💞 #Gate Square Qixi Celebration# 💞
Couples showcase love / Singles celebrate self-love — gifts for everyone this Qixi!
📅 Event Period
August 26 — August 31, 2025
✨ How to Participate
Romantic Teams 💑
Form a “Heartbeat Squad” with one friend and submit the registration form 👉 https://www.gate.com/questionnaire/7012
Post original content on Gate Square (images, videos, hand-drawn art, digital creations, or copywriting) featuring Qixi romance + Gate elements. Include the hashtag #GateSquareQixiCelebration#
The top 5 squads with the highest total posts will win a Valentine's Day Gift Box + $1
August 23 Market Daily Report
1. Ethereum: Refreshing Historical Highs
(1) Price Performance
- Yesterday it fluctuated in the $4200 range, today it rose to a maximum of $4887, setting a new historical high.
- Market capitalization of approximately 500 billion USD, with a rise of 20% in just a few hours.
(2) Driving Factors
Federal Reserve Chairman Powell released dovish signals in his speech at Jackson Hole, with the market expecting a more than 90% probability of a 25 basis point rate cut next month, becoming a direct driver of the price surge.
(3) Market Analysis
- The characteristics of the main force controlling the market are significant, and the selling pressure before 4800 points has basically been digested.
- The ETH/BTC exchange rate has doubled from the relative bottom, and large-scale selling conditions are not yet met.
(4) Subsequent Judgment
- Although it has not yet truly broken through the 4800-point resistance level (which is both the historical high and the level at which last week's breakout failed), there is a possibility of a pullback and consolidation.
- However, the main players have a strong say in the price, and the probability of a subsequent breakthrough is high.