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- 📢 Gate Square #Creator Campaign Phase 2# is officially live!
Join the ZKWASM event series, share your insights, and win a share of 4,000 $ZKWASM!
As a pioneer in zk-based public chains, ZKWASM is now being prominently promoted on the Gate platform!
Three major campaigns are launching simultaneously: Launchpool subscription, CandyDrop airdrop, and Alpha exclusive trading — don’t miss out!
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📅 Time: July 25, 22:00 – July 29, 22:00 (UTC+8)
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Post original content (at least 100 words) on Gate Square related to
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Take part in MBG activities (CandyDrop, Launchpool, or spot trading), and post your screenshots, earnings, or step-by-step tutorials. Content can include profits, beginner-friendl
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✍️ Share your unique insights and join promotional interactions. To be eligible for any reward, you must also participate in Gate’s Phase 286 Launchpool, CandyDrop, or Alpha activities!
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Bullish Signal in Bitcoin: Surpassing This Price Will Initiate a New Strong Period! - Coin Bulletin
Bitcoin price may be preparing for a new rally with the increase in short-term investor (STH) activity that has triggered strong rises in the past.
Bitcoin (BTC) has recently begun to exhibit a accumulation (accumulation) structure similar to past significant price rises. In particular, the sudden increase in activities of short-term holders – STH( is being closely monitored in the market. In the past, this activity has laid the groundwork for noticeable rises in the prices of Bitcoin and major altcoins.
CryptoQuant analyst Crypto Dan stated in his latest analysis that similar movements occurred in Bitcoin in January and October of 2024. During these periods, the increase in short-term investor activity had brought significant rallies to the markets. Currently, a similar activity is being observed, and this situation could be an important rise signal for the market.
)# Critical indicator: STH activity
The activity of users defined as short-term investors who hold Bitcoin for a period of 1 day to 1 week is historically considered a strong rise leading indicator. The movements of this group of investors provide important clues about the market's direction in the near future.
If the current trend continues, Bitcoin is expected to surpass the 100 thousand dollar level, which is considered a critical threshold, and enter a strong rise period. Experts and analysts are closely monitoring these developments in Bitcoin to assess the sustainability of the trend.