🍕 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!
📅 Event Duration:
May 16, 2025, 8:00 AM – May 23, 2025, 06:00 PM UTC
🎯 How to Participate:
Post on Gate Post with the hashtag #Bitcoin Pizza Day# during the event. Your content can be anything BTC-related — here are some ideas:
🔹 Commemorative:
Look back on the iconic “10,000 BTC for two pizzas” story or share your own memories with BTC.
🔹 Trading Insights:
Discuss BTC trading experiences, market views, or show off your contract gai
Dear teachers
I am active again.
From leaving the market last year to recharging and entering this year.
The principal is 100,000, and now there is 86,000 left.
The numbers are auspicious, but my mood is not beautiful.
In the future, I will periodically share my personal market insights with everyone.
Today's market from 0:00 to 17:00
Although the volatility is intense, it cannot be considered particularly large in magnitude.
However, the devastating power of the long and short squeeze has left the contract instructors feeling apprehensive.
The contract funding rate for Ethereum and Bitcoin remains at 0.01 throughout the day, with no fluctuations.
The heavily leveraged short-term contract positions have basically been harvested clean.
The ongoing downtrend has now spread to the 8-hour level.
The daily line has also changed from fluctuating to precarious.
So all the long positions have turned into left-side trading.
to pull chestnuts out of the fire
The monthly top of the big pancake is gradually forming.
The resulting spot selling spree is still spreading.
Currently, the over-the-counter funds do not show a willingness to buy at high levels.
In conclusion, before our white knight appears to save the day.
Look for a bottom during the pullback.
When will the knights appear? It could be tonight.
It may also happen in the near future, or perhaps in the next cycle.