🍕 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
#ETH突破2700美元#
The deflationary effect of ETH is showing, is $2700 just the beginning?
ETH has once again risen above $2700, triggering a new wave of market attention on its "deflationary asset" attributes. Since the launch of EIP-1559, ETH has entered a "base fee burn" mechanism, where a portion of ETH is permanently destroyed with each transaction. Coupled with the strengthening of the staking mechanism, the circulating supply of ETH shows a trend resembling "quantitative tightening."
Data shows that the ETH burn rate in the past 30 days has exceeded the new issuance, resulting in a net decrease in overall supply. Assets that exhibit both "scarcity + utility" are gaining higher valuations in the market.
From a technical perspective, the daily candlestick chart of ETH has formed a breakout pattern, with the MACD showing a golden cross and the RSI re-entering the strong zone. If it can hold steady above 2700 dollars, the next target will be the psychological level of 2900 dollars, and it is even possible to challenge 3500 dollars within the year.
However, we must be vigilant of signs of short-term overheating in the market, as it has been rising for several consecutive days, and a pullback is also normal. In the long term, ETH's role as the infrastructure for Web3 will continue to strengthen, and its asset logic is gradually shifting from "speculation" to "value anchoring."