💞 #Gate Square Qixi Celebration# 💞
Couples showcase love / Singles celebrate self-love — gifts for everyone this Qixi!
📅 Event Period
August 26 — August 31, 2025
✨ How to Participate
Romantic Teams 💑
Form a “Heartbeat Squad” with one friend and submit the registration form 👉 https://www.gate.com/questionnaire/7012
Post original content on Gate Square (images, videos, hand-drawn art, digital creations, or copywriting) featuring Qixi romance + Gate elements. Include the hashtag #GateSquareQixiCelebration#
The top 5 squads with the highest total posts will win a Valentine's Day Gift Box + $1
⚠️|| Bitcoin "DOOM" Dome is Back – Will History Repeat? 🔮
The crypto market is buzzing again as traders spot a familiar bearish pattern on Bitcoin’s chart — the infamous “Doom Dome.” 🏰 This ominous formation has historically signaled exhaustion in bullish momentum, followed by sharp reversals. But is it really doom ahead, or just another psychological trap before the next breakout? Let’s break it down.
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💣 ★ What is the "DOOM" Dome?
The “Doom Dome” refers to a rounded top structure on Bitcoin charts, where price action slowly curves down after a sharp rise.
It often reflects waning buyer strength and distribution by big players.
Historically, it has preceded short-term corrections — sparking fear among retail traders.
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📉 ★ Why Traders Fear It
Past Events: Multiple past “doom domes” have resulted in 20–40% declines before recovery.
Psychological Impact: Traders panic when they see the rounded structure forming, leading to self-fulfilling sell-offs.
Media Amplification: The term “doom dome” spreads fast, adding fuel to fear.
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📊 ★ Current Market Signals
Bitcoin Price: Trading in the $110K region with choppy consolidation.
Volume Trends: Declining buying volume hints at possible weakness.
Derivatives Data: Funding rates remain elevated, showing overleveraged longs may get wiped out if selling accelerates.
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⚡ ★ The Bullish Counterargument
Some analysts argue the “doom dome” is a false fear indicator.
Instead of collapse, Bitcoin has often broken higher after initial dips.
Long-term momentum remains bullish with strong institutional inflows.
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🔮 ★ What’s Next for Bitcoin?
If history repeats, Bitcoin could face a steep pullback before recovering.
But if bulls defend key levels, the “doom dome” could fail as a bearish signal, trapping shorts.
All eyes are on the $105K–$108K support zone — a breakdown may trigger panic, while a bounce could fuel another rally.
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🏁 ★ Final Thoughts
The “Doom Dome” is back in Bitcoin’s narrative, striking fear across the charts. But just like every cycle, patterns can mislead — what looks like doom may just be the calm before the next storm upward. 🚀
👉 Traders should stay cautious, manage leverage, and avoid emotional trading.
👉 Remember: Bitcoin feeds on fear and greed — whichever dominates will write the next chapter.
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$BTC $ETH #Gate Square Qixi Celebration# #Commerce Dept. Goes On-Chain# #Google Cloud Unveils L1 chain GCUL#