📢 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
#BTC# After several days of fluctuations, the price trend of Bitcoin has remained relatively stable in a more stable range, with no significant ups or downs. Ether has shown a similar pattern during the same period, stabilizing around 3670, with no notable volatility. The original version has seen a certain continuation of its rise, and it seems to have entered a phase of digesting previous gains and waiting for new driving factors. Bitcoin entered a short position around 115600 in the early morning and exited at 114800, gaining over 800 points. Similarly, Ether shorted near 3690 and retreated to around 3650, gaining over 40 points. History will repeat itself, but your opportunities will still be elusive.
In the short term, Bitcoin is in a rapid falling channel, with frequent bearish candles indicating strong bearish pressure, and the bulls are almost at the mercy of the bears. The RSI has been in the oversold territory without signs of recovery. In contrast, Ether's short-term situation is a corrective phase, with the MACD indicator showing an expanding green histogram, indicating sufficient downward momentum. The moving averages are in a bearish arrangement, creating layers of pressure on the price. Overall, both are showing weak trends in the short term, making a reversal unlikely. On the hourly chart, Bitcoin shows a fluctuating downward trend, where the bearish candlestick bodies are larger than the bullish ones, indicating that the bears are dominating at low levels. On Ether's hourly chart, the KDJ indicator is in the oversold territory, and the three lines have a tendency to diverge further downwards, suggesting a strong downward trend in Ether's hourly chart and a possibility of continuing to decline.
The big pie is short at 115100-115600, looking around 114000. Ether is short at 3690-3710, looking around 3590. #eth#