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- 🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
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1️⃣ #Show My Alpha Points# | Share your Alpha points & gains
Post your - 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
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📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
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1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ - 💙 Gate Square #Gate Blue Challenge# 💙
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August 11 – 20, 2025
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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 - 🎉 The #CandyDrop Futures Challenge# is live — join now to share a 6 BTC prize pool!
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Dare to trade. Dare to win.
CRYPTO MARKET UPDATE – 12/08/2025
** Bitcoin (BTC):** Price slightly surpassed $122K — approaching historical peak — thanks to positive investor sentiment following the regulation allowing pension funds (401k) to invest in crypto. However, shortly after, there was a strong sell-off, pulling the price back down below $119K. Today's price is currently hovering around $119K, indicating that the market is still retesting the resistance area.
** Ethereum (ETH):** The price remains stable above $4,200, with a slight rebound — although the correction pressure still looms. ETH is in a technical accumulation zone, with recovery potential if it surpasses the $4,300–$4,400 mark.
** Solana (SOL):** The current price has decreased by ~4-5% compared to yesterday, trading around $176.5. SOL is under adjustment pressure from the high resistance area and needs to hold the support zone of 170-175 to avoid a deeper decline.
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Market overview:
The total market capitalization of crypto continues to increase slightly thanks to the push from ETFs and the order allowing crypto investment in retirement funds.
USD is strengthening ahead of the upcoming CPI data, which could lead to increased price volatility in crypto.
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** Today's Trading Tip:**
BTC: Please wait for the CLEAR (volume) if you want to take profit or re-enter — the next possible target zone could be $130K if the momentum is maintained.
ETH: Hold steady in the $4,300–4,400 range to confirm the recovery trend; if it drops below $4,200, caution is advised with pullback movements.
SOL: Observe the $170–175 range, potential recovery if buying pressure returns; otherwise, it may test $160.
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** Brief Conclusion:** BTC today had a breakout to the $122K area but was quickly corrected — indicating that the market is still probing. ETH is holding above strong support, while SOL is stagnating and needs confirmation of recovery. This is a time to calmly observe, do not rush into orders without confirmation.
#TOKEN OF LOVE IS BACK# #BTC Back To $120k# #Show My Alpha Points#