🍁 Golden Autumn, Big Prizes Await!
Gate Square Growth Points Lucky Draw Carnival Round 1️⃣ 3️⃣ Is Now Live!
🎁 Prize pool over $15,000+, iPhone 17 Pro Max, Gate exclusive Merch and more awaits you!
👉 Draw now: https://www.gate.com/activities/pointprize/?now_period=13&refUid=13129053
💡 How to earn more Growth Points for extra chances?
1️⃣ Go to [Square], tap the icon next to your avatar to enter [Community Center]
2️⃣ Complete daily tasks like posting, commenting, liking, and chatting to rack up points!
🍀 100% win rate — you’ll never walk away empty-handed. Try your luck today!
Details: ht
QCP: Bitcoin stabilizes after fluctuations, with Powell's speech and core PCE data this week being the market's focus.
On September 23, QCP released a briefing stating that the crypto market experienced a large-scale liquidation yesterday, with over 1.7 billion dollars in leveraged positions being liquidated. The market currently shows signs of stabilization, with BTC maintaining above 112,000 dollars and ETH near 4,100 dollars. The altcoin season index has significantly dropped to 65, and BTC's market dominance has risen to 57%, indicating that funds are flowing back to Bitcoin. Although the short-term trend is weak, institutional attitudes remain positive, with spot ETF continuously recording inflows. Traders have started to position for October (the historically strongest month for BTC), with active demand for call options at 120,000-125,000 dollars. This week, Powell's speech and core PCE data will be the market's focus.