Research

Gate Research Weekly Report: BTC broke below $73,000 as deleveraging continued, with total liquidations reaching $2.56 billion over recent days; ETH pulled back to the key $2,000 support level, while a deeply negative premium index signals weakening institutional demand. Stablecoin market capitalization edged lower, and Ethereum gas fees remained subdued. Amid a structurally weak market, select assets moved counter-trend, including the BNB Chain Chinese meme coin “我踏马来了,” WMTX driven by the DePIN narrative, and SYN supported by adoption within the Filecoin ecosystem. On the event front, Ripple Prime integrated Hyperliquid, introducing a prime-brokerage model to on-chain derivatives, while Bitnomial launched regulated XTZ futures. On-chain data show a renewed convergence between profitable and unprofitable BTC supply, a historical “bottom signal” that may point BTC toward the $60,000 range, with key support at the 2021 peak near $69,000. Vitalik Buterin reassessed the L2 roadmap, emphasizing differentiated val

Gate Research Weekly Report: BTC broke below $73,000 as deleveraging continued, pushing total liquidations to $2.56 billion; ETH retreated to the $2,000 support level, with weakening institutional demand, a modest contraction in stablecoin supply, and persistently low gas fees. Despite the broader market weakness, select meme, DePIN, and cross-chain tokens moved counter-trend. The official World Mobile Chain account released a statement, and WMTX rose 15.79% within 24 hours. Ripple Prime integrated Hyperliquid, introducing a prime brokerage model to on-chain derivatives, while Bitnomial launched regulated XTZ futures. On-chain indicators have again flashed a potential cyclical bottom signal, suggesting BTC could gravitate toward the $60,000 range; meanwhile, Vitalik Buterin revisited the L2 roadmap, and Tether continued to post solid operating performance despite valuation concerns. Markets will next focus on upcoming token unlock risks for HYPE, BERA, and ENA.

Gate Options Daily Market Update.

On February 4, the crypto market continued to face broad pullback pressure, with major assets generally trading under strain. On the thematic side, capital remained concentrated in high-beta plays tied to AI and onchain infrastructure narratives. ARC rallied strongly on renewed attention around the “Rig” framework for AI builders, ALCH gained momentum on the back of AI workflow and agent tooling infrastructure themes, while ENSO drew interest for its cross-chain execution abstraction and one-stop DeFi execution layer concept. At the macro and industry level, the Puell Multiple has entered a historical discount zone, signaling increased miner stress but gradually improving long-term accumulation value. Gate Ventures announced a strategic investment in the crypto payment network Mesh, strengthening its positioning in stablecoin and payment connectivity infrastructure. Meanwhile, Vitalik reiterated that Ethereum L2s should shift away from the original “brand sharding” vision toward more differentiated functional

Gate Research Daily Report: On February 4, the crypto market continued to face broad pullback pressure, with major assets generally trading under strain. On the thematic side, capital remained concentrated in high-beta plays tied to AI and onchain infrastructure narratives. ARC rallied strongly on renewed attention around the “Rig” framework for AI builders, ALCH gained momentum on the back of AI workflow and agent tooling infrastructure themes, while ENSO drew interest for its cross-chain execution abstraction and one-stop DeFi execution layer concept. At the macro and industry level, the Puell Multiple has entered a historical discount zone, signaling increased miner stress but gradually improving long-term accumulation value. Gate Ventures announced a strategic investment in the crypto payment network Mesh, strengthening its positioning in stablecoin and payment connectivity infrastructure. Meanwhile, Vitalik reiterated that Ethereum L2s should shift away from the original “brand sharding” vision toward mo

Over the past week, BTC's trend has shifted from a consolidation phase to a bearish-dominated structure. ETH has underperformed BTC, forming a pattern of accelerated downside followed by sideways consolidation at lower levels. This indicates cautious bottom-fishing capital, with limited appetite for chasing rallies. STABLE has gained approximately 32.56% over the past seven days, making it the standout performer.

Gate Research Daily Report: After a round of heavy selling, Bitcoin fell by around 20% over a two-week period. Ethereum has broken below USD 2,400, with the market structure turning bearish. Tweets related to C98 triggered retail FOMO, pushing the token up 37.03%, while PURR broke above the 23.6% Fibonacci retracement level and gained 28.37%. JPMorgan expects Warsh to accommodate Trump’s push for rate cuts in the short term before reverting to a more hawkish stance after the midterm elections; retail pessimism has entered extreme territory, raising the possibility of a technical rebound; and Cboe plans to relaunch binary options trading to compete directly with prediction markets.

This report examines the expansion path of prediction markets from crypto-native origins to mainstream distribution, using the compliant platform Kalshi and its brokerage distribution model as a case study. It highlights that regulatory licensing and distribution access are becoming the core variables determining scale: once event options are embedded into brokerage account systems, trading barriers are significantly reduced, and platform growth becomes closely tied to channel efficiency.

