Macro Trends

Gate Research Daily Report: On Sep 26, BTC fell below $109K and ETH slipped under $3,900 as markets came under pressure; XPL surged 178% on Plasma mainnet launch; SQD and SKX gained 65% and 25% on tech integration and ecosystem growth; new tariffs and regulatory probes fueled risk-off sentiment, wiping over 4.5% from crypto market cap.

Gate Research Daily Report: On Sep 26, BTC fell below $109K and ETH slipped under $3,900 as markets came under pressure; XPL surged 178% on Plasma mainnet launch; SQD and SKX gained 65% and 25% on tech integration and ecosystem growth; new tariffs and regulatory probes fueled risk-off sentiment, wiping over 4.5% from crypto market cap.

From September 9 to September 22, 2025, both BTC and ETH remained in a high-level consolidation phase, with divergences emerging between price structure and volatility performance, indicating overall weak short-term momentum. On the derivatives side, BTC open interest retreated significantly from recent highs, while ETH held relatively steady, suggesting that leveraged positions have not yet fully exited the market. On September 22, long liquidation volume surged to over $1.6 billion, highlighting mounting pressure at market highs and intensifying bearish sentiment due to cascading stop-losses by long positions. In terms of quantitative strategies, a mean-reversion strategy based on Bollinger Bands delivered strong performance on ADA, achieving an annualized return of over 60%, showcasing solid potential for short-term trading.

Gate Research Daily Report: On September 25, BTC and ETH remained in a consolidation phase, while small- and mid-cap tokens saw notable moves. IN surged over 70% following the launch of its strategy automation product, attracting strong capital inflows. FLUID and SNX rose 28% and 25%, respectively, driven by TVL growth, token buyback plans, and perpetual incentive programs. Gate introduced its Layer 2 network, Gate Layer, marking a comprehensive upgrade to the GT ecosystem and its deflationary mechanism. Meanwhile, the crypto market experienced its largest liquidation event of the year, triggered by excessive leverage and cascading sell-offs. SUI Group revealed a heavy position in SUI and a stock buyback plan, signaling strong capital backing and market confidence.

Gate Research Weekly Report: This week, BTC declined by 1.99% and ETH dropped by 7.69%, while some DeFi sectors saw gains against the trend. The crypto market experienced its largest liquidation event of the year, with $1.8 billion wiped out. Gate launched its Gate Layer L2 network, marking a full-scale upgrade to the GT ecosystem and its deflationary mechanism. The Ethereum Fusaka upgrade focuses on data availability and security, with PeerDAS ushering in a new era of Layer 1 scalability. Meanwhile, SUI Group revealed a major SUI token holding and stock buyback, demonstrating strong capital reserves and market confidence.

Gate Research Daily Report: On Sept 24, BTC traded at $112,462 with weak rebound momentum; ETH fell to $4,326, remaining under short-term pressure; altcoins stayed stable. Hot tokens surged: SVL +61.17%, BARD +47.33%, and HEMI +53.20%. Macro highlights include Vitalik stressing full-stack openness and verifiability, Tether potentially raising up to $20B, and Seedify suffering a hack, prompting an emergency freeze of cross-chain operations to mitigate risk.

Gate Research Daily Report: On September 23, BTC fell below $112,000 before consolidating, while ETH failed to hold above the $4,200 level. AIC surged over 70% in 24 hours driven by its buyback-and-burn program and AI+VR narrative, 0G jumped more than 50% on mainnet launch and strong financing support, and BLUE gained over 30% on short-term liquidity improvements. The market saw more than $1.7 billion in liquidations in the past 24 hours, while Metaplanet purchased $632 million worth of Bitcoin, becoming the fifth-largest publicly listed corporate holder. Meanwhile, gold hit a new record high of $3,721 as capital partially rotated from Bitcoin into precious metals.

