📢 #Gate Square Writing Contest Phase 3# is officially kicks off!
🎮 This round focuses on: Yooldo Games (ESPORTS)
✍️ Share your unique insights and join promotional interactions. To be eligible for any reward, you must also participate in Gate’s Phase 286 Launchpool, CandyDrop, or Alpha activities!
💡 Content creation + airdrop participation = double points. You could be the grand prize winner!
💰Total prize pool: 4,464 $ESPORTS
🏆 First Prize (1 winner): 964 tokens
🥈 Second Prize (5 winners): 400 tokens each
🥉 Third Prize (10 winners): 150 tokens each
🚀 How to participate:
1️⃣ Publish an
Analyst: The current price level of ETH worth following is $1800, with ETF fund outflows limiting market recovery.
Odaily Planet Daily News Bifinex analysts said that the downward trend of ETH is driven by global uncertainty caused by US import tariffs, trade war concerns, and lack of developer activity on the Ethereum network. He explained: "For ETH, $1,800 will be a strong level worth following, however, the current dumping is not only seen on ETH, we also see the entire market adjusting as concerns about tariff impact hit all risk assets." Digital asset investment platform Nexo analyst Stella Zlatareva said that the challenges facing Ethereum have been further exacerbated, and the continuous outflow of funds from the Ethereum ETF has restricted the price recovery of the asset. She added, "ETH fell by 20% last week, causing its price to fall below the key $2,200 trend line that has supported its bull market recovery since 2022. Like Bitcoin, the modest price trend may be attributed to ETF fund outflows." (Cointelegraph)