💙 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
August 4, 2025
The market has rebounded from the bottom, with BTC temporarily detaching from the most important support level, returning to around 115000. Ethereum has also rebounded to above 3500. For the current trend of the market, the rebound in the past two days is crucial because it not only detaches from the support line of the balance between rises and falls but more importantly, it may be a preview of the opening of the US stock market tonight. In fact, looking at the futures situation of the US stock market, the market has also stabilized. Last Friday's sudden plunge in the US stock market left many people confused, perhaps it was an overreaction to high prices. The corrections from the US Department of Labor data are not new; the market's reaction has indeed been somewhat excessive. After a two-day weekend break, market sentiment has already eased.
Last Friday, Trump ordered the dismissal of the head of the Bureau of Labor Statistics, Erika, due to dissatisfaction with the "fake" employment data released by the Department of Labor, accusing her of manipulating the data to exaggerate employment figures. Following this incident, the probability of a rate cut in September surged to 89.1% (last time after Powell's speech, this figure was below 50%, see ["Powell Breaks Rate Cut Expectations, Ethereum Strongly Rebounds"] ( https://www.binance.com/zh-CN/square/post/27669079858802)). Sometimes, it must be said that this cunning old man Trump has his tricks: Isn't the Federal Reserve supposed to maintain independence? Doesn't the Federal Reserve like to let the data speak for itself? Well, I'm going to pull the rug out from under you and directly expose the data you rely on; now you have to cut rates.
As for Trump