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- 🎉 The #CandyDrop Futures Challenge# is live — join now to share a 6 BTC prize pool!
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Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
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Post original content on Gate Square related to WXTM or its - 🎉 Attention Alpha fans! Alpha’s latest TAG airdrop goes live today at 10 AM—first come, first served!
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📅 Activity deadline: August 10, 18:00 UTC
Let’s go! See you tonight: https://www.gate.com/announcements/article - 🎉 The #CandyDrop Futures Challenge is live — join now to share a 6 BTC prize pool!
📢 Post your futures trading experience on Gate Square with the event hashtag — $25 × 20 rewards are waiting!
🎁 $500 in futures trial vouchers up for grabs — 20 standout posts will win!
📅 Event Period: August 1, 2025, 15:00 – August 15, 2025, 19:00 (UTC+8)
👉 Event Link: https://www.gate.com/candy-drop/detail/BTC-98
Dare to trade. Dare to win.
The price of #ETH# continues the rise it started from the low of 3.353 $ and has now tested the 4.066 $ zone. This is an important zone both psychologically and technically, as you can see from the red order bars on the right, this level has significant selling liquidity.
What does this mean? The upward movement has so far been fueled by a search for liquidity, but now the price is facing sell orders from major players in a zone. So here we will either see strong selling pressure or if significant buying comes in, it will clear this zone and continue on its way.
If it is rejected from here, the first zone that could work as support below is between 3,850 – 3,880 $. Because there are previous volume clusters and order density in this zone. However, if a breakout occurs, the next targets could shift towards higher liquidity clusters.
In summary: the price is currently climbing above the liquidity. This is an important threshold for reversal or breakout. The direction of the reaction in this zone will determine the structure of the upcoming algorithm.