๐ Gate Square Growth Points Summer Lucky Draw Round 1๏ธโฃ 2๏ธโฃ Is Live!
๐ Prize pool over $10,000! Win Huawei Mate Tri-fold Phone, F1 Red Bull Racing Car Model, exclusive Gate merch, popular tokens & more!
Try your luck now ๐ https://www.gate.com/activities/pointprize?now_period=12
How to earn Growth Points fast?
1๏ธโฃ Go to [Square], tap the icon next to your avatar to enter [Community Center]
2๏ธโฃ Complete daily tasks like posting, commenting, liking, and chatting to earn points
100% chance to win โ prizes guaranteed! Come and draw now!
Event ends: August 9, 16:00 UTC
More details: https://www
๐ฅ ETH/USDT
๐ป Price: $3,714.25 (โ3.3%)
๐ 24H High: $3,877.60
๐ 24H Low: $3,616.78
๐ Volume: 397.85K ETH | $1.50B Turnover
๐ก Observations:
Price rejected near $3,940 resistance
Currently trading below MA30 ($3,796) & MA10 ($3,725), showing weakness
Support zone at $3,616 โ $3,500
๐ Break below $3,700 could invite further selling toward $3,600. Eyes on reclaiming MA10 to shift short-term bias bullish.
โ
๐ฅ BTC/USDT
๐ป Price: $115,708 (โ2.09%)
๐ 24H High: $118,915.7
๐ 24H Low: $114,323.2
๐ Volume: 9.08K BTC | $1.06B Turnover
๐ก Observations:
Failed to hold $120,000 zone, now trading near short-term support
MA10 ($116,348) & MA30 ($117,658) are resistance above
Immediate support at $114,000, next at $112,800
๐ A bounce from this zone could spark a short-term recovery, but caution advised unless $117K is reclaimed.
โ
๐ Overall Sentiment:
๐ Market remains under short-term bearish pressure, with both BTC and ETH trading below key moving averages. Watch out for high volatility and potential liquidity traps around support zones.