📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
📌 How to Participate
Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
Add hashtag: #PUBLIC Creative Contest#
Include screenshots of your Launchpool participation (e.g., staking record, reward
#ETH# **Leverage Liquidation Pressure**: Approximately $1.2 billion in long positions is concentrated in the $2,500-$2,600 range, and price fluctuations can easily trigger a chain liquidation.
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### 🔮 4. Today's Trend Prediction
- **Neutral to Bearish Scenario (60%)**: ETH is expected to fluctuate within the range of $2,434-$2,535 during the day. If it breaks the $2,434 support, it may decline to $2,300 (weekly Fibonacci support).
- **Breakthrough Scenario (40%)**: If it breaks out with volume above $2,560 and is accompanied by accelerated ETF inflows, the short-term target is $2,648, followed by a challenge at $2,745.
> 💎 **Trading Suggestions**: Short-term traders should pay attention to the support at $2,434 and the resistance breakthrough at $2,560; range trading can be done before the breakthrough. Medium to long-term investors can accumulate positions on dips, with stop-loss set below $2,300. It is essential to closely monitor the evening's US inflation data and SEC policy movements.