Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
BTC's recent market trend is indeed a bit hard to judge. It just surged to $96,000, and I thought the rally would continue, but the 24-hour increase dropped directly to 0.07%—a bit of a disappointing end. The upward momentum from earlier seems to have suddenly disappeared.
Interestingly, from a capital perspective, ETFs are still continuously absorbing inflows, and institutional buying hasn't stopped, indicating that large funds remain optimistic about the future market. However, the market performance has been so lackluster, and this contradiction is quite intriguing.
So now the question is: what do you think about this situation? Is it a normal short-term adjustment to accumulate energy for the next rally? Or is it really starting to pull back, requiring profit-taking to avoid risks? Should those holding positions stay firm or start to exit some? This decision is quite confusing for many people right now.