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- 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
📍 Follow Gate_Square, vote and drop your reason.
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📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
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1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ - 💙 Gate Square #Gate Blue Challenge# 💙
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📅 Event Period
August 11 – 20, 2025
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4. Submissions must be original and comply with community guidelines. Plagiarism or re - 🎉 The #CandyDrop Futures Challenge# is live — join now to share a 6 BTC prize pool!
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Dare to trade. Dare to win.
📍 Crypto Market Real-Time Update – Today
Bitcoin (BTC)
Current Price: ~$118,021 (↑ +0.38%)
Intraday Range: $117,496 – $118,383
Trend: The price continues to hold above the $117K mark after a slight correction from the $120K level, reflecting selling pressure from whales—but still maintains a short-term upward trend.
Ethereum (ETH)
Current Price: ~$3,772 (↑ +0.33%)
Intraday Range: $3,721 – $3,799
Trend: Currently in an accumulation zone, with slight distribution from large wallets but still showing good buying strength from ETF funds and new stablecoins.
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🚩 Key Drivers Driving the Market Today
ETFs and Institutional Flows continue to pour strong capital into BTC and ETH, creating support for prices in the current price range.
U.S. Law & Policy: The GENIUS Act officially becomes law, promoting Ethereum and stablecoin usage; meanwhile, the Bitcoin reserve plan boosts confidence in the crypto market.
On-chain flows: Nearly $160M ETH from 42,788 tokens newly accumulated by a new wallet today ( totaling over $2.17B since 9/7), signaling potential buying power for ETH.
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🎯 Quick Strategy Snapshot
Asset Support Zone Breakout Scenario
BTC ~$117K If it breaks $118.5K → target $120K–125K
ETH ~$3,720 If it surpasses $3,800 → heading towards $4,000+
🎧 The market sentiment is currently bullish but is entering a slight consolidation zone—this is a good time to monitor price action and capital flow.
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✅ Quick summary
BTC & ETH both maintained a slight upward momentum today while the market remains cautious. The momentum from ETFs, new regulations, and large capital flows continues to provide positive support. Investors should wait for a confirmation point of breakout to enter trades accurately.
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