🔥 Gate Square Event: #PostToWinNIGHT 🔥
Post anything related to NIGHT to join!
Market outlook, project thoughts, research takeaways, user experience — all count.
📅 Event Duration: Dec 10 08:00 - Dec 21 16:00 UTC
📌 How to Participate
1️⃣ Post on Gate Square (text, analysis, opinions, or image posts are all valid)
2️⃣ Add the hashtag #PostToWinNIGHT or #发帖赢代币NIGHT
🏆 Rewards (Total: 1,000 NIGHT)
🥇 Top 1: 200 NIGHT
🥈 Top 4: 100 NIGHT each
🥉 Top 10: 40 NIGHT each
📄 Notes
Content must be original (no plagiarism or repetitive spam)
Winners must complete Gate Square identity verification
Gat
$BTC rejected perfectly at the horizontal ceiling — momentum fading ⚠️
Bitcoin hit the same resistance zone we highlighted earlier and got rejected almost to the dollar. That level has been critical for days, and today’s reaction shows how tough it is for price to survive above it. MA25 is now lost, which usually signals the first step toward deeper downside. If this pressure continues, the chart naturally leans toward 87K → 85K, and in a wider move, even 70–75K isn’t off the table. Hopefully not today — but the probabilities are increasing.
A few hours ago, the FED delivered the 25 bps rate cut we already priced in. Markets barely reacted because this number was fully anticipated. A 50 bps shocker would've sparked a #Bitcoin rally toward 98–100K, but that door didn’t open. And for the third month in a row, FED rate cuts have failed to lift crypto sentiment.
Right now, #BTC needs fresh strength — not forecasts — to break this structure.