💞 #Gate Square Qixi Celebration# 💞
Couples showcase love / Singles celebrate self-love — gifts for everyone this Qixi!
📅 Event Period
August 26 — August 31, 2025
✨ How to Participate
Romantic Teams 💑
Form a “Heartbeat Squad” with one friend and submit the registration form 👉 https://www.gate.com/questionnaire/7012
Post original content on Gate Square (images, videos, hand-drawn art, digital creations, or copywriting) featuring Qixi romance + Gate elements. Include the hashtag #GateSquareQixiCelebration#
The top 5 squads with the highest total posts will win a Valentine's Day Gift Box + $1
Bitcoin and Ethereum Face Heavy Profit-Taking 🍀
The crypto market has entered a correction phase in recent weeks, yet on-chain signals suggest that the downturn may be more of an opportunity than a setback.
Blockchain analytics firm Glassnode reports that the latest declines are fueled by long-term investors cashing in gains. While the sell pressure has rattled short-term sentiment, the data indicates that the broader trend remains unchanged for patient traders 📈
Since July 18, Bitcoin holders have locked in more than $1.5 billion in profits — the biggest wave of realized gains since December 2024. Market commentator Ted Pillows observed that small drops of just 2-3% are triggering outsized panic. He compared that to past market peaks, where almost everyone selling at once usually shows the market is tired, but that isn’t happening right now.
Ethereum has also seen notable outflows, with $575 million in profits realized since August 16. That marks the largest round of selling in its current cycle, highlighting that even long-term ETH holders are selling off 💰
Data from Santiment shows retail traders have flipped deeply bearish as Bitcoin went under $113,000. In fact, sentiment readings are now at their lowest since June 22, a period marked by geopolitical stress.
Historically, when traders have been this negative, it often signaled a bounce back, because the market tends to move the opposite way when most people are on one side ⚖️
When long-term investors take profits and regular traders are scared, it has often led to market recoveries in the past. If the pattern repeats, the recent selling could be a "shakeout", giving a chance for buyers to step in and profit from a rebound.
React with 🔥 to speed up the bounce back!