🔥 Gate Square Event: #PostToWinNIGHT 🔥
Post anything related to NIGHT to join!
Market outlook, project thoughts, research takeaways, user experience — all count.
📅 Event Duration: Dec 10 08:00 - Dec 21 16:00 UTC
📌 How to Participate
1️⃣ Post on Gate Square (text, analysis, opinions, or image posts are all valid)
2️⃣ Add the hashtag #PostToWinNIGHT or #发帖赢代币NIGHT
🏆 Rewards (Total: 1,000 NIGHT)
🥇 Top 1: 200 NIGHT
🥈 Top 4: 100 NIGHT each
🥉 Top 10: 40 NIGHT each
📄 Notes
Content must be original (no plagiarism or repetitive spam)
Winners must complete Gate Square identity verification
Gat
#数字资产生态回暖 The 2025 Bitcoin market is filled with roller coaster stories. From the beginning of the year to October, this wave of行情 was smooth sailing, with the highest reaching 126,000 USD, setting a new all-time high. Many people were envious at that moment. Turning to November, the market suddenly changed direction, with a monthly decline of over 16%, marking one of the most brutal monthly performances in recent years. The cause? Spot BTC ETF experienced a record-breaking outflow of funds (over 3.5 billion USD outflow in November), uncertain Federal Reserve policies, coupled with a pullback in tech stocks, especially the AI sector, casting a shadow over the entire market in a risk-averse atmosphere.
In December, the situation worsened even more, with prices briefly falling below 90,000 USD and even approaching the key support at 86,000 USD. However, the decline was followed by a rebound. Currently, the price fluctuates between 83,000 and 95,000 USD, with short-term resistance at 93,000-95,000 USD and support at 86,000-88,000 USD.
From a positive perspective, the halving effect in 2024 is still fermenting. Bitcoin's scarcity attribute remains, institutional holdings are stable, and improved policy expectations have given the market some room for imagination. But right now, market sentiment is indeed tense, with the Fear & Greed index lingering in the fear zone, and technical signals also indicating many bear market signs. However, in a longer-term view, the upward trend still exists, and this correction may just be another phase of accumulation before the next rally.