 million!
Just one step closer to the 60 million user milestone. 🚀
Since its founding in 2013, Gate has continued expanding its global multi-asset trading ecosystem:
🔹 59 million+ global users
🔹 Supports 4,900+ crypto assets
🔹 Covers 12,500+ stock assets
🔹 Spot trading volume and liquidity consistently rank among the top globally
🔹 Total reserve ratio of 117%, covering nearly 500 types of user assets
🔹 Diversified asset offerings including crypto assets, stocks, metals, indices, forex, commodities, and more
From the first user to today’s 59M+
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Venüs_:
LFG 🔥
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ETH-USDT Market Forecast for Today (with Direction + Price Levels)
Current price is around 1890 USDT, and ETH’s movement is completely linked to BTC. Awaiting the CPI data release, volatility will be amplified.
Key Levels
• Short-term support: 1860-1870; a valid break below with the candle body targets 1820-1830
• Bull-bear dividing resistance: 1925-1935; holding firmly above it with increased volume targets 1960-1975
Three Scenarios + Directions
1️⃣ CPI below expectations (bullish)|Direction: bullish rebound📈
Trigger: BTC strengthens and ETH holds firmly above 1935 with increased volume.
Pro
ETH-1.39%
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Evening Market News Summary

The US released CPI data on Wednesday, reflecting the continued presence of underlying domestic price pressures. Affected by the news, Bitcoin saw significant price volatility.

From a market perspective, persistently elevated inflation indicators make it difficult to see any clear signs of relief in the short term, directly weakening market optimism about the Federal Reserve beginning to cut interest rates. Sticky core prices suggest that the Fed’s monetary policy will likely remain relatively tight. A prolonged high-interest-rate environment will continue to su
BTC-0.73%
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#StockTradingShareChallenge
Navigating the 2026 Volatility Regime Requires a Fundamental Pivot from Momentum Chasing to Structural Resilience. The current market environment has decisively shifted from the low-volatility grind of previous years into a regime where crisis-level swings are becoming the new normal, demanding that traders abandon reactive momentum strategies in favor of deep fundamental analysis and rigorous risk management. As we move through the second half of 2026, the interplay between persistent inflation concerns, geopolitical energy shocks, and evolving interest rate expec
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#Fedwatch The probability of rates staying unchanged at year-end has risen from 10.7% a month ago to 29%. Trading is mainly driven by speculation on the trend, and expectations continue to rise. US stocks and Bitcoin still have momentum, so continue accumulating at low levels, such as Tesla + Bitcoin. Hold on to your core positions in other promising assets and look forward to taking off at year-end.
BTC-0.73%
TSLA-1.60%
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BTC Market And ETH Market Updates
gate liveLIVE
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AngryBird:
2026 GOGOGO 👊
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#10年期国债收益率再跌破1.7% Market Divergence Widens, Short-Term Trading Enters a Wait-and-See Phase
As the 10-year government bond yield broke through the key 1.7% level, the market's bullish-bearish divergence rapidly widened, institutions generally slowed their trading pace, and the bond market officially entered a wait-and-see phase, making short-term trend-driven moves more difficult.
Bosera Funds analyzed that month-end liquidity in July was loose and expectations for easing policies strengthened, driving a rapid compression in ultra-long-end spreads and pushing the 10-year government bond yield b
CHCUSD-0.25%
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Venüs_:
2026 GOGOGO 👊
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Short-term short on the Nasdaq, target achieved #NAS100
NAS1000.18%
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$ALLO SHORT
Entry: 0.28981 – 0.29031
Stop Loss: 0.29586
TP: 0.28426 - 0.27846 - 0.27266
ALLO-6.88%
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🤑Gate X Cash-In Thursday Event
🪙Reward 10$ Position Voucher
🔥FCFS 5k Eligible User
➡️Event Scaner: https://www.gate.com/campaigns/5859?ref=NEWGIFTS&ref_type=132&utm_cmp=7g7266mc
- Join & Register on Event
- Get Instant 10$ Voucher
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- Done
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Towhid23:
LFG 🔥
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$HOME — BULLISH STRUCTURE BUT BREAKOUT UNCONFIRMED!
$HOME ‌is in an uptrend with bullish structure. Support at $0.009791, resistance at $0.011198. Momentum is at 64/100, moderate. Volume is weak, and breakout is unconfirmed.
What I'm watching: If price breaks above $0.011198 with volume, the next target is $0.0118, then $0.0125. If it rejects, a drop to $0.0102 is likely. The RSI is likely neutral given the momentum reading. I'd wait for a clear breakout or breakdown before committing.
#GateLaunchpool141MDOS
HOME14.87%
HOME14.84%
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TimeFrameTrader:
The analysis is very sound. I’m in no rush anyway—I’ll wait until the direction is clear before jumping in, to avoid getting whipsawed.
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Everyone join this Event
Rewards are being distributed! Open your mystery box now and win up to 100 USDT worth of tokens! https://www.gate.com/referral/earn-together/invite/VLRHVGPAVQ?ref=VLRHVGPAVQ&ref_type=103&utm_cmp=rXJBDjtJ&activity_id=1785938037929
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Rewards are being distributed now! Open the surprise box now and win tokens worth up to 100 USDT!
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Cao Cao was probably the leading stock of the Three Kingdoms period.
Cao Cao’s life was very much like a super-cap stock. It started its move in 184, secured its position in 192, upgraded its narrative in 196, confirmed its main upward leg with the Battle of Guandu in 200, suffered a major shakeout at elevated levels at Red Cliffs in 208, and hit new highs again in 216. Along the way, there were pullbacks, shakeouts, and divergences, as well as repeated recoveries and renewed strength. What is truly worth studying is not merely how many times he won, but more importantly: why was he able to ri
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Breakfast northbound hit the 640 level at its highest, while Ergouzi closed the loop at the 1900 mark! $BTC $ETH
BTC-0.73%
ETH-1.43%
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Perfect Storm Index™ 13 Aug 2026
Today’s PSI: 58/100 🟠
Risk Environment: Elevated
Bias: Risk-Off / Cautious
Risk has eased fractionally from yesterday’s 59, but the backdrop remains uncomfortable.
✅ VIX and credit stress remain subdued
✅ Inflation/Fed pressure has improved slightly
⚠️ US yields remain elevated
⚠️ Oil and geopolitical risk remain firm
⚠️ #Bitcoin trend and Elliott Wave structure still favour caution
The key point: we are not in a full “Perfect Storm”, but conditions remain vulnerable to deterioration.
A simultaneous rise in DXY, yields, oil and volatility would push PSI quick
PSI5.50%
BTC-0.73%
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