💥 Gate Square Event: #PTB Creative Contest# 💥
Post original content related to PTB, CandyDrop #77, or Launchpool on Gate Square for a chance to share 5,000 PTB rewards!
CandyDrop x PTB 👉 https://www.gate.com/zh/announcements/article/46922
PTB Launchpool is live 👉 https://www.gate.com/zh/announcements/article/46934
📅 Event Period: Sep 10, 2025 04:00 UTC – Sep 14, 2025 16:00 UTC
📌 How to Participate:
Post original content related to PTB, CandyDrop, or Launchpool
Minimum 80 words
Add hashtag: #PTB Creative Contest#
Include CandyDrop or Launchpool participation screenshot
🏆 Rewards:
🥇 1st
Strategy "Pull BTC - Dump Alt"
1. The BTC price increase phase BTC (Pull BTC)
• BTC is pushed up strongly → market confidence increases.
• Altcoins are starting to rise slightly along with BTC.
• The FOMO mentality appears, investors think altcoins are about to explode.
2. Investors start Long Altcoin
• Based on the expectation of an "Alt season."
• Margin/Futures are heavily used for altcoins.
3. BTC is being dumped heavily
• BTC dump suddenly → the market panics.
• Altcoin dump heavier due to high leverage.
• Liquidate a large number of altcoin Long orders.
4. Result
• Market makers profit by shorting altcoins or pumping the price and then selling.
• Retail investors are facing heavy losses.
Prevention strategy
• Do not Long altcoin when BTC is rising too hot.
• Monitor BTC Dominance: if it increases strongly → altcoin may not be in season yet.
• Always use stop loss and allocate capital reasonably.
• Observe Funding Rate: if it is too positive in altcoins, it may be a "trap".