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- 🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
1️⃣ #ETH Hits 4800# | Market Analysis & Prediction: Boldly share your ETH predictions to showcase your insights! 10 lucky users will split a 0.1 ETH prize!
Details 👉 https://www.gate.com/post/status/12322612
2️⃣ #Creator Campaign Phase 2# |ZKWASM Topic: Share original content about ZKWASM or its trading activity on X or Gate Square to win a share of 4,000 ZKWASM!
Details 👉 https://www.gate.com/post/st - 📢 Gate Square #Creator Campaign Phase 2# is officially live!
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🎨 Campaign 1: Post on Gate Square and win content rewards
📅 Time: July 25, 22:00 – July 29, 22:00 (UTC+8)
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Post original content (at least 100 words) on Gate Square related to
Analysis: The heat of the U.S. "Crypto Week" remains high, but the trend of Ethereum is driven by Asia.
PANews July 16 news, according to the latest analysis by Matrixport, Ethereum has risen 18% in the past month, with 17 percentage points of the increase occurring during Asian trading hours, highlighting the significant influence of the Asian market on the price discovery of crypto assets. Meanwhile, Bitcoin and Ethereum have risen 8% and 19% respectively in the past week, attracting widespread attention from the US media. The US market is ushering in "Crypto Week," with major stablecoin-related legislation expected to pass, bolstering the narrative of the US becoming a global crypto asset hub. The growth of the US market is mainly attributed to capital inflows into ETFs, corporate financial activities, and the IPO of Circle. However, compared to the relatively stable capital flows in the US market, the volatility and momentum of Ethereum are clearly driven by the Asian market.