🎉 #Gate Alpha 3rd Points Carnival & ES Launchpool# Joint Promotion Task is Now Live!
Total Prize Pool: 1,250 $ES
This campaign aims to promote the Eclipse ($ES) Launchpool and Alpha Phase 11: $ES Special Event.
📄 For details, please refer to:
Launchpool Announcement: https://www.gate.com/zh/announcements/article/46134
Alpha Phase 11 Announcement: https://www.gate.com/zh/announcements/article/46137
🧩 [Task Details]
Create content around the Launchpool and Alpha Phase 11 campaign and include a screenshot of your participation.
📸 [How to Participate]
1️⃣ Post with the hashtag #Gate Alpha 3rd
Tonight – A Decisive Turning Point for $BTC and Altcoin: Don't Be Fooled
The cryptocurrency market is on the verge of significant volatility as important developments are expected to take place tonight. This is a great opportunity for Market Makers (MM) to manipulate price fluctuations under the guise of hot news, potentially leading to sudden spikes or sharp corrections. To navigate this volatile period, it is essential to always be prepared and anticipate all possible scenarios. 💡 News denies Technical Analysis Historical patterns in the cryptocurrency cycle-whether rising or falling-prve that news events, not technical analysis, determine market trends at critical times. Market makers have significant influence and often overlook conventional chart patterns. To succeed in these volatile phases, it is necessary to understand their strategies rather than stick to charts. 📊 Current market sentiment and capital flow The Altcoin market is currently under significant pressure, with many investors liquidating positions for fear that Bitcoin ($BTC) may undergo a strong downturn. This concern is exacerbated as $BTC continues to climb to new highs, forcing Altcoins to struggle to keep up. Important figures to monitor: Altcoin Strength Index (ASI): 57 (Under 25 signals of Bitcoin Season, over 75 signals of Altcoin Season) ASI shows the neutral zone, indicating market equilibrium. Bitcoin Dominance: ~56% With dominance at this level, Altcoins must face a challenging environment. While not dire, the market is currently favoring Bitcoin. 🔮 Market scenarios may occur Bitcoin breakthrough ($90,000-$95,000): If $BTC surges to this level, Altcoins may face another wave of sell-offs as capital flows heavily into Bitcoin.Market Maker Shakeout: MMs can create another discount wave before allowing Altcoins to recover in a short period of time. This will test market reaction and remove liquidity. Recovery phase: If the psychology is stable, the market could recover in the next three days, creating opportunities for Altcoin to regain momentum. 🧠 How to always stay ahead in this market Be skeptical of people with significant influence (KOL): Many influential people and analysts may give speculative advice during this phase. Rely on your own research and judgment. Adapt to the market based on news: Understand that traditional technical analysis is currently only secondary. Update the latest news and monitor the reactions of the MM. Maintain emotional discipline: Approaching the market with a calm and objective mindset. Decisions made in panic often incur losses during volatile periods. 📌 Final thoughts The cryptocurrency market is a game of intelligence, especially at critical times like tonight. Remember that Market Makers are very good at exploiting fear and greed to gain an advantage. Always stay updated, keep calm, and predict their actions without falling into the trap of emotions. Whether the market is rising, falling, or consolidating, preparation is the best tool for you to successfully overcome this phase. DYOR! #Write2Win #Write&Earn $BTC {spot}(BTCUSDT)