📢 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
Based on the recent four-hour Candlestick Chart's Technical Analysis, the current Crypto Assets market is showing obvious signs of consolidation and volatility. Observing the MACD indicator, we can see that the Trading Volume frequently alternates between contraction and higher trade volumes, which aligns with the Bollinger Bands beginning to expand from an extremely contracted state, suggesting that both bulls and bears are engaged in a fierce battle.
Investors should pay attention to the fact that the market has formed a double top pattern, a classic technical signal that further confirms that bearish forces are dominating. Based on the above technical characteristics, we believe that today's trading strategy should primarily focus on shorting on rallies.
Specifically for each coin, for Bitcoin, it is recommended to consider shorting in the range of $108,700 to $109,500, with target prices focusing on the range of $107,500 to $106,500. For Ethereum, it is advised to look for shorting opportunities around $2,515 to $2,545, with target prices focusing on the range of $2,480 to $2,440.
However, we must remind investors that the Crypto Assets market is highly volatile and carries significant risks. Before making any trading decisions, it is essential to thoroughly assess your own risk tolerance and conduct comprehensive market research. Additionally, market conditions can change rapidly, so investors should stay closely informed of the latest market developments and adjust their strategies accordingly.