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- 🔥 Gate Post Ambassador Exclusive Posting Reward Task Is On!
👉 Post daily from May 19 to May 25 and share a $300 prize pool based on your post quality!
Join now: https://www.gate.io/questionnaire/6679
Registration deadline: May 20 10:00 UTC
🎁 Reward Details:
S-Level Weekly Ranking Reward
Post every day for 7 days with an overall quality score above 90 to qualify for S-Level.
2 outstanding ambassadors will each receive a $50 trading fee rebate voucher.
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Based on the number of posts and their quality, ambassadors will be ranked and rewarded accordingly:
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- Gate Brand Strategy Major Upgrade
Launching our global domain Gate.com, alongside a brand-new logo!
With a cleaner, more distinctive, universally recognized visual identity, we're moving from industry leader to true pace-setter.
✨ Three Pillars of Our Strategic Upgrade
1. User First: Serving 23 million users worldwide, with a reserve ratio of 128.57%, solidly among the top in the industry.
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- 🍕 Bitcoin Pizza Day is Almost Here!
Join the celebration on Gate Post with the hashtag #Bitcoin Pizza Day# to share a $500 prize pool and win exclusive merch!
📅 Event Duration:
May 16, 2025, 8:00 AM – May 23, 2025, 06:00 PM UTC
🎯 How to Participate:
Post on Gate Post with the hashtag #Bitcoin Pizza Day# during the event. Your content can be anything BTC-related — here are some ideas:
🔹 Commemorative:
Look back on the iconic “10,000 BTC for two pizzas” story or share your own memories with BTC.
🔹 Trading Insights:
Discuss BTC trading experiences, market views, or show off your contract gai
#比特币披萨节# From a short-term market perspective, the price previously reached the prior high resistance level, showing an overall long positions trend. However, while the price shows signs of accelerated pump, there is a risk of a short-term pullback at any moment.
If the price pulls back to the support level around 104000 and stabilizes, you may consider adding positions. Hold some positions in the short term to observe, while also being wary of the risks of short-term pullbacks. Set stop losses reasonably to guard against adjustments after excessive price expansion.
influencing factors
Market sentiment and investor behavior: The price fluctuations in the Bitcoin market are significantly influenced by investor sentiment. This decline may be affected by market volatility and investor sentiment, with the specific reasons still under observation. Investors' expectations, confidence, and trading behaviors directly impact the price trends of Bitcoin.
Macroeconomic Indicators: On May 16, after the US stock market closed, Moody's downgraded the US sovereign credit rating from Aaa to Aa1 due to an increase in the proportion of US government debt and interest payments. All three major international credit rating agencies downgraded the US. Following the news, speculative risk assets such as cryptocurrencies also experienced a plunge, with Bitcoin dropping from above $104,000 to around $102,600.
Changes in macroeconomic indicators can affect investors' allocation and demand for risk assets, thereby impacting the price of Bitcoin.
Industry risk events: Recently, there have been multiple cases of kidnappings involving wealthy individuals in the cryptocurrency sector. However, experts point out that such incidents are a physical security risk stemming from the direct exposure of private wealth during the industry's growth process, and their impact on asset prices themselves is limited. The price fluctuations of virtual assets are still primarily driven by core variables such as macro liquidity, policy expectations, and institutional allocation behavior.