📢 Gate Square #MBG Posting Challenge# is Live— Post for MBG Rewards!
Want a share of 1,000 MBG? Get involved now—show your insights and real participation to become an MBG promoter!
💰 20 top posts will each win 50 MBG!
How to Participate:
1️⃣ Research the MBG project
Share your in-depth views on MBG’s fundamentals, community governance, development goals, and tokenomics, etc.
2️⃣ Join and share your real experience
Take part in MBG activities (CandyDrop, Launchpool, or spot trading), and post your screenshots, earnings, or step-by-step tutorials. Content can include profits, beginner-friendl
2025/7/21 Recent encryption market analysis
While we were bearish on Bitcoin near 121800 and started to be bearish on Ethereum, Bitcoin dropped 5%, while Ethereum surged 30%, which completely refreshed everyone's perception. ETH has never experienced such an outrageous increase since its inception.
So everyone pay attention: the risk of chasing highs is that ETH could crash at any time, just like the former second-tier coin BCH. At one point, Bitcoin dropped 8% while BCH rose 35%, ultimately falling from 4600 USDT each to 80 USDT each, cutting off 80% of retail investors in the entire encryption market. BCH's issuance during the big block era was only 20 million coins, and it is the only fork coin directly tied to BTC, truly the second-tier coin in the entire market. Old Bitcoin backup files starting with 1 can produce BCH, and at that time, 80% of retail investors believed BCH would not drop below 3000 USDT each, but it ultimately reached 70 USDT each. Now, exchanges no longer show the K-lines and highest prices from 2016, 2017, and 2018; otherwise, everyone could take a closer look at BCH, which is currently replicating the rise of ETH in a completely 1:1 manner.
So let's focus on swing trading Bitcoin for now, while occasionally touching the bottom with Ethereum and setting a small stop loss, controlling our position well. #以太坊突破3800#