📢 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
In the early hours of today, the cryptocurrency market showed a positive rising trend. The price of Bitcoin experienced a fluctuation, rebounding from a low of $115,500 to around $117,500, then entering a consolidation phase, currently stabilizing at around $117,300. Ethereum followed in Bitcoin's footsteps, rising from a low of $3,780 to a high of $3,880.
From a medium-term trend perspective, the four-hour chart shows that the current price is close to the upper Bollinger Band, which indicates that the market is at a relatively high level, and the buying pressure is strong. The technical indicator MACD shows that the bullish strength is dominant, and the short-term market is in an upward trend.
However, from a short-term perspective, the one-hour chart shows that although the bulls are still in control, the price is approaching the upper Bollinger Band, indicating a risk of overbought pullback. Therefore, investors should remain cautious at the current position, as a short-term pullback may occur.
For day traders, it may be worth considering shorting opportunities near Bitcoin at $118,000 and Ethereum at $3,930, with target prices of $115,000 and $3,850, respectively.
It is worth noting that the Crypto Assets market is highly volatile, and investors should operate cautiously and manage risks well. At the same time, market conditions change rapidly, so it is recommended that investors closely monitor the latest market trends and news to adjust their trading strategies in a timely manner.