[//]:content-type-MARKDOWN-DONOT-DELETE ![](https://gimg2.gateimg.com/image/wz_en202508191456105623677469.webp) * Market Commentary: On August 19, BTC is around 115,900 USDT, with short-term support at 115,800 USD and resistance at 118,500–119,000 USD; ETH is around 4,358 USDT, with key support at 4,270 USD and short-term rebound potential at 4,450–4,500 USD. BTC failed to break resistance last week and pulled back, while ETH also retreated near 4,270 USD. On August 18, BTC ETFs saw a net outflow of $121 million, and ETH ETFs net outflow reached $196 million. * Trending Tokens: Low market cap tokens surged. WKC +56.57% (market cap $86.66M), BSU +39.06% (market cap $29.93M), WAVES +23.43% (market cap $140M). Gains were driven by community growth, increased trading activity, and deflationary or ecosystem upgrades. * Alpha Insights: BitMine ETH holdings surpassed $6.6B, though its stock fell 7%; Bless launched the $TIME airdrop, allocating 10% of total supply at mainnet launch; Stellar Development Foundation invested in Archax to promote RWA tokenization; Waves announced “Waves Summer 2025” plan to advance AI-native, L2 integration, and institutional adoption. * Gate Launchpool: TCOM Global subscription ends August 23, 12:00 (UTC). Users can stake USDT or TCOM to claim 900,000 TCOM airdrop. TCOM is the world’s first decentralized IP governance protocol, starting with 65 classic IPs from Osamu Tezuka, redefining IP creation and value distribution. Discover more details today → Gate Research: Bless $TIME Airdrop Launch | ETH ETF Outflows Intensify Gate Research is a comprehensive blockchain and cryptocurrency research platform that provides deep content for readers, including technical analysis, market insights, industry research, trend forecasting, and macroeconomic policy analysis. **Disclaimer** Investing in cryptocurrency markets involves high risk. Users are advised to conduct their own research and fully understand the nature of the assets and products before making any investment decisions. Gate is not responsible for any losses or damages arising from such decisions.
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