Trading

Gate Research Daily Report: With lower oil prices easing some inflationary pressure but expectations of persistently high interest rates continuing to constrain risk appetite, BTC traded sideways and held on to its recent rebound gains. The 4-hour structure remained relatively strong, while the daily chart stayed neutral to moderately bullish. ETH pulled back slightly after an intraday rally but maintained an overall range-bound yet relatively bullish structure. MUBARAK, AURORA, and MPLX surged 78.49%, 67.80%, and 44.32%, respectively, driven by geopolitical narratives, ecosystem rotation, and renewed interest in NFT infrastructure. FXNW launch trading also went live. FastX Network launched its debut trading, fueling momentum around the AI computing infrastructure narrative. Powfi launched its mainnet, while Alephium introduced concentrated liquidity and liquid staking. Sonic rolled out its V2.2 upgrade, expanding both transaction batching and execution engine capacity.

The Federal Reserve raised interest rates by 25 basis points, while the U.S. 10-year Treasury yield climbed to around 5%. BTC and ETH came under pressure early in the week but significantly outperformed most traditional risk assets on a weekly basis. Weekly BTC ETF flows improved from net outflows to roughly flat, while ETH ETFs shifted to a net outflow of $141 million. Total stablecoin supply contracted slightly, with USDe and USDS capturing structural inflows. The earlier explosive growth driven by stock-related Meme trading began to cool. LSTs broadly recovered, while Aave’s outstanding borrowings increased by 2.2%. BTC OI rose by 6.42%, with funding rates remaining positive throughout the week. BTC’s 7-day 25D Skew climbed to +3.30%, while DVOL declined by 8.33% from the beginning of the week.

The crypto market came under pressure early in the week amid expectations of a rate hike, with BTC and ETH both declining at one point. However, BTC and ETH posted weekly gains that significantly outperformed those of most traditional risk assets. Looking ahead, elevated bond yields and high oil prices remain the main constraints on further valuation expansion. NEAR, ARB, and ENA ranked among the top performers, with 7-day returns of +85.44%, +63.00%, and +61.63%, respectively. On-chain capital recorded a modest net inflow of approximately $140 million over the past week, with flows increasingly concentrated in RWA, real-revenue, and institutional narratives. Arc generated approximately $411 million in DEX trading volume on the first day of its mainnet launch, driven by the Launchpad and Meme frenzy. Its initial surge largely reflected spillover from the Robinhood Chain wealth effect, while the sustainability of long-term demand remains to be seen.

Gate Research Daily Report: On September 21, chip and cybersecurity stocks advanced in the U.S. while oil and gas stocks declined; biotechnology and PCB names led Hong Kong higher and South Korean semiconductors rebounded. BTC returned above 86,000 USDT as AURORA, AIOZ and ZETA gained; BitMine added ETH, Strategy bought BTC, and Coinbase opened IPO allocation applications to eligible U.S. customers, with market breadth and macroeconomic data also in focus.

Gate Research VIP Daily Report: On September 18, BTC, ETH and GT rebounded as the market digested a Fed rate hike and CLARITY Act headwinds. Total crypto market capitalization was about $2.82 trillion, with SAGA, ONE and STONK gaining. Bitcoin ETFs turned positive for the week as ETH ETFs ended a four-week inflow streak; ZetaChain approved a migration direction, while NYSE continued testing Avalanche technology as its tokenization platform awaits regulatory implementation.

Gate Research Daily Report: On September 18, semiconductors lifted U.S. and South Korean equities while Hong Kong AI hardware advanced. BTC returned above 81,000 USDT, with SAGA, ONE and STONK gaining. Bitcoin ETFs eked out a positive week as ETH ETFs ended a four-week inflow streak; ZetaChain approved a Solana migration direction, while NYSE continued testing Avalanche technology for tokenization plans subject to further implementation and regulatory steps.

Gate Research Daily Report: BTC remained in a low-volatility consolidation above 76,000 USDT, while ETH posted a modest gain and GT maintained a relatively resilient medium-term structure. As BTC dominance declined, capital began rotating into Layer 1 networks, DeFi, and platform utility tokens, with AVA and ONE recording notable gains. Markets are also watching the U.S. strategic Bitcoin reserve bill, the CFTC’s more accommodating stance toward crypto software developers, and traditional financial institutions’ growing involvement in on-chain security and risk assessment.

Gate Research Daily Report: U.S. stocks rebounded sharply as oil prices and Treasury yields declined, while Hong Kong stocks closed lower after choppy trading and South Korean equities were mixed. BTC consolidated above 76,000 USDT, ETH edged higher, and MCAT, AVA, and ONE led the gains. Key market developments included the U.S. Strategic Bitcoin Reserve bill, the CFTC’s regulatory approach toward crypto developers, and S&P Global’s acquisition of OpenZeppelin.

Gate Research VIP Daily Report: After the Fed delivered its first 25 bp rate hike in three years, BTC, ETH, and GT rebounded amid volatility, while total crypto market capitalization rose to $2.67 trillion. Privacy, AI Agent, and Launchpad sectors strengthened, with BR, DRV, and ONE leading gains. The launch of Arc’s mainnet and progress on the U.S. digital-asset tax framework remain key market focuses, while traders should monitor key support and resistance levels and shifts in macro expectations in the near term.

Last week, markets traded around energy shocks, sticky inflation, and expectations of further rate hikes, with WTI briefly surpassing $100 and risk assets coming under broad pressure. Institutional flows diverged significantly, as BTC ETFs shifted to net outflows while ETH ETFs maintained net inflows. TradFi trading activity remained elevated, with commodities seeing a notable increase in interest; total DEX trading volume rose approximately 6.7% week-over-week. On-chain borrowing demand remained resilient, although stablecoin funding costs began to rise. In derivatives, BTC and OI declined in tandem while funding rates remained positive. However, medium- to long-term Skew stayed negative, suggesting that the market has not entered a state of broad-based panic, while risk pricing remains cautious.

Gate Research VIP Daily Report: Amid rising oil prices and U.S. Treasury yields, alongside growing expectations of a Fed rate hike, the crypto market saw a broad pullback. BTC fell below the 76,000 USDT level, ETH posted a steeper decline, and GT also weakened as risk appetite cooled. AKE, ALIGN, and POWER rose 72.54%, 50.26%, and 27.16%, respectively, driven by narratives around AI gaming, Ethereum infrastructure, and GameFi. The XRP Ledger’s Batch Transactions upgrade is nearing its activation threshold, enabling atomic execution of complex payments. The U.S. Department of Justice is seeking the forfeiture of $61 million in crypto assets linked to efforts to evade sanctions on Iranian oil. Meanwhile, the U.S. Senate blocked further progress on the crypto market structure bill, with bipartisan ethics disputes still unresolved.

Gate Research Daily Report: Amid rising oil prices and U.S. Treasury yields, alongside growing expectations of a Fed rate hike, the crypto market saw a broad pullback. BTC fell below the 76,000 USDT level, ETH posted a steeper decline, and GT also weakened as risk appetite cooled. AKE, ALIGN, and POWER rose 72.54%, 50.26%, and 27.16%, respectively, driven by narratives around AI gaming, Ethereum infrastructure, and GameFi. The XRP Ledger’s Batch Transactions upgrade is nearing its activation threshold, enabling atomic execution of complex payments. The U.S. Department of Justice is seeking the forfeiture of $61 million in crypto assets linked to efforts to evade sanctions on Iranian oil. Meanwhile, the U.S. Senate blocked further progress on the crypto market structure bill, with bipartisan ethics disputes still unresolved.