🍕 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
BTC:
Recently, in the range of 64000-59059, the bulls launched the first wave of rebound and hit a new high of 68240. Judging by the small pullback starting at 68240, as long as it can stand above 68240 again, the bulls may concentrate their forces again, triggering a larger rally.
Overall, it is still regarded as an hourly correction and has not triggered a turning point on the daily level, so there is still no bearish stance on BTC.
ETH:
Compared to Bitcoin, Ethereum has fallen more and rebounded more. This shows that after the fall, there are still many people who have confidence in Ethereum, believing that Ethereum is more volatile than Bitcoin. So let's be honest and say that it's time to pay proper attention to Ethereum. This rally formed an uptrend with a high bottom low and a high top high earlier than Bitcoin.
Focus on strength at 3397, above this level means strong, below means weak. At the same time, it is necessary to pay attention to the bullish lifeline at 3140, if it falls below this level, Ethereum may continue to weaken the Bitcoin market, so it is recommended to choose to hold Bitcoin more prudently.
SOL:
SOL has been showing an overly strong trend and has not given the best chance of re-entry. For investors who already hold spot positions, don't leave the market easily. The 20 moving average on the daily line is around 160, and the ideal receiving range should be between 126-96.
AVAX:
AVAX is currently quietly showing strength, and the 47-52 support we mentioned earlier remains in effect for the time being. It is advisable to observe more, if Bitcoin or Ethereum can continue to lead the market today, then AVAX is likely to perform well in the future.