Federal Reserve rate cuts are deepening the institutional bull market: This article examines the distinctions and potential of Bitcoin, Ethereum, and Solana within institutional portfolios. It highlights that BTC and ETH command substantial institutional holdings. SOL, despite its rapid growth, still has room to improve in institutional recognition and portfolio allocation.

Gate Research Daily Report: On September 22, BTC faced resistance near $117,900 and continued to decline, currently trading around $114,300 with a brief dip to $114,250; ETH remained under pressure above $4,460 and continued downward, breaking below $4,300 to reach a short-term low of $4,289; GT entered a sustained correction phase, dropping to around $16.55, reflecting bearish market sentiment. Meanwhile, AVNT (+31.11%), ME (+24.85%), and RON (+1.98%) bucked the trend with strong gains, highlighting that small-cap tokens in hot sectors tend to attract capital during market turbulence. StandX TVL surpassed $60 million, setting a new all-time high; 0G Labs mainnet Aristotle officially launched; Story ecosystem IPRWA project Aria introduced the institutional-grade on-chain IP investment platform, Aria PRIME.

Gate Research Daily Report: On September 22, BTC faced resistance near $117,900 and continued to decline, currently trading around $114,300 with a brief dip to $114,250; ETH has been under pressure above $4,460 and continued downward, breaking below $4,300 to reach a short-term low of $4,289. StandX TVL exceeded $60 million, setting a new all-time high; 0G Labs mainnet Aristotle officially launched; Story ecosystem IPRWA project Aria introduced the institutional-grade on-chain IP investment platform, Aria PRIME.

In August, the crypto market showed strong performance, driven by continued ETF inflows and rising on-chain activity. ETH emerged as the best-performing major token of the month, with a gain of over 18%. In contrast, Bitcoin followed a “rise-then-fall” pattern—briefly surpassing $124,500 mid-month before retreating due to growing macroeconomic uncertainty. Among public blockchains, Solana led with over 29 billion monthly transactions, while Ethereum recorded 51.77 million on-chain transactions, marking a new four-year high for the second consecutive month.

After nine months, the Federal Reserve has reduced interest rates by 25 basis points, with the Fed signaling a renewed focus on risk management. As the employment market weakens and inflationary pressures persist, the market anticipates the possibility of two additional rate cuts by year-end. This rate cut significantly affects capital flows in U.S. stocks, Bitcoin, and altcoins. It may mark a key turning point for the next bull market.

Gate Research Daily Report: On September 19, the crypto market saw BTC and ETH trading in a tight range with cautious optimism and a neutral Fear & Greed Index. MetaMask token launch expectations accelerate, Plasma blockchain plans TGE on September 25, and NBA star Tristan Thompson introduces a player tokenization platform. Tokens like RUNWAGO, DUCK, and APX show strong short-term activity, with macro and project updates analyzed in detail.

Gate Research Weekly Report: This week, the crypto market remained in a moderately bullish consolidation, with both BTC and ETH posting modest gains. DeFi Development added another 60,000 SOL to its holdings, bringing its total to over 2 million SOL. Benefiting from multiple treasury initiatives, Solana has risen more than 10% over the past 7 days. The Altcoin Season Index climbed to 73, indicating a significant uptick in altcoin market momentum. Meanwhile, Forward Industries completed a $1.65 billion funding round to establish a SOL-centric treasury reserve strategy.

Gate Research Daily Report: On Sept 17, BTC hit $116,956 before consolidating at $111,277 with bullish bias; ETH traded at $4,326 in a weak range; altcoins rose slightly with Fear & Greed at 54. Hot tokens led by GAI surging 119.35%, UNA up 43.40%, and F up 32.15% on strong inflows. On the macro side, US stocks slipped, gold settled at $3,682/oz. Industry highlights: Nothing raised $200M at $1.3B valuation, Sui joins Google Agentic Payments Protocol, and Movement upgraded to a standalone Layer1 with Move 2.0.