📢 Gate Square #MBG Posting Challenge# is Live— Post for MBG Rewards!
Want a share of 1,000 MBG? Get involved now—show your insights and real participation to become an MBG promoter!
💰 20 top posts will each win 50 MBG!
How to Participate:
1️⃣ Research the MBG project
Share your in-depth views on MBG’s fundamentals, community governance, development goals, and tokenomics, etc.
2️⃣ Join and share your real experience
Take part in MBG activities (CandyDrop, Launchpool, or spot trading), and post your screenshots, earnings, or step-by-step tutorials. Content can include profits, beginner-friendl
🌟 Main update (10/7/2025)
💰 Bitcoin (BTC):
Currently trading around $111,100, with a peak near $112,000, up ~0.3% on the day due to global "risk-on" sentiment and a weakening USD.
Has broken the price triangle (triangle breakout), confirming a bullish trend higher.
⛓ Ethereum (ETH):
Still maintaining the upward trend, trading around $2,640–2,650, could break up to the level of $2,800, continuing a 6% increase compared to the previous day.
🔼 Notable altcoins (SOL, XRP, CRO…):
Solana increased by ~+3.6%, indicating a concentration of capital flow into large altcoins and ETFs listed tokens.
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📈 The main impacts today
The Fed's ability to cut interest rates according to the minutes of the recent meeting has boosted the flow of money into crypto.
The risk-on mentality ( is spreading, encouraging investors to prefer traditional assets and crypto more.
Political weapon: CEO Ric Edelman and experts like Scaramucci still consider crypto a great opportunity — missing out could be riskier than participating.
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✅ Action suggestion
1. BTC around $112K: If it holds steady, the potential to continue conquering the milestone of $114–$143K is still open.
2. ETH at ~$2,650: It could break out to $2,800–3,000 if the volume increases significantly.
3. Altcoin: Choose SOL, XRP, CRO – leverage ETF cash flow and new listing news.
4. Risk management: Set stop-loss around technical support levels, monitor macroeconomic fluctuations and the flow of funds from the "waking up" wallet.
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💡 Quick conclusion
The market today clearly maintains an upward trend with BTC and ETH conquering new price levels, while altcoins are breaking out collectively. The combination of interest rate cut potential, ETF cash flow, and positive market sentiment creates strong momentum. Caution is still needed against small short-term corrections.
Wishing you effective trading — quickly update all crypto fluctuations here! 🚀