🔥 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
#加密生态动态追踪 $BTC $XRP $BNB
Recently, Bitcoin has been dropping sharply, and many people have been liquidated from long positions. But the underlying logic is quite straightforward—it is closely related to the macro environment.
With the interest rate hike cycle arriving, borrowing costs increase, and global liquidity begins to tighten. Against this backdrop, risk assets are the first to be affected, and funds are fleeing the cryptocurrency market. This is not some form of manipulation by major players; it is simply liquidity squeezing.
From the chart, Bitcoin showed clear short signals around the 93k-94k range and then directly fell to 89k. This rapid decline reflects the swift decline in risk appetite under a macro tightening environment.
For traders who want to continue participating, proactive positioning and timing are crucial.