Tap to Trade in Gate Square, Win up to 50 GT & Merch!
Click the trading widget in Gate Square content, complete a transaction, and take home 50 GT, Position Experience Vouchers, or exclusive Spring Festival merchandise.
Click the registration link to join
https://www.gate.com/questionnaire/7401
Enter Gate Square daily and click any trading pair or trading card within the content to complete a transaction. The top 10 users by trading volume will win GT, Gate merchandise boxes, position experience vouchers, and more.
The top prize: 50 GT.
 and BNB Chain ( with -50% trading ), Ethereum clearly dominates user activity.
---
✦ Futures market signals investor confidence
💹 Futures data reflects strong investor demand:
Open interest surged to 14.4M Ether (≈ $69B)
The premium for auntie futures has risen to 7%, with ( increasing from the bear market level of 4% to ).
Analysts point out that buyers have shown the highest aggression in over a month.
This futures momentum has enhanced Ethereum's resilience and confidence among leveraged traders.
---
✦ Powell's Federal Reserve remarks ignite risk appetite
🏦 The Federal Reserve's dovish shift at the Jackson Hole seminar sparked optimism:
It is expected that interest rates will decrease by (45% and may drop below 3.5% by 2026 ).
The 1.8% rebound of Nasdaq confirmed the renewed demand for risk assets.
The Ether price surged 33% in 30 days, liquidating $351 million in short positions.
This macroeconomic change has provided additional momentum for Ethereum's breakthrough rebound.
---
✦ Why the $5K Ether might arrive sooner than expected
⚡ Combination of:
Explosive network usage
Strong demand for futures
Improved risk sentiment
Laying the foundation for the next historical high of Ethereum.
As the price of Ether trading exceeds $4,800, many analysts believe that a strong rally breaking $5,000 could be just days, or even minutes away.
---
✦ Final Summary
The fundamentals and market positioning of Ethereum are stronger than they have been at any time in recent years. Competitors like BNB and TRON may have surpassed their 2021 highs, but ETH's momentum suggests it is poised to quickly catch up.
📌 The current question is not whether Ethereum will break $5,000, but rather by how much it will exceed that price.
$Auntie $BTC
---
#Token of Love: Cheer on Square & Win Tickets #Crypto Market Rebound #FOMC July Minutes