🌕 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
#BTC & ETH Weekend Analysis#
Bitcoin Market Outlook: On-Chain and Technical Insights
Recent on-chain metrics show a rebound in Bitcoin’s network activity, with both address usage and transfer volumes on the rise. This uptick suggests growing confidence among long-term holders, who continue to accumulate despite increased exchange inflows seen in early April—an indication of heightened short-term selling pressure.
USDT transfer volumes have also climbed, pointing to liquidity waiting on the sidelines, potentially positioning for the next major move.
From a technical standpoint, the market remains volatile, with increased correlation between Bitcoin, Ethereum, and the S&P 500—highlighting the influence of macroeconomic trends on short-term price action.
Momentum indicators like RSI and Stochastic Oscillator are beginning to flash oversold signals, hinting at the possibility of a short-term rebound. Still, confirmation of a broader trend reversal will depend on whether Bitcoin can break through key resistance levels.