If Ethereum cannot break above 1905 in this move, this previous high can continue to be used to open shorts. If it drops and breaks the two key levels at 1900 and 1895, the bearish trend can basically be confirmed, firstly because we will see the 188880 range, this range. If this move can break above the previous high of 1905, the bullish trend will continue. Personally, based on the current situation, I may be more inclined toward the bullish side. If it breaks above, do not chase the long; wait for it to move up and retest the 1905 range before opening a long. $ETH #我的七夕交易分享 ‌ ‌

#GateDebutsMOUTAIAnd9OtherA-Shares Gate has officially expanded into another major part of traditional finance, launching perpetual contracts linked to 10 A-share companies on August 18, 2026. This is an important development because the launch is not about buying Chinese A-shares directly. Instead, Gate is offering USDT-settled perpetual contracts that allow eligible traders to take both long and short positions, with leverage of up to 20x. That distinction matters. These products are derivatives, not A-share spot investments. They are therefore designed more for short-term trading, directional strategies and hedging rather than traditional buy-and-hold investing. The initial 10 companies represent a broad selection of China’s economy: Kweichow Moutai China Shenhua Yangtze Power Hygon Information Midea Group BeiGene Hengrui Pharmaceuticals Biwin Storage Demingli Taiji Industry The sectors covered are equally interesting, ranging from consumer goods and energy to hydropower, semiconductors, home appliances and biopharmaceuticals. Kweichow Moutai naturally attracts the most attention because of its enormous influence in the Chinese equity market. According to the figures provided for the first half of 2026, the company reported approximately ¥90.7 billion in revenue and ¥44.5 billion in net profit. But the bigger story is not any individual company. It is the infrastructure. Crypto exchanges have historically focused on digital assets, while traditional stock markets operated through separate brokerage and banking systems. Gate’s expansion into A-share perpetual contracts creates another connection between these two financial worlds. For a crypto-native user, the ability to access USDT-settled exposure to major Chinese companies through an existing trading platform can significantly reduce some of the traditional barriers to accessing these markets. Gate has also been expanding its broader stock-related offering, including Hong Kong stock products and tokenized stock services. The A-share perpetual launch therefore fits into a larger trend: exchanges are increasingly trying to bring multiple asset classes under one trading ecosystem. That could eventually change how investors think about markets. Instead of asking only: “Should I trade crypto or stocks?” The question could increasingly become: “Which asset offers the best opportunity right now?” Bitcoin, Chinese equities, Hong Kong stocks, U.S. equities, commodities and other markets can all respond differently to interest rates, liquidity, economic growth, geopolitics and investor sentiment. Having access to different markets through one platform can give traders more flexibility to express those views. There is also a potential hedging use case. For investors who have exposure to Chinese assets, perpetual contracts can provide a way to express a bearish view or hedge against adverse price movements without necessarily selling an underlying investment immediately. However, this flexibility comes with substantial risk. Up to 20x leverage means a relatively small move in the underlying asset can have a major impact on the position. If the market moves sharply against a leveraged trade, liquidation can occur quickly. This is why “easier access” should never be confused with “lower risk.” A company being available on Gate does not mean its valuation is attractive. A popular stock does not guarantee a profitable trade. And a strong company does not automatically make a leveraged perpetual contract a good investment. This is one of the most important distinctions traders should understand: Value investing and derivatives trading are completely different strategies. An investor may study a company’s revenue, earnings, balance sheet, competitive position and long-term prospects. A derivatives trader may instead focus on price structure, liquidity, volatility, momentum, funding and risk management. Both approaches can exist in the same market, but they should not be treated as the same thing. The launch is therefore significant from both sides. For crypto traders, it expands the range of traditional assets they can access through a familiar environment. For traditional-market observers, it demonstrates how quickly crypto infrastructure is moving toward a broader multi-asset model. And for the wider financial industry, it raises an interesting question: Could crypto exchanges eventually become unified gateways for digital assets, equities, commodities and other financial markets? Gate’s A-share perpetual launch is another step in that direction. But the long-term success of these products will ultimately depend on liquidity, spreads, trading volume, execution quality and sustained user demand—not simply the number of assets listed. The opportunity is real, but so is the risk. Use leverage carefully, understand the contract mechanics, monitor liquidation levels and never treat a newly launched derivative as an automatic investment opportunity. The most important development here may not be the 10 individual A-share names. It may be the continuing convergence between crypto market infrastructure and traditional global finance. $GT $BTC $ETH ‌

