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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! 🚀
🆘 #Gate 2025 Semi-Year Community Gala# | Square Content Creator TOP 10
Only 1 day left! Your favorite creator is one vote away from TOP 10. Interact on Square to earn Votes—boost them and enter the prize draw. Prizes: iPhone 16 Pro Max, Golden Bull sculpture, Futures Vouchers!
Details 👉 https://www.gate.com/activities/community-vote
1️⃣ #Show My Alpha Points# | Share your Alpha points & gains
Post your - 🚀 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.
🎁 4 winners split $100 Futures Voucher! - 📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
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# 💙
Show your limitless creativity with Gate Blue!
📅 Event Period
August 11 – 20, 2025
🎯 How to Participate
1. Post your original creation (image / video / hand-drawn art / digital work, etc.) on Gate Square, incorporating Gate’s brand blue or the Gate logo.
2. Include the hashtag #Gate Blue Challenge# in your post title or content.
3. Add a short blessing or message for Gate in your content (e.g., “Wishing Gate Exchange continued success — may the blue shine forever!”).
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!
📢 Post your futures trading experience on Gate Square with the event hashtag — $25 × 20 rewards are waiting!
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📅 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.
#BTC Back To $122K# – Roadmap to New Highs
Bitcoin has excited investors again by testing $122,000! This rise isn't just a technical breakout; it's a paradigm shift shaped by a combination of global policies, institutional trends, and macroeconomic dynamics. Here's what's behind the scenes of this historic moment:
Current Price Action and Technical Indicators
- BTC/USD reached $122,084 as of the morning of August 11th.
- This level coincides with the 1.618 Fibonacci retracement and is a strong resistance point known as the "Golden Ratio" in technical analysis.
- A pause in momentum at this level is a critical threshold for profit taking and new position openings.
Political Catalyst: Trump Gives Green Light to Crypto
- US President Donald Trump signed an executive order allowing 401(k) retirement funds to invest in crypto assets. This decision could pave the way for trillions of dollars in retirement capital to flow into Bitcoin.
Spot Bitcoin ETFs saw net inflows of $253 million in the last three days.
Institutional Flows and the ETF Rally
Giants like BlackRock, Fidelity, and Bitwise are increasing their BTC positions through ETFs.
Even Ethereum ETFs saw $461 million in inflows, outpacing BTC, indicating growing overall crypto interest.
El Salvador is on its way to becoming a regional crypto hub by authorizing investment banks to hold BTC.
Risks and Support Zones
According to Glassnode data, BTC is heavily invested between $117K and $122K.
However, there is a volume gap between $110K and $115K, posing a risk of a potential pullback to this area.
If the market fails to fill this gap, $141K could be the next target. Looking Ahead: Is a New ATH Imminent?
- Global M2 money supply has reached $55.5 trillion; this abundance of liquidity creates a strong backdrop for BTC.
- Valuations of tech giants like Nvidia indicate that investors are no longer pricing in traditional metrics, but rather future potential.
- BTC surpassing gold's $23 trillion market capitalization is no longer a pipe dream; it's a strategic goal.
Final Word: Is This Just the Beginning?
It would be incomplete to view Bitcoin's 122K test as merely a price movement. It signals an era of accelerating integration of digital assets into the global financial system. New highs, new investors, and new paradigms are on the way.