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- 📢 Gate Square #Creator Campaign Phase 2# is officially live!
Join the ZKWASM event series, share your insights, and win a share of 4,000 $ZKWASM!
As a pioneer in zk-based public chains, ZKWASM is now being prominently promoted on the Gate platform!
Three major campaigns are launching simultaneously: Launchpool subscription, CandyDrop airdrop, and Alpha exclusive trading — don’t miss out!
🎨 Campaign 1: Post on Gate Square and win content rewards
📅 Time: July 25, 22:00 – July 29, 22:00 (UTC+8)
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Post original content (at least 100 words) on Gate Square related to
- 📢 Gate Square #MBG Posting Challenge# is Live— Post for MBG Rewards!
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1️⃣ Research the MBG project
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Take part in MBG activities (CandyDrop, Launchpool, or spot trading), and post your screenshots, earnings, or step-by-step tutorials. Content can include profits, beginner-friendl
- 🎉 Gate Square’s "Spark Program" Surpasses 1,000 KOLs!
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- 📢 #Gate Square Writing Contest Phase 3# is officially kicks off!
🎮 This round focuses on: Yooldo Games (ESPORTS)
✍️ Share your unique insights and join promotional interactions. To be eligible for any reward, you must also participate in Gate’s Phase 286 Launchpool, CandyDrop, or Alpha activities!
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As of May 29, 2025, Bitcoin (BTC) is trading at approximately $107,621, reflecting a slight decline of 0.56% for the day.
Technical Overview:
Trend Analysis: Bitcoin continues to exhibit a bullish trend, characterized by higher highs and higher lows. The price is approaching a significant resistance level at $110,000.
Moving Averages: The 50-day moving average (MA50) is positioned above the 200-day moving average (MA200), indicating strong short-term momentum.
Resistance Levels: Key resistance is identified in the $116,000–$128,000 range, which may present challenges for further upward movement.
Market Sentiment:
Investor sentiment remains optimistic, bolstered by:
Institutional Adoption: Increased participation from institutional investors, including significant Bitcoin holdings by companies like MicroStrategy.
Regulatory Environment: Favorable regulatory developments, such as the appointment of pro-crypto officials, have enhanced market confidence.
Accumulation by Large Investors: Data indicates strong accumulation by large holders, signaling continued bullish sentiment.
Future Outlook:
Analysts project potential price targets ranging from $120,000 to $145,000, contingent on sustained momentum and favorable market conditions.
Risk Considerations:
Despite the positive outlook, Bitcoin's price remains susceptible to volatility. Investors should be prepared for potential price fluctuations and consider risk management strategies accordingly.
If you would like more detailed analysis or information on specific aspects of Bitcoin's market performance, feel free to ask.