🎉 #Gate Alpha 3rd Points Carnival & ES Launchpool# Joint Promotion Task is Now Live!
Total Prize Pool: 1,250 $ES
This campaign aims to promote the Eclipse ($ES) Launchpool and Alpha Phase 11: $ES Special Event.
📄 For details, please refer to:
Launchpool Announcement: https://www.gate.com/zh/announcements/article/46134
Alpha Phase 11 Announcement: https://www.gate.com/zh/announcements/article/46137
🧩 [Task Details]
Create content around the Launchpool and Alpha Phase 11 campaign and include a screenshot of your participation.
📸 [How to Participate]
1️⃣ Post with the hashtag #Gate Alpha 3rd
Analyst: The current price level of ETH worth following is $1800, with ETF fund outflows limiting market recovery.
Odaily Planet Daily News Bifinex analysts said that the downward trend of ETH is driven by global uncertainty caused by US import tariffs, trade war concerns, and lack of developer activity on the Ethereum network. He explained: "For ETH, $1,800 will be a strong level worth following, however, the current dumping is not only seen on ETH, we also see the entire market adjusting as concerns about tariff impact hit all risk assets." Digital asset investment platform Nexo analyst Stella Zlatareva said that the challenges facing Ethereum have been further exacerbated, and the continuous outflow of funds from the Ethereum ETF has restricted the price recovery of the asset. She added, "ETH fell by 20% last week, causing its price to fall below the key $2,200 trend line that has supported its bull market recovery since 2022. Like Bitcoin, the modest price trend may be attributed to ETF fund outflows." (Cointelegraph)