💙 Gate Square #Gate Blue Challenge# 💙
Show your limitless creativity with Gate Blue!
📅 Event Period
August 11 – 20, 2025
🎯 How to Participate
1. Post your original creation (image / video / hand-drawn art / digital work, etc.) on Gate Square, incorporating Gate’s brand blue or the Gate logo.
2. Include the hashtag #Gate Blue Challenge# in your post title or content.
3. Add a short blessing or message for Gate in your content (e.g., “Wishing Gate Exchange continued success — may the blue shine forever!”).
4. Submissions must be original and comply with community guidelines. Plagiarism or re
Recently, the crypto assets market has shown a strong pump momentum, with major coins Bitcoin and Ethereum both reaching new highs. However, after breaking through historical peaks, the market has experienced a certain level of pullback and consolidation.
In terms of Bitcoin, there has been a significant pullback after reaching a new high. This adjustment shows characteristics of a volume contraction pullback, indicating that market selling pressure is not heavy. This can be interpreted as a natural correction process after hitting a new high, and the main funds may be digesting previous profit chips through fluctuations to build momentum for possible further upward moves in the future. However, investors also need to be cautious, as a break below key support levels could trigger a deeper pullback.
Ethereum's performance has been more active, showing a trend of breaking new highs after a range-bound fluctuation. After a brief dip, Ethereum quickly broke through the important resistance level of 4730 USD and once touched near 4800 USD. Although there was a pullback afterwards, the bottom support remains strong, indicating that it may continue to maintain a rising trend in the short term.
For traders, it is necessary to be particularly cautious in this market situation. Bitcoin can be considered for establishing long positions near specific support levels during pullbacks, but reasonable stop-losses should be set. Similarly, Ethereum can also be considered for going long when it pulls back to key support levels, but strict risk control is also required.
It is worth noting that the Crypto Assets market is highly volatile, and investors should always pay attention to market trends, manage risks appropriately, and avoid blindly chasing highs or using leverage. At the same time, one should be alert to sudden market movements and adjust strategies in a timely manner. In this market full of opportunities and risks, rationality and caution are always the keys to success.