💞 #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
#ETH Hits New ATH#
✅ 1. Market News
Ethereum has reached a new all-time high (ATH) at $4,956, surpassing its previous peak from 2021.
Institutional investor interest, ETF inflows, and the strong fundamentals of blockchain technology are fueling this rally.
However, caution is advised: a “flash crash” triggered by a major Bitcoin sell-off caused Ethereum to briefly drop below $4,600 — with approximately $838 million in total crypto liquidations, where both Bitcoin and ETH were among the most impacted assets.
On-chain data shows a “supply shock” as the amount of ETH on exchanges continues to decrease, forcing buyers to compete more aggressively and supporting the price.
Technical indicators like the Relative Strength Index (RSI) are flashing weakness signals; while momentum is slowing, the price is still testing new highs, raising the risk of a short-term pullback.
✅ 2. Price Level Analysis
Indicators Level Comment
New ATH $4,956 A historic peak — the most watched level on investors’ radar.
Current Price ~$4,627 Consolidation zone after the pullback.
Lowest Price ~$4,520 A strong support zone — critical for trend sustainability.
The formula is simple: when an asset reaches ATH, a pullback is common, but as long as support zones remain strong, another upward wave could follow.
✅ 3. Investor Strategy
1. Strengthen Support Zones
The $4,520–$4,600 range remains a solid short-term support. Ideal for positioning.
2. Set a Stop-Loss
With RSI signaling weakness, minor pullbacks are possible. Consider setting stop-loss levels around $4,500.
3. Take Partial Profits
Watch for resistance at $4,780 and the psychological $5,000 level for partial take-profit opportunities.
4. Track Supply Shock & ETF Inflows
Exchange outflows are creating a supply squeeze, which may support further upward momentum. Keep an eye on ETF inflows to gauge market sentiment.
5. Turn Uncertainty Into Strategy
Don’t let fear or inaction cost you — informed strategies win in volatile markets.
✅ 4. Conclusion and Outlook
Ethereum, after hitting a new ATH at $4,956, is showing signs of short-term technical uncertainty. The established support and resistance levels provide a clear strategic map, with $4,520 standing out as a key confidence zone. For investors, strategic pauses, careful position planning, and disciplined risk management remain the keys to navigating this market effectively.