📢 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
The price of Ethereum (ETH) has been continuously rising recently, approaching the important psychological barrier of 4000 USD. This highly anticipated price point is imminent, triggering extensive discussions and speculation among market participants.
However, investors need to remain cautious. Once ETH breaks through $4000, it is not advisable to blindly chase the price higher, as this may trigger a large number of stop-loss orders, leading to increased market volatility. Conversely, at this stage, it may be worth considering positioning some short positions to respond to potential pullbacks.
It is worth noting that the ETH price may encounter resistance as it approaches the $4000 mark. One possible scenario is that the price pulls back after getting close to but not breaking through $4000. This "false breakout" situation is not uncommon in the cryptocurrency market and often catches many investors off guard.
Currently, there is a divergence in the market regarding the future trend of ETH. Some believe a breakthrough is imminent, while others expect it to encounter resistance and fall back at high levels. In either case, investors should closely follow market trends and manage risks effectively.
At this critical moment, it is essential to remain rational and patient. Do not be misled by short-term price fluctuations, but rather focus on the long-term development prospects and fundamental changes of Ethereum. At the same time, pay attention to the overall trends of the cryptocurrency market, as they may have a significant impact on ETH prices.
Overall, whether you are bullish or bearish, you should operate cautiously, reasonably control your positions, and be prepared to respond to various possibilities in the market.