📢 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
🧠 Ethereum Market Breakdown: What’s Driving ETH in August 2025? 🚀
Ethereum (ETH) continues to command attention in the crypto space, not just for its role as the backbone of DeFi and NFTs, but now for its evolving status amid ETF outflows, network upgrades, and macroeconomic shifts. Here’s a quick, clear, and professional breakdown of where ETH stands today! 📊
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🔍 1. ETF Exodus Hits Ethereum Hard
💸 ETH spot ETFs recently saw a record $465 million in single-day outflows.
This marked a major sentiment shift, especially after July's consistent inflows.
Institutional investors seem to be taking profits or reallocating risk—possibly due to ETH’s inability to break key resistance levels near $3,800.
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📉 2. Price Action Update
ETH currently trades around $3,460–$3,520, consolidating after a failed breakout.
Support sits near $3,300, with major resistance at $3,780–3,850.
A break below $3,300 could invite a short-term bearish wave, while reclaiming $3,800 might open the door to $4K+ targets. 🏹
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🧮 3. On-Chain Metrics
📉 Active addresses have slightly declined, showing lowered retail participation.
🟡 ETH staked on Beacon Chain remains strong, suggesting long-term holders are unshaken.
🔁 Transaction volumes are steady, though not surging—hinting at a cooling speculative phase.
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⚖️ 4. Fundamentals Stay Strong
Ethereum’s EIP-4844 (Proto-Danksharding) is still generating buzz for scaling prospects.
Developers continue building at a rapid pace—L2 ecosystems like Arbitrum and Optimism keep attracting dApps.
Despite ETF outflows, ETH’s utility remains unmatched across DeFi, NFTs, and RWAs.
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📈 5. What’s Next for ETH?
💡 Short-term: Expect sideways movement with possible dips unless macro or ETF sentiment flips bullish again.
🔮 Long-term: Ethereum remains a top candidate for capital inflows once market confidence rebounds.
Watch for: U.S. CPI data, Fed comments, and ETH/BTC ratio strength for leading signals.
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📌 Final Thought
Ethereum is in a cooling phase, but not a fading one. 🧊🔥
While big money takes a breather, the tech and community behind ETH remain fundamentally bullish. Accumulation zones may open if dips deepen—but only for those with visio$BTC $ETH n beyond volatility. 👁️💼
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#Gate ETH Staking APY 5%# #Show My Alpha Points# #SOL Futures Reach New High#