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- ๐ต #Can BTC Break $110K?#
Bitcoin recently broke above $107,000 and is currently trading around $105,000, just shy of its all-time high at $109,580. Do you think Bitcoin can set a new record and push past $110,000? Share your analysis and predictions with us!
๐ต #AI Token Market Cap Rebounds#
According to CoinGecko, the total market cap of the AI agent sector has rebounded to $6.862 billion, with a 1.2% increase in the past 24 hours. Notably, VIRTUAL surged 18.5%, and AI16Z rose 7.1%. Which AI tokens are you bullish on? How are you planning your portfolio strategy? Letโs hear your thoughts! - ๐ข Gate Post Ambassador are Now Actively Recruiting! ๐ฅ
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- ๐ 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!
๐ Event Duration:
May 16, 2025, 8:00 AM โ May 23, 2025, 06:00 PM UTC
๐ฏ How to Participate:
Post on Gate Post with the hashtag #Bitcoin Pizza Day# during the event. Your content can be anything BTC-related โ here are some ideas:
๐น Commemorative:
Look back on the iconic โ10,000 BTC for two pizzasโ story or share your own memories with BTC.
๐น Trading Insights:
Discuss BTC trading experiences, market views, or show off your contract gai
Viewpoint: ETH rise is dominated by short positions covering, not driven by new long positions.
PANews May 16 reported that Sui Chung, CEO of crypto index provider CF Benchmarks, stated that the recent rise in ETH is mainly driven by short positions covering, rather than institutions establishing new long positions. The annualized basis for CME Ethereum futures remains in the range of 6%-10%, indicating a lack of leveraged long momentum in the market. Additionally, the U.S. Spot ETH ETF recorded net inflows on only ten trading days over the past four weeks, with a single day exceeding $100 million only once. Chung mentioned that this round of rise reflects more risk aversion and position adjustments, rather than new market demand.