Good morning, yesterday's market showed a volatile downward trend, which continued until the evening. Although it did not break out of a major downward movement, there was a breakdown in the pattern. The market will continue to show a rebound and pullback trend on the daily chart. However, after yesterday's decline, it is expected that there will be some rebound during the day today, with the pressure on the rebound mainly around 108500-109000. After the rebound, a downward adjustment is likely to continue, with the main support below around 105800.

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🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
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🎁 4 winners split $100 Futures Voucher!

💙 Gate Square #Gate Blue Challenge# 💙
Show your limitless creativity with Gate Blue!
📅 Event Period
August 11 – 20, 2025
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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.
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