- Topic
54k Popularity
29k Popularity
53k Popularity
18k Popularity
49k Popularity
21k Popularity
7k Popularity
4k Popularity
99k Popularity
29k Popularity
- Pin
- 🎊 ETH Deposit & Trading Carnival Kicks Off!
Join the Trading Volume & Net Deposit Leaderboards to win from a 20 ETH prize pool
🚀 Climb the ranks and claim your ETH reward: https://www.gate.com/campaigns/site/200
💥 Tiered Prize Pool – Higher total volume unlocks bigger rewards
Learn more: https://www.gate.com/announcements/article/46166
- 📢 ETH Heading for $4800? Have Your Say! Show Off on Gate Square & Win 0.1 ETH!
The next bull market prophet could be you! Want your insights to hit the Square trending list and earn ETH rewards? Now’s your chance!
💰 0.1 ETH to be shared between 5 top Square posts + 5 top X (Twitter) posts by views!
🎮 How to Join – Zero Barriers, ETH Up for Grabs!
1.Join the Hot Topic Debate!
Post in Gate Square or under ETH chart with #ETH Hits 4800# and #ETH# . Share your thoughts on:
Can ETH break $4800?
Why are you bullish on ETH?
What's your ETH holding strategy?
Will ETH lead the next bull run?
Or any o
- 🧠 #GateGiveaway# - Crypto Math Challenge！
💰 $10 Futures Voucher * 4 winners
To join:
1️⃣ Follow Gate_Square
2️⃣ Like this post
3️⃣ Drop your answer in the comments
📅 Ends at 4:00 AM July 22 (UTC)
- 🎉 [Gate 30 Million Milestone] Share Your Gate Moment & Win Exclusive Gifts!
Gate has surpassed 30M users worldwide — not just a number, but a journey we've built together.
Remember the thrill of opening your first account, or the Gate merch that’s been part of your daily life?
📸 Join the #MyGateMoment# campaign!
Share your story on Gate Square, and embrace the next 30 million together!
✅ How to Participate:
1️⃣ Post a photo or video with Gate elements
2️⃣ Add #MyGateMoment# and share your story, wishes, or thoughts
3️⃣ Share your post on Twitter (X) — top 10 views will get extra rewards!
👉
Is there a possibility that the bull market in Bitcoin and Altcoins is over? Analysis Company Addresses Concerns, Shares Technical Details!
Cryptocurrency analysis firm Alphractal shed light on the ongoing market cycle by examining altcoin correlations and Bitcoin's current market position.
According to Alphractal's latest statement, altcoins have a stronger correlation with Bitcoin (BTC) and Ethereum (ETH). Historically, the negative correlation between BTC and altcoins has often acted as a warning sign, indicating potential risk in the market or a reversal of trend. This dynamic serves as a sensitivity indicator for both traders and investors.
The company also noted that, although altcoins based on the Ethereum network tend to have a more organic relationship with ETH, Ethereum's market behavior is less consistent compared to other altcoins.
The historical analysis of the eight-week (two-month) correlation of BTC-ETH reveals an interesting trend. When the correlation between the two assets is low, BTC tends to disrupt ETH's momentum. In many cases, significant changes occur in Bitcoin's trend following periods where ETH cannot follow BTC's movements.
Alphractal also noted that 90.8% of Bitcoin addresses are still profitable by taking into account their current status. Meanwhile, 4.5% of the addresses are at a loss, with the remaining percentage staying neutral. The company mentioned that in previous bull cycles, the percentage of addresses in loss sometimes exceeded 20%, but the broader market trend remained bullish.
In the current cycle, the loss percentages only exceeded 20% a few times, especially in August and September 2024. In comparison, in previous bull cycles such as 2017 and 2021, this metric was broken many times without indicating the end of the market uptrend.
Based on this data, Alphractal argues that even if Bitcoin undergoes further correction and a higher percentage of addresses enter a loss position, it does not necessarily indicate the end of the bull cycle. Historically, short-term downward trends within a broader bull cycle have been a natural occurrence.