⚡Major AI news! Moonshot AI’s Kimi races toward a Hong Kong IPO, seeking up to $5 billion💵
China’s AI unicorn Moonshot AI is accelerating its listing process at full speed🔥Market sources say it plans to list in Hong Kong this year, targeting up to $5 billion in fundraising. The underwriting lineup is formidable: Bank of America will serve as the global coordinator, with CICC, Deutsche Bank, and Goldman Sachs also joining to provide support.
In less than a year, its valuation has skyrocketed.
From $4.3 billion, it is now sprinting toward a $50 billion pre-money valuation, multiplying tenfold

【$LIT Signal】Longs break above the Bollinger upper band on heavy volume + short funding-rate squeeze
$LIT RSI 75.8, consecutive bullish candles on the 1H chart break above the 4H Bollinger upper band at 4.5757. The MACD histogram is expanding in tandem, while the funding rate is -0.0079%, and short positions paying the funding fee remain open. Order-book depth imbalance is -25.58%, with sell walls in place and aggressive buying advancing by consuming asks. Open interest remains stable, selling pressure has not formed effective resistance, and the current price is in the 4.612022-4.625900 snipe

A revised data point actually caused massive market turmoil. U.S. stocks, crypto, and gold all dropped in one candle. Do you think this market is made up of people, or controlled by people?

Sectors’ % of stocks at 4w and 52w highs

The current state of the relay station is a joke.

JUST IN: AMC’s CEO vows legal action to halt stock token trading and questions Robinhood’s offshore “synthetic equity” setup, arguing tokens don’t confer real equity or voting rights. $AMC

$CP showing strong bearish structure since the begining an just keeps falling.
Interesting part is long short ratio is still positive and there wasn't many liquidations yet, meaning lot of longs traped right now and waiting for reverse.
If reverse won't happen soon we can see a waterfall of liquidations.

Intraday ETH: short at 2545, long at 2465, dual long/short pools.

BREAKING:
US unemployment data came in at 4.1%
Expectations: 4.1%

Superman vs captain America…
Who wins?

I would be very cautious about opening new shorts right now.
More than 400M positions were liquidated over the past 24 hours.
And approximately 90% of the losses came from those betting on a decline.
This is no longer just a typical case of “the bears were wrong.”
When so many shorts are forcibly closed, their positions become fuel for the upward move.
The most interesting part?
Some are still continuing to short.
The market is literally showing them what is happening, but they still keep fighting the trend.
$BTC $ETH

$SOL SOL short-term long position, chasing the uptrend; lock in double profits and don’t get greedy!
SOL previously surged to around 110 but encountered resistance. Combined with market panic and macro news, the price pulled back all the way to around 97. However, after the sell-off, it did not continue breaking down; instead, it moved sideways around 100, gradually digesting the panic.
Guan said at the time that SOL’s overall trend had not actually broken down—it had simply been hit by negative news during the rise. As long as key support holds, the bulls still have a chance to push higher. #

Do you remember your first trade? It may have been your “bravest” order
What year did you join Gate? Do you remember your first trade?
Nowadays, whenever many people talk about trading, they immediately mention candlestick charts, support levels, capital flows, and macro cycles, sounding more professional than the next.
But if we really went back to the day we first opened Gate, the picture might have been completely different.
Seeing BTC rise, you thought: “Could it go even higher?”
Seeing a certain small-cap coin suddenly surge, you thought: “The opportunity is here!”
Then you deposited fund

Nonfarm payrolls delivered a major downside surprise at 162,000, far above expectations of 56,000. With employment data this strong, rate-hike expectations are back, and a massive bearish candle has crashed straight through the floor! Current price: 79,600

Last night’s rally was driven by sentiment speculation and a short squeeze, not genuine entry by big money. Once these nonfarm payrolls came out, they immediately wiped out bullish momentum, and the market weakened instantly.

Now 80,700 has become resistance. If the rebound cannot break through it, the shorts will remain in control.
Next

😎 Gate US Card is officially live, and our step into the US is becoming increasingly solid!
The collaboration between Bridge and Stripe has compressed the card issuance cycle from potentially more than a year to 6 months. Compliance gives us a firm footing, while the product is truly putting this foundation into users’ hands.
Eligible US users can now spend with supported stablecoins through a virtual card, and add it to Apple Pay and Google Wallet.
🌍 Take a look at the many countries and regions #GateCard already covers—Gate’s global footprint is expanding across the board.
‍#GateVIP #Gate

#GateEventContractTradeSharingChallenge Gate Event Contract Trade Sharing Challenge
The Gate Event Contract Trade Sharing Challenge is live for September and it is one of the most balanced trading competitions we have seen this year. If you are already trading USDT margined or coin margined contracts on Gate, this event gives you a reason to trade with structure, track your metrics, and get rewarded for both volume and skill instead of just taking big risks.
Registration opened September 1 and will run through September 10. Trading activity counts from the moment you opt in. If you do not regi

🔥 JUST IN: Zcash the Israeli $ZEC coin surges past $1,000 to a new all-time high.

🔥The major NFP report drops at 20:30 tonight!
The U.S. August nonfarm payrolls and unemployment rate will be released simultaneously. These are five-star key data points, and market volatility will intensify sharply tonight.
Impact of different data outcomes:
✅NFP > expected: Rate hike expectations rise, the dollar strengthens, and gold comes under downward pressure
✅NFP < expected: Rate hike expectations are dampened, giving gold a chance to rebound
A reminder to everyone:
The market can easily whipsaw and trigger stop-losses during NFP. Do not bet on the data with oversized positions! Do no