📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
Recently, the Ethereum (ETH) market has performed remarkably, with prices breaking the $4000 barrier, currently trading around $4220. Several Technical Analysis platforms have provided strong buy signals, indicating a strong bullish sentiment in the market.
From a technical perspective, after ETH broke through the key resistance level of 4000 USD, a clear rising trend has formed. Major analysis platforms such as Investing.com, TradingView, and BitGet all hold a positive attitude towards ETH, consistently giving it a buy rating.
In terms of market news, the activity of institutional investors has significantly increased. A large influx of capital has forced some short positions to close, further driving up the ETH price. It is worth noting that large holders continue to accumulate ETH, and the current holdings have reached an astonishing 1.8 million.
For investors, there may be opportunities in the current market. If the ETH price retraces to the range of $4100-$4150, it may be considered to accumulate positions in batches. If the price stabilizes above $4220, it could be a good time to increase positions. It is recommended to set the stop-loss near $4150, with an initial target price looking towards the range of $4400-$4500, and it may even challenge the historical high.
However, investors should also be wary of market risks. The cryptocurrency market is highly volatile, and prices may experience significant fluctuations. Before making any investment decisions, it is essential to conduct thorough research and risk assessment. At the same time, closely monitor market trends and changes in the regulatory environment, as these factors can have a significant impact on ETH prices.