📢 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.
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🎨 Event Period:
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
Good evening everyone! Market analysis! Thank you all for your support!
Analysis: Ethereum breaks through key resistance level, which may trigger a new round of "alt season"
, according to Co analysis, Ethereum ( ETH ) price has broken through the Gaussian channel midline ( at about $2,600 ), this technical indicator has historically indicated significant bullish momentum. The analysis shows that ETH may target $4,100, while also likely to trigger a widespread "altcoin season." In the past two instances of breaking this level, altcoin market capitalization grew by 1,400% ( in 2020 ) and 200% ( in 2023 ). If Bitcoin's dominance declines again after the halving, analysts expect the altcoin market capitalization may rise to $15 trillion. However, risks should be noted: approximately $12.3 billion in ETH holder cost basis is in the range of $2,300-$2,500, and if the price retreats, it may trigger selling pressure.
James Wynn was forced to close part of his long positions due to the fall of Bitcoin, with today's loss amounting to approximately 14.3 million USD. According to Lookonchain monitoring, Bitcoin's price has just fallen below 108,300 USD, once again threatening James Wynn's positions. James Wynn closed part of his Bitcoin long positions, incurring a loss of about 4.75 million USD. Today, due to reducing Bitcoin long positions, he has lost a total of approximately 14.3 million USD.