🔥 Gate Square Event: #PostToWinNIGHT 🔥
Post anything related to NIGHT to join!
Market outlook, project thoughts, research takeaways, user experience — all count.
📅 Event Duration: Dec 10 08:00 - Dec 21 16:00 UTC
📌 How to Participate
1️⃣ Post on Gate Square (text, analysis, opinions, or image posts are all valid)
2️⃣ Add the hashtag #PostToWinNIGHT or #发帖赢代币NIGHT
🏆 Rewards (Total: 1,000 NIGHT)
🥇 Top 1: 200 NIGHT
🥈 Top 4: 100 NIGHT each
🥉 Top 10: 40 NIGHT each
📄 Notes
Content must be original (no plagiarism or repetitive spam)
Winners must complete Gate Square identity verification
Gat
🖥 BTC Update - Overview
Currently, the market is repeating a pattern very similar to the 2022 period when BTC was preparing for another deep drop.
1) USDT.D is at a major resistance zone
• If USDT.D breaks above, the likelihood of BTC returning to the 40–60K range will increase significantly.
• And just like in 2022, usually the minor trendline of USDT.D will break first, causing BTC to bounce once more (creating a final lower high) → after that, USDT.D will make a strong breakout, dragging BTC down below 70K.
2) The pattern repetition is very clear
Looking at the USDT.D and BTC charts, the similarity to 2022 is almost "copy-paste," so this is a signal not to ignore.
3) The major trend is still down
Therefore, I'm still limiting Long positions on higher timeframes.
My current scenario:
• Wait for BTC to push one more short-term leg,
• Then the market may reverse → creating an opportunity to observe and react when the price returns to a lower range.$BTC $GT $ETH