Gate Research: On Feb 2, crypto markets pulled back amid a broad sell-off in stocks and gold/silver, as risk appetite continued to deteriorate. BTC traced a “sharp drop → capitulation wick → weak rebound → low-range consolidation” pattern; ETH underperformed sharply with $2,200 as the key near-term line; and GT entered a relief-rebound phase but remains capped by its MA30. In pockets of strength, POKT surged on deflationary tokenomics upgrades and partnership catalysts, Limitless (LMTS)rallied on buybacks/burns and a volume milestone, and AVAAI (AVA) gained on AI-agent narrative and ecosystem expectations. On the news front, prediction markets posted a record $12B+ in January volume; Moltbook sparked an AI-agents social wave that spilled into Clanker on Base via booming token launches and trading activity. Meanwhile, the meme sector slid further, with meme KOL Murad reportedly down about $58M over the past six months, reigniting risk discussions.On Feb 2, crypto markets pulled back amid a broad sell-off in st

Gate Research Daily Report: On Feb 2, crypto markets broadly fell as pullbacks in stocks and gold/silver weighed on risk appetite, with the Fear & Greed Index dropping to 14—its lowest level this year. BTC is consolidating near the lows after a capitulation wick, with $75K as key support and $80K as major resistance; ETH underperformed, with $2,200 as the critical line—if it breaks, downside targets shift to $2,150 and $2,000. Despite the weak tape, POKT, LMTS, and AVA outperformed on their respective catalysts. Key narratives included prediction markets posting a record $12B+ in January volume, the AI-agent narrative spilling into Clanker and boosting token launches/trading activity, and renewed risk debate in the meme sector after Murad’s reported ~$58M six-month drawdown.

Gate Research Daily Report: On January 30, the crypto market came under broad pressure, with Bitcoin falling below $82,000 and briefly dipping to around $81,000, while Ether retreated to the $2,700 level and remained technically weak. GT declined in tandem but showed relatively resilient downside, consolidating around the $9.20–$9.30 support zone. Despite weakness in major assets, selective capital rotation persisted, with small-cap tokens such as SENT and GWEI posting strong gains driven by AI and Ethereum infrastructure narratives. Meanwhile, a tech-led selloff fueled a cross-market risk-off move, alongside notable industry developments including Bit Digital’s exit from Bitcoin mining and the revival of The DAO with a $220 million Ethereum security fund.

Gate Research Daily Report: On January 30, the crypto market came under broad pressure, with Bitcoin falling below $82,000 and briefly dipping to around $81,000, while Ether retreated to the $2,700 level and remained technically weak. GT declined in tandem but showed relatively resilient downside, consolidating around the $9.20–$9.30 support zone. Despite weakness in major assets, selective capital rotation persisted, with small-cap tokens such as SENT and GWEI posting strong gains driven by AI and Ethereum infrastructure narratives. Meanwhile, a tech-led selloff fueled a cross-market risk-off move, alongside notable industry developments including Bit Digital’s exit from Bitcoin mining and the revival of The DAO with a $220 million Ethereum security fund.

Gate Research:From January 13 to January 26, 2026, the crypto market remained broadly weak amid macroeconomic and geopolitical uncertainty. Major assets traded lower in a defensive, range-bound structure, while market-cap performance showed clear divergence: the top 400 tokens posted mild pullbacks, whereas lower-cap segments outperformed. High-beta names such as PENGUIN and RIVER rallied sharply, while several previously overheated speculative assets saw steep corrections. Volume–price dynamics were also uneven—only a handful of tokens showed strong volume-price confirmation, while most remained in low-volume, weak-trend conditions. This suggests capital is still rotating tactically rather than positioning for a full trend reversal, though selective opportunities persist. Meanwhile, sectors such as NFT platform incentives, decentralized node networks, social task-based point systems, and prediction market ecosystems have begun rolling out airdrop-style campaigns. This report outlines the core participation p

Gate Options Daily Market Update.

Gate Research Weekly Report: BTC and ETH are consolidating after a pullback from recent highs; positioning has turned defensive, with flows rotating into steadier altcoin themes such as tokenized commodities/gold, payments, privacy, and DID. Ethereum continues to dominate tokenized commodity issuance with an 85% share. Long-term holders have accelerated distribution, marking Bitcoin’s strongest sell pressure since August. Prediction market volume hit a new all-time high, increasingly acting as an on-chain “expectations pricing layer.” Polymarket is driving a surge in USDC usage, and Mizuho upgraded Circle’s rating while highlighting its growth optionality. SUI is set to unlock roughly $60.94 million worth of tokens over the next 7 days, representing 11% of circulating supply.