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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!
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Post every day for 7 days with an overall quality score above 90 to qualify for S-Level.
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Launching our global domain Gate.com, alongside a brand-new logo!
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✨ Three Pillars of Our Strategic Upgrade
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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
#山寨币季节指数升至24# Recently, the market seems a bit off. Bitcoin is rising sharply and is about to break its historical high, but the alts are languishing. Just take a look at the "Altcoin Season Index" to understand; it just rebounded to 43, and now it has fallen back to 24 — this indicates that the current trend is "Bitcoin in charge, alts sidelined."
When this index is high, it means that altcoins have risen sharply compared to Bitcoin; When the index is low, all the funds run back to Bitcoin. Just like in December last year, when the index rose to 87, when altcoins simply went crazy, and now that the market has cooled down, everyone doesn't dare to mess around. HOWEVER, ALTCOINS ARE NOT ALL IMPOSSIBLE, IN THE PAST 3 MONTHS, THERE ARE STILL 24 COINS IN THE TOP 100 PROJECTS BY MARKET CAPITALIZATION THAT HAVE RISEN SHARPLY THAN BITCOIN, SUCH AS FARTCOIN, FORM, AND VIRTUAL, ALTHOUGH MANY PEOPLE HAVE NOT HEARD OF THEM, BUT IT SHOWS THAT THE MARKET IS DIFFERENTIATING, SOME COINS HAVE SECRETLY RISEN, AND SOME ARE STILL LYING ON THEIR STOMACHS. So don't think that altcoins can be chased casually when you see Bitcoin rising, and now it is a market dominated by Bitcoin.
Whether alts can rise depends on the presence of themes, popularity, and funding. Blindly buying with all funds can easily lead to being trapped. It may only be when the "altcoin season index" returns to above 50 that the real altcoin market has arrived.
Now you should either invest in new coins with clear themes (such as AI, L2, GameFi, etc.), or hold onto BTC or mainstream infrastructure coins (like sol, sui, link, uni, etc.), and not mess around. Don't be reluctant to sell just because your coins have been stuck for a long time; you need to see if the project has real competitiveness. Those underlying project coins that have been tested by the market, no matter how they are speculated later, will not perform too badly. Don't buy randomly just because you feel itchy!