💞 #Gate Square Qixi Celebration# 💞
Couples showcase love / Singles celebrate self-love — gifts for everyone this Qixi!
📅 Event Period
August 26 — August 31, 2025
✨ How to Participate
Romantic Teams 💑
Form a “Heartbeat Squad” with one friend and submit the registration form 👉 https://www.gate.com/questionnaire/7012
Post original content on Gate Square (images, videos, hand-drawn art, digital creations, or copywriting) featuring Qixi romance + Gate elements. Include the hashtag #GateSquareQixiCelebration#
The top 5 squads with the highest total posts will win a Valentine's Day Gift Box + $1
Recently, the cryptocurrency market has shown new trends, attracting the attention of investors. Data shows that the market share of Bitcoin (BTC) has dropped to 58.23%, hitting a new low since January of this year, with a fall of 2.35%. This phenomenon has sparked speculation in the market about the arrival of the "alt season".
Historical experience indicates that a decline in BTC's market share typically signals a flow of funds to other cryptocurrencies (commonly referred to as "altcoins"). However, the market is still in a wait-and-see phase, Ethereum (ETH) has yet to fully gain momentum, and the overall trading volume of altcoins has not significantly increased. Therefore, the current situation can be seen as a "preheating period," and investors should remain cautious and avoid blindly over-investing.
At the same time, some alarming phenomena have emerged in the market. The WLFI altcoin plummeted over 45% in just 20 hours, with the current price at only $0.238, far below the previous optimistic expectation of $1.7. This once again proves the high volatility of new altcoin contracts, and investors should not blindly chase highs based on market news.
In addition, the X-chain meme coins represented by Xu Le have also experienced a comprehensive fall, with leading coins dropping by more than 50%. This indicates that the current frenzy has come to an end, and investors should temporarily avoid X-chain meme coins and wait for new market trends.
At the macroeconomic level, The Kobeissi Letter's analysis indicates that Federal Reserve Chairman Powell seems to have "yielded" to market pressure. It is expected that in a month, the Federal Reserve may consider lowering interest rates due to "weakness in the labor market." This potential monetary policy change could have a profound impact on the encryption market.
Overall, the current cryptocurrency market is at a delicate turning point. Investors need to remain vigilant, closely monitor market trends, and make cautious decisions to prepare for a possible new round of market cycles.