📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
Recently, Trump announced the inclusion of encryption currencies into the 401k retirement plan, which has triggered a strong market reaction. Bitcoin prices have shown a significant rebound, having regained the EMA20 line on the daily chart, currently hovering around $115,000. This trend has led to a balance of bullish and bearish forces, making the market atmosphere more subtle.
If Bitcoin can further break through the $118,000 mark, investors may need to reassess their trading strategies. Some investors may consider reducing their short positions established around $120,000 and adjusting their stop-loss levels to slightly above $120,000.
Although there have been no losses on short positions so far, the market's failure to decline further has begun to affect the confidence of some investors. In this situation, closely monitoring today's closing will become key to assessing the future market direction.
Market participants generally believe that Trump's policy initiative may bring more institutional funds into the encryption market, thereby enhancing overall liquidity and stability. However, some analysts warn that the implementation of the policy will take time, and market volatility may intensify in the short term.
In the face of the current complex market environment, investors need to remain calm, manage risks effectively, and adjust their strategies promptly according to market changes. Whether bullish or bearish, they should closely monitor various technical indicators and fundamental factors in order to make more informed investment decisions.