📢 Gate Square #Creator Campaign Phase 1# is now live – support the launch of the PUMP token sale!
The viral Solana-based project Pump.Fun ($PUMP) is now live on Gate for public sale!
Join the Gate Square Creator Campaign, unleash your content power, and earn rewards!
📅 Campaign Period: July 11, 18:00 – July 15, 22:00 (UTC+8)
🎁 Total Prize Pool: $500 token rewards
✅ Event 1: Create & Post – Win Content Rewards
📅 Timeframe: July 12, 22:00 – July 15, 22:00 (UTC+8)
📌 How to Join:
Post original content about the PUMP project on Gate Square:
Minimum 100 words
Include hashtags: #Creator Campaign
Data Analysis:
According to the current liquidation map, there was a surge in the market last night that cleared many short positions. The market is currently dominated by long positions. Based on the current Bitcoin price around $111,200, if the market fluctuates up and down by $2,000 and rises to around $113,200, it is expected that the cumulative amount of short positions that can be liquidated is approximately $936 million. Conversely, if the market falls to around $109,200, the cumulative amount of long positions that can be liquidated is expected to be about $1.37 billion.
The Bitcoin spot ETF saw an inflow of 15.8 million USD yesterday, while the Ethereum spot ETF had an inflow of 23.2 million USD yesterday.
Market View:
Market Direction: Short-term volatility looks bullish. Following the influence of the Federal Reserve meeting minutes last night, the market quickly surged due to favorable news, reaching around $112,000, which also set a new high price. At the same time, Ethereum and most mainstream altcoins also experienced a surge, breaking out of the range-bound volatility, making the overall market more positive and active. Personally, I believe the market will continue to rise, so in terms of contract strategy, mainly look to buy on dips, and of course, remember to set stop-losses.
In addition, with Trump announcing tariffs on several developing countries last night, the overall impact on the market is relatively small. It is important to pay attention to which countries Trump will impose tariffs on in the future, so keep an eye on news related to Trump during this time.
Subscription Benefits:
Welcome family members to activate the subscription to enjoy the benefit of planning ahead together. At the same time, the subscription also includes contract strategies for ETH and SOL. Don't just be tempted, take action and subscribe quickly~