📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
📌 How to Participate
Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
Add hashtag: #PUBLIC Creative Contest#
Include screenshots of your Launchpool participation (e.g., staking record, reward
Recently, the market performance of Ethereum (ETH) has been remarkable, with a strong rise in price movement. Currently, the important support range for ETH is between 4150 and 4000 USD. Investors are closely following the four-hour Candlestick Chart, particularly the potential formation of a double long wick candle pattern, which may indicate the market direction in the short term.
If a pullback occurs, the range of $4150 to $4000 will become a key support level, and market participants need to closely monitor the price reaction in this area. On the other hand, if ETH can break through strongly and stabilize above $4300, this may pave the way for further rises. In this case, intraday trading may challenge the resistance range of $4400 to $4450.
It is worth noting that market sentiment and macroeconomic factors may also impact the price of ETH. Investors should remain cautious and consider both technical analysis and fundamental factors comprehensively. Furthermore, the high volatility of the cryptocurrency market means that situations can change rapidly, making real-time monitoring of market dynamics crucial.
Regardless, this surge in Ethereum once again proves its important position in the cryptocurrency ecosystem. As more applications and services are built on the Ethereum network, its long-term development prospects are still worth following.