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Recently, the price of Dogecoin (DOGE) has been under continuous pressure. Data shows that DOGE has fallen about 2% in the past 24 hours, with a total decline of over 12% in the past month. Although the overall price structure still leans bearish, the downward momentum is slowing, and the market is approaching a critical decision point. In the next few trading days, it will be determined whether Dogecoin's price breaks below a key support level or stabilizes near the current position.
From a technical perspective, Dogecoin is currently operating along the lower boundary of a descending channel and has formed a typical bearish flag pattern. If the support in the $0.124–$0.120 range is broken, the price may further decline. However, on-chain data indicates that the so-called "breakdown zone" has not been fully confirmed, and short-term selling pressure is undergoing structural changes.

On-chain data presents a fascinating phenomenon: the total network hash rate of DOGE has significantly declined, while the miners who remain steadfast have seen their earnings double—an almost 40% month-over-month increase. The logic behind this is actually quite harsh—some miners have chosen to shut down under short-term volatility pressures, leading to a spontaneous market cleanup.
Meanwhile, another signal comes from the space sector. Elon Musk has officially confirmed that the launch window for the "DOGE-1" lunar mission has been locked in for the end of 2025—this is no longer a joke but a real commercial plan. For the first time in history, space services paid directly with cryptocurrency are about to become a reality.
Interestingly, the market's reaction has been surprisingly calm. Compared to the crazy times of 2021 when a single tweet could rally 30%, this "moon landing" news only stirred a gentle ripple. This temperature difference itself indicates one thing: **The revaluation of Meme coins is undergoing a test of reality**.
If DOGE-1 truly succeeds in reaching the Moon, what does it mean? First, a breakthrough in identity—from a meme coin online to an asset that has actually paid for space services. Second, an elevation in narrative—opening a window for cryptocurrency to be applied in real commercial scenarios, and even in broader economic fields.
Currently, DOGE stands at a complex crossroads: macro tightening by the Federal Reserve is suppressing risk assets, and technical indicators are repeatedly confirming critical levels. It is no longer just an emotional proxy asset but is also using a real physical event to perform an ultimate valuation of its own worth.
So the question boils down to this: Do you think this "moon landing" is a turning point for DOGE to shed its joke label and truly initiate a revaluation of its value? Or is it just another classic pattern of "good news exhausted, then a reversal"?

How should a person spend their life?

https://www.gate.com/activities/watch-to-earn/?now_period=13&refUid=12265165
Son 4 gün, don't forget to use your points 🥰

Ray Dalio: Central banks are unlikely to hold Bitcoin.
In a podcast with Nikhil Kamath, Ray Dalio stated that Bitcoin is unlikely to be a core asset for central banks.
Reasons for caution according to Dalio:
⬅️Transaction Transparency
⬅️Long-term hacking risks
Macro conservative opinion... at a time when the debate continues between those who see it as a sovereign asset and those who see it as only an investment asset #Gate2025AnnualReportComing $BTC

#BitcoinLiquidity Understanding BTC Market Depth and Stability (Updated December 2025)$BTC $GT $ETH
Bitcoin liquidity refers to how easily BTC can be bought or sold in the market without causing a major price change. High liquidity allows large orders to be executed smoothly, while low liquidity can result in sharp price swings and increased volatility.
In crypto markets, liquidity is a key indicator of market health. Strong liquidity ensures tighter spreads, faster order execution, and more reliable price discovery. Bitcoin, due to its long history, global adoption, and presence on almost every major exchange, is consistently the most liquid cryptocurrency in the world. This gives BTC a significant edge over altcoins in terms of trading depth and stability.
🔹 Components of Bitcoin Liquidity
Bitcoin liquidity arises from a combination of:
Spot trading volume — active buying and selling in the market.
Derivatives activity — futures, options, and perpetual swaps that attract hedgers and speculators.
Market makers — who provide continuous buy and sell orders.
Institutional participation — large capital inflows that deepen the market.
A deep order book with numerous buy and sell orders across different price levels reduces slippage and gives traders confidence to enter or exit positions.
🔹 Liquidity Fluctuations
Liquidity is not static. It changes with market conditions, macroeconomic events, and trader behavior:
High volatility periods can temporarily thin liquidity as traders pull orders or widen spreads.
Macroeconomic events, such as interest rate decisions or inflation announcements, directly influence BTC liquidity.
Institutional actions — large inflows boost depth, but exits can drain liquidity quickly.
Stablecoins like USDT and USDC act as liquidity bridges, allowing smooth BTC trades without relying on traditional banking rails.
🔹 Derivatives and Infrastructure Impact
Derivatives markets significantly amplify liquidity, attracting global participants. However, excessive leverage can create fragile liquidity. Forced liquidations during market swings can overwhelm order books, causing sudden price cascades.
Exchanges with advanced matching engines, strong market maker programs, and global user bases offer better liquidity. On platforms like Gate.io, liquidity is supported through deep spot markets, diversified trading pairs, and active futures participation, enabling efficient trading even during volatile conditions.
🔹 Timing and On-Chain Signals
Time zones matter: Liquidity peaks when Asian, European, and US trading sessions overlap.
On-chain movements: Large BTC transfers from long-term holders or miners to exchanges often signal increased selling liquidity. Conversely, BTC moving off exchanges into cold storage tightens liquidity, amplifying the impact of new demand.
🔹 Liquidity and Market Psychology
High liquidity fosters trader and investor confidence, while declining liquidity can increase fear, uncertainty, and volatility. For traders:
Scalpers benefit from high-liquidity conditions.
Swing traders may profit from liquidity gaps that create strong price moves.
For long-term investors, sustained liquidity growth reflects market maturation, stronger adoption, and increasing trust from global participants.
🔹 Key Takeaways
Bitcoin liquidity is the backbone of the crypto market. Monitoring liquidity trends provides insights into:
Price stability
Market cycles
Trading opportunities
For every Gate.io community member, understanding BTC liquidity is essential for strategy planning, risk management, and seizing potential market opportunities.

🔥 Gate Square Event | #PostToWinLaunchpadKDK 🔥
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📅 Event Duration
Dec 19, 04:00 – Dec 30, 16:00 (UTC)
📌 How to Join
Post on Gate Square (text, images, analysis, or opinions)
Content should relate to KDK price predictions at launch, project insights, or your understanding of the Gate Launchpad mechanism
Add one hashtag: #发帖赢Launchpad新币KDK 或 #PostToWinLaunchpadKDK
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📄 Notes
Original content only (no plagiarism or spam)
Winners must complete Gate Square verification
Token distribution follows official announcements
Gate reserves final interpretation rights