💞 #Gate Square Qixi Celebration# 💞
Couples showcase love / Singles celebrate self-love — gifts for everyone this Qixi!
📅 Event Period
August 26 — August 31, 2025
✨ How to Participate
Romantic Teams 💑
Form a “Heartbeat Squad” with one friend and submit the registration form 👉 https://www.gate.com/questionnaire/7012
Post original content on Gate Square (images, videos, hand-drawn art, digital creations, or copywriting) featuring Qixi romance + Gate elements. Include the hashtag #GateSquareQixiCelebration#
The top 5 squads with the highest total posts will win a Valentine's Day Gift Box + $1
【Price Trend Analysis】
1. Candlestick Patterns:
- The price has been fluctuating in the range of 3400 to 3500 recently, forming a consolidation pattern.
- On the daily K-line chart, long upper shadow lines appeared on July 15th and 16th, indicating significant overhead pressure.
2. Technical Indicators:
- MACD: In the 4-hour cycle, DIF and DEA are close to the zero axis, but there are signs of a downward crossover, and short-term may face retracement pressure.
- RSI: RSI14 is around 65, which is relatively high but not yet in the overbought zone, indicating that the market still has some room for further upside, but caution should be exercised against potential pullback risks.
- EMA: The current price is hovering around EMA7 (3388.69), with support below at EMA30 (3245.96) and EMA120 (3234.66). If it falls below EMA7, it may test the support below.
3. Trading Volume:
- The Trading Volume significantly increased on July 15th, reaching 2723613, indicating intense competition between long and short positions.
- Trading Volume decreased on July 16th to 913422, indicating increased market caution. #ETH#