New Version, Worth Being Seen! #GateAPPRefreshExperience
🎁 Gate APP has been updated to the latest version v8.0.5. Share your authentic experience on Gate Square for a chance to win Gate-exclusive Christmas gift boxes and position experience vouchers.
How to Participate:
1. Download and update the Gate APP to version v8.0.5
2. Publish a post on Gate Square and include the hashtag: #GateAPPRefreshExperience
3. Share your real experience with the new version, such as:
Key new features and optimizations
App smoothness and UI/UX changes
Improvements in trading or market data experience
Your fa
Track hotspots in the world of digital currencies in real time and seize the best trading opportunities. Today is Sunday, February 9, 2025, I am Wang Yibo! Good morning to all my fans. 👍💰💰🌹🌹
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The interest rate cut was supposed to have a negative impact that the market gradually absorbed, and given the market sentiment and indicators, it seems possible to make a big profit when prices touch the bottom and rebound. But suddenly, Trump announced that he would impose reciprocal tariffs on several countries next week, and suddenly the news became negative. Since Trump took office, he has not offered anything good for the digital currency market, but rather turned the market into chaos, completely lost confidence, and even issued a special currency to reap profits. The expected Ethereum ETF guarantees have been postponed to April, and it seems that the team is adjusting its strategy according to the timing of the interest rate cut, leading to severe losses for those who bet early on inflation. The market is now suffering from a severe liquidity shortage, as funds seem to have suddenly dried up, and profits have been completely harvested, with no funds to buy at the bottom. Everyone must wait first and act cautiously, and should not be susceptible to haste until the market returns to stability.
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The seismic performance of US Treasury yields for the week has ended, with mixed developments due to tariff threats that have raised concerns about near-term inflation and subsequent economic slowdown. Expectations have always tried to estimate the impact of tariffs on prices, but intermittent government presentations by Trump have made this task complicated. Consumer and producer price indices for January, as well as declining bets in the futures market, will be announced, indicating more than one interest rate cut by the US Federal Reserve this year, and it is expected that economic data will affect cryptocurrency volatility in the short term, so stay tuned!
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On Saturday, Bitcoin and Ethereum were trading within a narrow range and preparing for accumulation. There is not much room for a pullback, and liquidity has shrunk over the weekend. The situation seems bleak, and generally, the most likely possibility is the continuation of narrow range oscillation. At least, there will not be significant volatility during the day, and the daily structure has also been directed downwards several times from the lower support, allowing for a rebound. Momentum is being accumulated at low levels, and we are still dealing with the current correction and pullback in the same way, and the uptrend pattern in the larger time frame has not changed. Only the completion of the previous correction and the accumulation of bullish momentum have been postponed, and when the final correction is completed, the market will continue to stabilize. Overall, the current pullback is almost in line with our expectations, and if you want to act, it should be primarily in the short term.