🎉 The #CandyDrop Futures Challenge is live — join now to share a 6 BTC prize pool!
📢 Post your futures trading experience on Gate Square with the event hashtag — $25 × 20 rewards are waiting!
🎁 $500 in futures trial vouchers up for grabs — 20 standout posts will win!
📅 Event Period: August 1, 2025, 15:00 – August 15, 2025, 19:00 (UTC+8)
👉 Event Link: https://www.gate.com/candy-drop/detail/BTC-98
Dare to trade. Dare to win.
Ethereum (ETH) – Analysis on 28/07/2025
📊 Price & market situation
• The recent price has fluctuated around $3,880 USD, decreasing slightly by ~0.4–0.5% over the day.
• Estimated 24h trading volume $32–39 billion USD, market capitalization approximately $460–470 billion USD
💹 Technical analysis
• Daily Frame → Strong Buy; while the short-term frame (1 minute to 5 hours) is mainly Strong Sell / Sell
• On the Vietnamese platform Investingcom: a summary of 9/11 technical indicators is currently Strong Buy.
• ETH tends to form new highs and lows during the mid-term uptrend, but a pullback warning may still occur during the growth journey.
🏛️ Market sentiment & capital flow
• Institutional capital is flowing strongly into ETH, continuing to test the resistance area of $3,900–4,100 USD
• SharpLink Gaming has added 77,210 ETH to the fund, bringing the total holdings to 438,017 ETH ($1.69 billion USD)
• The news of Bitcoin ETF and overall market risk sentiment may impact ETH, according to reflections from the WSJ market bubble report.
🎯 Target price scenario
• 🌑 Conservative: ETH could reach $8,000 USD in Q4 if the upward trend is sustainable.
• 🌕 Optimistic: Target $13,000 USD if a strong uptrend spreads across the market
✅ Quick summary
🔥 ETH today: ~$3,880 (-0.4%)
📉 Technical: Daily → Strong Buy, short term → Sell Alert
🏢 Institutional capital flow: SharpLink increases its holdings
> Resistance: $3,900–4,100, possibility of retest
🎯 Q4 Forecast: Conservative $8K / Optimistic $13K
⚠️ Note on risk: Pullbacks & market bubbles may occur.
#Gate Launchpad List IKA# #ETH Back to $3,800# #Simple Earn Annual Rate 24.4%#