๐ฅ Gate Square Event: #PTB Creative Contest# ๐ฅ
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 ๐ https://www.gate.com/zh/announcements/article/46922
PTB Launchpool is live ๐ https://www.gate.com/zh/announcements/article/46934
๐
Event Period: Sep 10, 2025 04:00 UTC โ Sep 14, 2025 16:00 UTC
๐ 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
๐ Rewards:
๐ฅ 1st
๐Crypto Market Rebound: Analysis of Recent Developments๐๐ข
๐The August CPI data released last night showed a 2.9% rate, aligning with market expectations and contributing to a rebound in cryptocurrencies. As of September 12, 2025, on Gate.io, Bitcoin is at $116,451.2, Ethereum at $4,615.61, and Solana at $240.48. This rally raises questions about whether it represents a temporary increase or the beginning of a sustained upward trend.
From a macroeconomic perspective, the CPI figure has increased the probability of a Federal Reserve rate cut in September to 95%, based on CME FedWatch data. This follows the July PCE at 2.6%, indicating consistent cooling of inflation without significant economic disruption. ETF inflows totaled $1.7B last week, supporting increased liquidity in the market. These factors suggest a shift toward risk assets, potentially aiding recovery from earlier volatility.
๐งกBitcoin Chart Analysis (Gate 1D BTC/USDT)
1D BTC/USDT candlestick chart on Gate: Recent green candles showing a 1.91% increase over 24 hours, with price action rebounding from a low of $114,191; support at $114,000โ$115,000 aligned with recent lows, resistance at $120,000 based on prior highs. RSI (14) at 66.55 (bullish, rising from neutral), MACD showing a buy signal with positive histogram.
Bitcoin has maintained support near $114,000, with volume up in recent sessions. Indicators point to continued upward momentum if resistance breaks, supporting recovery projections to $140K by Q4.
๐Ethereum Chart Analysis (Gate.io 1D ETH/USDT)
1D ETH/USDT candlestick chart on Gate: Upward trend with 4.36% gain in 24 hours, recent action coiling near highs of $4,627; support at $4,400โ$4,500, resistance at $4,800โ$5,000. RSI (14) at 65.04 (buy signal), MACD (12,26) at 30.81 indicating bullish crossover.
Ethereum's recent surge reflects institutional inflows, with open interest rising. Breaking resistance could target $6K by year-end, amid decreasing correlation to Bitcoin.
๐Solana Chart Analysis (Gate.io 1D SOL/USDT)
1D SOL/USDT candlestick chart on Gate: Strong rebound with 6.27% rise over 24 hours, price breaking above $225 low to high of $241; support at $225โ$230, resistance at $250. RSI (14) at 62.7 (neutral to bullish), MACD suggesting trend continuation with positive momentum.
Solana's on-chain growth drives its outperformance, with daily users exceeding 2M. Higher beta positions it for potential gains to $300 if momentum holds.
๐๐Market Outlook
The rally appears likely to continue if supports hold, with key resistance levels at BTC $120K, ETH $4,800, and SOL $250. Potential for 10โ15% further gains before consolidation, supported by adoption trends like ETFs and real-world assets. However, upcoming Federal Reserve announcements should be monitored.
Share your trading strategies if you participated in this reboundโDCA on dips or options? What are your thoughts on Bitcoin reaching $150K by year-end?๐ค
#Crypto Market Rebound# #Gate Square Mid Autumn Creator Incentive#