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- Hey Square fam! How many Alpha points have you racked up lately?
Did you get your airdrop? We’ve also got extra perks for you on Gate Square!
🎁 Show off your Alpha points gains, and you’ll get a shot at a $200U Mystery Box reward!
🥇 1 user with the highest points screenshot → $100U Mystery Box
✨ Top 5 sharers with quality posts → $20U Mystery Box each
📍【How to Join】
1️⃣ Make a post with the hashtag #ShowMyAlphaPoints#
2️⃣ Share a screenshot of your Alpha points, plus a one-liner: “I earned ____ with Gate Alpha. So worth it!”
👉 Bonus: Share your tips for earning points, redemption experienc
- 🎉 The #CandyDrop Futures Challenge is live — join now to share a 6 BTC prize pool!
📢 Post your futures trading experience on Gate Square with the event hashtag — $25 × 20 rewards are waiting!
🎁 $500 in futures trial vouchers up for grabs — 20 standout posts will win!
📅 Event Period: August 1, 2025, 15:00 – August 15, 2025, 19:00 (UTC+8)
👉 Event Link: https://www.gate.com/candy-drop/detail/BTC-98
Dare to trade. Dare to win.
What is happening with the price of Ethereum?
On the 4-hour timeframe, the price of Ethereum has broken through the middle line of its ascending channel and is now testing the lower boundary around $3625. The supertrend has switched from a bearish trend at $3899, indicating a shift in momentum towards sellers for the first time since mid-July. The -DI line on the DMI indicator has sharply risen to 30.4, while the +DI has dropped to 11.0, confirming the prevailing downward pressure.
The daily chart demonstrates a broader structural picture. After reaching a peak around $3940 on July 29, Ethereum returned to the $3600 zone, sharply reacting to the supply around the resistance level of $3900–$4000. Historical liquidity since April 2024 remains at the same level near this point, which creates additional obstacles for further growth.