#ETH Countdown To A New High#
Ethereum is racing to the top
Ethereum rose to $4,709 today, getting one step closer to the highest levels of 2025. The bullish sentiment in the market following Bitcoin's new ATH has also increased the buying appetite for ETH.
Current Market Outlook
• ETH: $4,709 Very close to the all-time high of $4,864.
• BTC: $120,396 Horizontal movement after the new ATH.
• Volumes in altcoins are clearly increasing.
Technical Levels
Support Levels
Resistance Levels
ETH
$4,650 – $4,680
$4,764 → $4,864
BTC
$118,500 – $119,200
$121,800 – $125,000
Short-Term Expectation
• B

#BTC Hits New ATH#
Historic Peak from Bitcoin
Bitcoin reached a record high price of $120,396 today.
The CPI data coming in below expectations and the strengthening of Fed rate cut expectations have brought buyers back onto the stage.
Market General Status
• BTC: $120,396 Slight profit-taking is observed after the new ATH.
• ETH: $4,696 is hovering near resistance levels.
• The total cryptocurrency market cap is approaching the $4 trillion mark again.
Technical Levels
Support and resistances;
BTC
$118,500 – $119,200
$121,800 – $125,000
ETH
$4,650 – $4,680
$4,764 → $4,900
Short-Term Expec

No Surprise on Inflation in the US, Markets Relaxed 📊
The US inflation data for July has been released. The annual CPI remained at 2.7%, maintaining the level of June, and was slightly below the market expectation of 2.8%.
📌 Key figures:
Headline Inflation (Annual ): %2.7 – Slightly below expectations
Core Inflation (Annual ): %3.1 – Slightly above expectations
Monthly CPI: 0.2% – Consistent with forecasts
Monthly Core CPI: 0.3% – Met expectations
💹 Market Reaction:
The Dollar Index closed at 98.35, down 0.15%.
USD/CHF has become the most depreciated pair (-%0.35)
EUR/USD rose towards 1.165

Big Move from Circle: Arc Blockchain! 🚀
Circle has announced its new project Arc, which will make waves in the crypto world. This new Layer-1 blockchain operates on the Ethereum Virtual Machine (EVM) and uses USDC as the gas token for all transactions. This means that USDC will now be at the center of both payment and asset tokenization operations.
Arc comes fully integrated with Circle's Payment Network. This will enable fast, low-cost stablecoin and currency transfers. According to the litepaper, it achieves 3,000 TPS speed and transaction times under 350 ms with 20 validators. With smaller

#ETH Breaks $4700#
Ethereum has reached a critical level today, surpassing $4,659.
In the last 24 hours, ETH has recorded an increase of over 8% with a strong buying wave, continuing into August with bullish momentum.
The highest level during the day was $4,674, and the lowest was $4,265.
Support & Resistance Levels
Resistances:
• $4,764 – The first level likely to be tested in the short term
• $4,910 – The next target if the rise gains momentum
• $5,196 – Long-term psychological threshold, if broken, potential for new ATH
Supports:
• $4,433 – Daily trend support
• $4,068 – Medium-term p

#BTC Market Cap Tops Amazon#
Bitcoin's market value has surpassed that of Amazon, one of the tech giants.
This development is a sign that the cryptocurrency market has now become a serious financial power on a global scale, not just an alternative investment vehicle.
Highlights
• The BTC price reached 118,566 dollars.
• The total market capitalization surpassed 2.33 trillion dollars, exceeding Amazon's market value of 1.97 trillion dollars.
Investor interest is particularly increasing on the institutional side.
Market commentary
This threshold proves that crypto assets have reached a comparab

#ETH Breaks $4,300#
Ethereum boosted investors' morale by surpassing the $4,300 level during the day.
This breakdown is seen as a signal that the market may revive again after the horizontal movement in recent weeks.
Key levels
• Support: $4,200 – $4,250
• Resistance level: $4,350
• Target range: $4,450 – $4,500
Technical view
The volume increase is noticeable in the 4-hour chart.
The RSI is still not in the overbought zone, which indicates that there is room for the rise to continue.
However, if there is a pullback below $4,200, a loss of momentum may occur.
While the overall market demand

#Trump Allows 401(k) Crypto Investing#
A noteworthy development occurred in the crypto world. Former US President Donald Trump took a step allowing individual retirement accounts to invest in cryptocurrencies through (401k). This change opens a new door, especially for investors looking to diversify their portfolios and invest for the long term.
The inclusion of cryptocurrencies in retirement funds can facilitate access to these assets for both institutional and individual investors. However, it is important to remember that this opportunity also brings volatility and market risks.
Bitcoin $BT

#Join Copy Trading Share to Win $2,000#
The copy trading feature is a powerful tool, especially for beginners or investors who do not have the time to actively trade in the market. By closely following the strategies of successful investors, you can gain trading practice as well as potential profits.
In this campaign, participants can share copy trading for a chance to receive a share from the $2,000 prize pool for the designated period. The more shares and trading activities, the higher the chance of winning.
The most important points to pay attention to in a copy transaction:
• Strategy Sel

#Altcoins Rally#
There has been a calm atmosphere in the market for a long time.
In the last two days, however, volumes on the altcoin side have started to gradually increase. Some charts are giving technically positive signals.
🔍 Highlights
• SOL reached the $195 level, with a 32% increase in daily volume
• SEI has recovered from support, and a bullish area has formed in the short term.
• ARB around $0.418; the $0.42 region is an important technical level
• Movements between 8-15% were observed in medium-sized projects.
📊 Technical Outlook
BTC is still determining the general direction.

#Gate & WLFI USD1 Points Program#
Gate has launched a new program that rewards its users with USD1 Points in collaboration with WLFI. This system increases users' reward potential by distributing WLFI USD1 Points in exchange for certain transactions made on the platform.
USD1 Points can be used to obtain various advantages and rewards within the platform. The program creates an additional income opportunity, especially for users who actively trade and contribute to the Gate ecosystem.
To take advantage of this opportunity, it is enough to make a transaction by meeting the necessary criteria in