🎉 #Gate Alpha 3rd Points Carnival & ES Launchpool# Joint Promotion Task is Now Live!
Total Prize Pool: 1,250 $ES
This campaign aims to promote the Eclipse ($ES) Launchpool and Alpha Phase 11: $ES Special Event.
📄 For details, please refer to:
Launchpool Announcement: https://www.gate.com/zh/announcements/article/46134
Alpha Phase 11 Announcement: https://www.gate.com/zh/announcements/article/46137
🧩 [Task Details]
Create content around the Launchpool and Alpha Phase 11 campaign and include a screenshot of your participation.
📸 [How to Participate]
1️⃣ Post with the hashtag #Gate Alpha 3rd
#晒出我的持仓收益# Regarding BTC on-chain data: Holder behavior and market sentiment
Long-term holders (LTH) sell
①Profit realization: If the cost of holding LTH is ( below $20,000, and a large amount of profit is realized at the high point of $100,000, the on-chain transaction volume will increase sharply;
② Exchange inflow: The number of BTC transferred to the exchange increased by 30% on a weekly basis, indicating short-term selling pressure.
2. Derivatives market overheating
①Funding Rate for Futures: The perpetual contract funding rate remains positive and above 0.1%, long leverage is crowded, and liquidation risks accumulate;
Put/Call ratio of ② options: surge in demand for put options
) ratio>0.7(, hedging downside expectations.
75000-82000 is a disaster area (be careful)