📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
🎓 Market Update
We’re moving according to the forecast from the video review. BTC reached the 120–122K zone and showed a solid short reaction from there. A drop to 117K is possible. ETH, as usual, is showing more strength and is just consolidating in a sideways range.
What’s next? It depends on today’s macro data. CPI inflation figures are coming out today — against the backdrop of Trump putting pressure on the Bureau of Labor Statistics (BLS).
💼 The new head of the BLS is an economist loyal to Trump. If he delivers inflation numbers favorable to Trump, it could push the Fed to cut rates as early as September.
As Eric has written many times: Trump won’t give up and will find a way to pressure Jerome Powell without directly firing him.
We’re eagerly waiting for the data, and only after that will we make trading decisions.