🌕 Gate Square · Mid-Autumn Creator Incentive Program is Live!
Share trending topic posts, and split $5,000 in prizes! 🎁
👉 Check details & join: https://www.gate.com/campaigns/1953
💝 New users: Post for the first time and complete the interaction tasks to share $600 newcomer pool!
🔥 Today's Hot Topic: #MyTopAICoin#
Altcoins are heating up, AI tokens rising! #WLD# and #KAITO# lead the surge, with WLD up nearly 48% in a single day. AI, IO, VIRTUAL follow suit. Which potential AI coins are you eyeing? Share your investment insights!
💡 Post Ideas:
1️⃣ How do you see AI tokens evolving?
2️⃣ Wh
The Analysis Company Shares New Price Prediction for Bitcoin: "It Could Reverse in the Short Term"
The cryptocurrency analysis company Alphractal has released a new analysis on the Stablecoin Ratio Channel, an important indicator that follows liquidity fluctuations in the market. The company notes that in the short term, risk signals for Bitcoin (BTC) are beginning to appear, but the long term outlook remains highly uncertain. According to Alphractal, the Stablecoin Ratio Channel (Short term) is currently showing increasing selling pressure on Bitcoin. This coincides with strong resistance levels in the range of $113,000-$114,000, highlighted in previous analysis. The company notes that these levels could trigger a rotation from BTC to stablecoin. On the contrary, the Stablecoin Ratio Channel ( long term ) has only just reached the midpoint of its cycle. In previous market cycles, this average has paved the way for healthy corrections in bull markets and selling pressure in bear markets. Alphractal explains how this data works: When this ratio is low, it means there is a surplus of stablecoins in the market, often a positive signal for accumulating BTC. When the ratio reaches a high level, selling pressure will increase to convert BTC back into stablecoins.