🍕 Bitcoin Pizza Day is Almost Here!
Join the celebration on Gate Post with the hashtag #Bitcoin Pizza Day# to share a $500 prize pool and win exclusive merch!
📅 Event Duration:
May 16, 2025, 8:00 AM – May 23, 2025, 06:00 PM UTC
🎯 How to Participate:
Post on Gate Post with the hashtag #Bitcoin Pizza Day# during the event. Your content can be anything BTC-related — here are some ideas:
🔹 Commemorative:
Look back on the iconic “10,000 BTC for two pizzas” story or share your own memories with BTC.
🔹 Trading Insights:
Discuss BTC trading experiences, market views, or show off your contract gai
QCP Capital: The market generally lacks short-term optimistic sentiment, and the upside potential will still be limited.
PANews March 27 news, QCP Capital published an analysis pointing out that in the crypto assets market, despite some striking catalysts, market sentiment remains sluggish. GME unexpectedly raised $1.3 billion for Bitcoin allocation, but it has not yet boosted overall market sentiment. The only glimmer of hope is the steady inflow into the BTC ETF, totaling $944.9 million since its expiration on March 14, 2025. In contrast, the outflow for the ETH ETF during the same period was $112.1 million. This presents a clear divergence, reflecting the institutional belief in market discrepancies. On-chain development has brought some hope for ETH. With Pectra now successfully deployed on the Hoodi testnet, a mainnet upgrade is expected in the second quarter. Looking ahead to tomorrow's expiration date, $12.2 billion worth of BTC options will expire, with a maximum price of $85,000. BTC has begun to pull back from Monday's highs, and the front-end trading volume for both BTC and ETH has dropped by 10 trades. Spot trading is consolidating, and OI continues to decline, indicating a general lack of short-term bullish sentiment in the market. Due to the PCE index data being released tomorrow, any upward potential in the short term will still be limited, as the market awaits clarity on Trump's next move in this escalating trade war.