🎉 #Gate Alpha 3rd Points Carnival & ES Launchpool# Joint Promotion Task is Now Live!
Total Prize Pool: 1,250 $ES
This campaign aims to promote the Eclipse ($ES) Launchpool and Alpha Phase 11: $ES Special Event.
📄 For details, please refer to:
Launchpool Announcement: https://www.gate.com/zh/announcements/article/46134
Alpha Phase 11 Announcement: https://www.gate.com/zh/announcements/article/46137
🧩 [Task Details]
Create content around the Launchpool and Alpha Phase 11 campaign and include a screenshot of your participation.
📸 [How to Participate]
1️⃣ Post with the hashtag #Gate Alpha 3rd
Analysis: BTC technical indicator shows that BTC is expected to reach the top of the price cycle in mid-July 2025.
PANews reported on January 13 that according to Cointelegraph, BTC fell by 3% in the last 24 hours and 8% in the last week. However, market analysts believe that such a decline in BTC in January is not surprising. They believe that based on key technical indicators, the bull run may recover, and the BTC price is expected to peak in mid-July 2025. Prominent BTC analyst Dave the Wave pointed out that based on the trend of the 52-week Simple Moving Average (SMA), BTC still has upward potential. Despite recent studies and data providing different predictions, BTC has been following a logarithmic growth curve (LGC). When the 52-week SMA touches the middle track of the LGC channel, BTC price usually reaches its peak. In his post on January 13th, Dave the Wave mentioned that when the one-year moving average touches the midpoint of the LGC channel, the BTC price reaches its peak, which suggests that BTC may reach a new high in the middle of the year. He predicts that the top of BTC in 2025 may occur a few days to a few months before or after the one-year SMA crosses the LGC midline, around mid-July. In addition, he believes that a less steep one-year moving average indicates that the market is maturing.