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Enter Gate Square daily and click any trading pair or trading card within the content to complete a transaction. The top 10 users by trading volume will win GT, Gate merchandise boxes, position experience vouchers, and more.
The top prize: 50 GT.
: Falling out of its "safe zone"
24-hour volatility: BTC experienced a turbulent trading day within a wide range from $75,700 to $79,400.
Opening price this morning: Trading around $76,960.
Quick analysis: The fact that BTC failed to hold the $80K mark and retreated to the $76K region indicates that selling pressure is prevailing. The main reason stems from escalating geopolitical tensions in the Middle East (the Bandar Abbas port explosion - Iran), causing capital to withdraw from risky assets and seek "physical gold". If Bitcoin loses the psychological support level of $74.4K, it risks entering a short-term "winter" scenario.
⟠ Ethereum (ETH) & Altcoins: Double pressure
Ethereum: Currently trading at $2,220+, down sharply from last week.
Liquidation: The derivatives market just saw over $2.5 billion wiped out in the last 24 hours, mainly long orders (bets on an increase) for ETH and major altcoins like SOL and XRP.
#SachtonyMartket #ETH #BTC #ICP #GT