📢 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
On Friday, the market staged a thrilling range-bound battle between bulls and bears. After the price soared to a high of 118850 in the early morning, it suddenly plummeted, initiating a waterfall decline. In the afternoon, it stabilized near 114000. Based on yesterday's trading strategy, we managed to secure a very substantial position. The price briefly rebounded to 116000 in the morning before facing pressure and falling again. The trend of the rebound given in the morning was also validated, and the shift in strategy provided earlier was confirmed by the evening. In the afternoon, according to the market observation, the strategy was reconfirmed, and we provided everyone with detailed trading strategies in advance. Recently, we have repeatedly provided precise analyses, which have never been hindsight wisdom; everything is validated by strength and a large amount of data.
Looking ahead to the market, although there is a clear short-term price correction, from a broader perspective, this round of adjustment is merely a normal technical correction within the upward trend, and has not posed a substantial threat to the overall bullish pattern. The current weak market resembles a trap deliberately set by the main forces. Technical analysis shows that Bitcoin has formed effective support near the low of 113800, and has successfully stabilized above the 114500 level, which indicates that a new round of rebound is about to unfold. It is recommended to closely monitor the price pullback opportunities in the future, and once a stabilization signal appears, one can decisively enter the market to go long. So far, after hitting the bottom, the price has entered a wide range of 116000-114000 exhibiting a fluctuating pattern. Whether it is a pump or fall, there are good operational opportunities available, but clearly, we see that operating with a pump strategy is more prudent.
Midnight suggestion, Bitcoin is still in the range of 114500-114000, with a target looking at 116000-116500 based on previous thoughts. If it breaks, look towards around 117500. Ethereum can be considered around 3580. It is worth noting that Ethereum needs to closely monitor whether the low point around 3560 can effectively form support. Everything is based on real-time data, operate with proper protection, and make timely adjustments.