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- 🏁 Gate Red Bull Racing Tour 2025 In Full Swing!
Up to now, the total trading volume exceeded $2 billion, with top trader trading volume nearing $200 million
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#GateRedBullRacingTour# - 📢 Gate releases its latest Reserve Audit Report!
💰 Total reserves: $10.453B
🟢 Excess reserves: $1.96B — ensuring full coverage and extra security for user assets.
Gate continues to uphold 100% proof-of-reserves and full transparency.
🔗 Read the full report: https://www.gate.com/zh/announcements/article/45617
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- #Gate Latest Proof of Reserves Reaches 10.453 Billion Dollars#
Gate has released its latest Proof of Reserves report! As of June 2025, the total value of Gate’s reserves stands at $10.453 billion, covering over 350 types of user assets, with a total reserve ratio of 123.09% and an excess reserve of $1.96 billion.
Currently, BTC, ETH, and USDT are backed by more than 100% reserves. The BTC customer balance is 17,022.60, and Gate’s BTC balance is 23,611.00, with an excess reserve ratio of 38.70%.The ETH customer balance is 386,645.00, and Gate’s ETH balance is 437,127.00, with an excess reserve
Ethereum (ETH/USD)
Bollinger Bands (BB 20, SMA close 2)
ETH tried to break out but was pushed back, suggesting resistance near $2,555–$2,560.
Current Price: ~$2,530.
SMA Confluence: Price is oscillating around the moving average—shows indecision.
Lower Wicks: Buyers stepped in around $2,500–$2,510 (support zone).
🎯 Potential Entry Points:
✅ Long Entry (Buy) Option:
Entry: Around $2,520–$2,530, after confirmation of bullish candle above SMA or middle Bollinger Band.
SL (Stop-Loss): Below recent swing low, ~$2,495.
TP (Take-Profit): Near upper band ~$2,560–$2,580.
🚫 Short Entry (Sell) Option:
Only if:
Price closes below $2,520 and breaks the middle BB/SMA with volume.
Entry: $2,520 break with a bearish confirmation candle.
SL: Above $2,540.
TP: ~$2,500 or lower.