#USD1FuturesZeroMakerFee Gate’s latest USD1 expansion deserves attention for a reason that goes far beyond the headline of “0% maker fees.” Starting August 13, 2026, Gate introduced nine new USD1-margined perpetual futures markets, alongside a promotional fee structure for eligible VIP 0–VIP 16 users. During the promotion, qualifying maker orders receive a 0% maker fee, while taker fees are reduced to 25% of their original rates. The new markets include BTC/USD1, ETH/USD1, SOL/USD1, XAU/USD1, SPCX/USD1, SNDK/USD1, MU/USD1, SKHYNIX/USD1 and XAG/USD1. The interesting part is the asset mix. Gate is not limiting USD1 to crypto markets. BTC, ETH and SOL bring major digital assets into the framework, while XAU and XAG provide exposure to gold and silver. The semiconductor and equity-related contracts add another dimension through markets such as MU, SKHYNIX, SNDK and SPCX. This creates a broader cross-market environment where different asset classes can be traded through a common USD1-margined structure. That could become more important than the fee promotion itself. For an active trader, 0% maker fees can reduce execution costs, especially when using qualifying limit orders. But lower fees should never be confused with lower market risk. These are perpetual futures, meaning funding rates, volatility, leverage, liquidity, slippage and liquidation risk can have a much greater impact on a position than the trading fee. The difference between maker and taker activity also matters. A 0% maker fee does not mean every trade is completely fee-free. Traders using market orders may still pay the applicable promotional taker fee, while the exact rate depends on the relevant VIP level and promotion terms. The bigger story is USD1’s expanding utility. A stablecoin becomes increasingly useful when it can serve multiple functions across an ecosystem. With this expansion, USD1 is being connected to trading, margin and settlement across crypto, precious metals and equity-related markets. Gate has also linked USD1 to Soft Staking, with the campaign’s annualized yield adjusted to 8% effective August 12, 2026 at 16:00 UTC. These are different products with different risk profiles, so they should not be treated as equivalent. A futures position carries derivatives risk, while a staking or yield product has its own terms, limits and conditions. Still, from an ecosystem perspective, the direction is notable. Gate is giving USD1 more use cases. Crypto → BTC, ETH, SOL Precious metals → Gold and Silver Equity/semiconductor markets → SPCX, SNDK, MU, SKHYNIX Trading infrastructure → USD1-margined perpetuals Yield utility → USD1 Soft Staking This creates the possibility of a stronger internal network effect. More products using USD1 can increase its utility. Greater utility could encourage more activity, while greater activity could potentially support liquidity and adoption. But that outcome is not guaranteed. The real test will be actual user behavior. Will traders move meaningful volume into USD1-margined contracts? Will the new markets develop competitive spreads and sufficient liquidity? Will USD1 become a preferred settlement and margin asset across more products? Can Gate continue expanding the ecosystem while maintaining strong execution and user confidence? These questions will matter much more than the initial zero-fee headline. There is also an interesting macro angle. Crypto, precious metals and semiconductor stocks often respond to completely different drivers. Bitcoin can react strongly to liquidity, interest rates and risk appetite. Gold is influenced by real yields, inflation expectations, central-bank demand and geopolitical uncertainty. Semiconductor markets are heavily connected to AI investment, chip demand, earnings expectations and technology-sector growth. Putting these markets into one USD1-margined environment gives traders a more connected view of different parts of the financial market. But connected markets do not mean predictable markets. Correlations can change quickly, especially during periods of high volatility or major macroeconomic events. That is why I see the current development less as a simple trading-fee promotion and more as an experiment in building a broader USD1 financial ecosystem. The headline is: “Gate offers 0% maker fees on selected USD1 futures.” The deeper story may be: “Gate is expanding USD1 into a common trading and settlement framework connecting crypto, commodities, equity-related markets and yield products.” If Gate continues adding products around USD1 and those markets develop sustainable liquidity, the strategic importance of USD1 could increase significantly. For now, the promotion may attract traders. But long-term adoption, liquidity, execution quality and real utility will determine whether this becomes a temporary campaign or a meaningful step toward a broader cross-market USD1 ecosystem. Always verify the latest official promotion terms, eligibility requirements, fee schedule, funding mechanics and risk disclosures before trading. Promotional fees can change, and derivatives remain high-risk regardless of the trading fee. $GT ‌$BTC ‌$ETH ‌ @GateSquare