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Gate Square New & Returning Creator Rewards are ongoing!
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Market Structure Shift After 170 Days
The crypto market is showing signs of a potential reversal after nearly six months of consolidation. Memecoins are emerging as key drivers in this shift, with $FLOKI leading the charge against the prevailing downtrend. This move suggests that retail sentiment may be turning, and the broader market could be testing a critical level.
Keep a close eye on how memecoins sustain their momentum—they often signal broader market sentiment changes. If $FLOKI holds its upside, we might see follow-through from other altcoins, potentially marking the beginning of a new cycle phase. The 170-day structure break is worth monitoring as a key inflection point.