🥳 Gate.io 12th Anniversary: 12 Years, One Gate, One World 🥳
【 From the "𝔾𝕒𝕥𝕖𝕨𝕒𝕪 𝕥𝕠 𝕊𝕖𝕔𝕦𝕣𝕚𝕥𝕪" to a Global #Crypto# Leader, We are Stepping into the Next Chapter 】
✨ A new brand upgrade, a brand new " #Gate# " cutting-edge technology, expanding ecosystems and unparalleled security
💪 Trusted by 22M+ users, together we shape the future of crypto!
🎉 Gate.io‘s 12th Anniversary Eventᴇᴠᴇɴᴛ
🗺 Location: Dubai
🗓 Event Date: April 30th, 2025
More: https://www.gate.io/article/44396
#Gateio12Anniversary# #Gateio#
Santiment: The encryption community's bearish sentiment has reached a one-year high. This round of dumping may be a partial bottom created to trigger retail investors' stop loss.
According to the news from TechFlow, on February 3rd, Santiment stated that due to the impact of Trump's trade war, BTC fell to a low point of $91,200 and then rebounded to over $96,000. The media seems to attribute the big dump in various zones to 'Trump's trade war'.
Whether this is the main reason or there are other influencing factors, the reaction of traders in the cryptocurrency community is extremely negative. Bearish comments on social media (compared to bullish comments) have reached the highest level in over a year.
Historical data shows that the market almost always moves in the opposite direction of public expectations. Analysts believe that this round of selling may be to trigger retail traders' stop-loss orders and create a local bottom.