📢 Gate Square #Creator Campaign Phase 1# is now live – support the launch of the PUMP token sale!
The viral Solana-based project Pump.Fun ($PUMP) is now live on Gate for public sale!
Join the Gate Square Creator Campaign, unleash your content power, and earn rewards!
📅 Campaign Period: July 11, 18:00 – July 15, 22:00 (UTC+8)
🎁 Total Prize Pool: $500 token rewards
✅ Event 1: Create & Post – Win Content Rewards
📅 Timeframe: July 12, 22:00 – July 15, 22:00 (UTC+8)
📌 How to Join:
Post original content about the PUMP project on Gate Square:
Minimum 100 words
Include hashtags: #Creator Campaign
Recently, the crypto assets market has shown signs of turbulence. The price of Ethereum has slightly risen to $2447, but the overall market has still fallen by 3% in the past day, and market sentiment is becoming cautious.
This unstable situation is primarily due to the ongoing geopolitical tensions in the Middle East, coupled with the latest news that Judge Torres has rejected the settlement proposal between the U.S. Securities and Exchange Commission and Ripple, further exacerbating market uncertainty.
As a result, Ethereum fell by 2% this week, with a monthly decline reaching 8%. What worries investors even more is the appearance of a so-called "death cross" on the technical analysis charts, which is seen as an extremely negative signal in the Crypto Assets circle, indicating that a larger decline may be faced in the short term.
However, market experts remind investors to remain calm. Although the "death cross" is often seen as a negative signal, it may also indicate that the market is about to complete a round of reshuffling, clearing out some weak participants. It is worth noting that the fundamentals of Ethereum remain strong, and many analysts still hold a positive attitude towards its long-term development prospects.
In the current complex and ever-changing market environment, investors need to remain vigilant and closely monitor the changes in the global economic situation and regulatory policies, while also recognizing the inherent high volatility characteristics of the crypto assets market. Although challenges may be faced in the short term, Ethereum, as a leading smart contract platform, still holds promise due to its technological innovations and ecosystem development.