🔥 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 Last night, the US stock market experienced a significant decline, driven by two overlapping factors.
First, expectations of a yen interest rate hike are approaching, leading to tight market liquidity. The US stock market encountered a wave of capital sell-offs at the open, pulling down the entire financial market. Second, a prominent top influencer increased their long positions again, an action that has been recognized by traders as a hallmark contrarian indicator—every time they heavily long, the market tends to crash afterward.
Since the US stock market is closed on Saturday, liquidity is even more scarce, making a bearish outlook the mainstream view in this environment. Ethereum is currently stuck in a consolidation range between 3060-3100, with resistance at the 3200 level. If it cannot break through, the probability of further decline increases. In the short term, technical analysis still indicates a bearish trend.