📢 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
August 10, 2025 Market Daily:
1. Core Indicators and Market Sentiment
- BTC market share: has dropped to around 60%, a decrease of 6 percentage points from the previous high. From historical data, the current decline is limited (not reaching 10 percentage points), and the absolute value has not fallen below the warning line of 50%, indicating that the market has not yet reached its peak.
- Market sentiment: ETH's rally has led to a decline in BTC's market share, but the altcoin sector's gains are limited, and FOMO sentiment has not emerged, with overall sentiment not reaching a greedy state.
2. Ethereum Market Analysis
- Breakthrough Confirmation: ETH has broken through strong resistance, driven by institutional funds. Although a small pullback may occur in 1-2 days, the upward trend is not over.
- Short-term goal: Next target 4800 points, short-term or pullback to test support in the 4000-4100 range.
- Long-term outlook: If BTC breaks through $120,000, the probability of ETH reaching a new all-time high is very high; we must be cautious of short-term irrational claims of "ETH surpassing BTC"; its surpassing relies on its own ecological explosion, not driven by the current capital overflow.
3. Operational Suggestions
- Prioritize holding spot assets and avoid excessive leverage.
- Pay attention to the buying strength of ETH and the progress of BTC breaking through $120,000. Altcoin season needs to wait for the signal of ETH capital overflow.