🔥 Gate Square Event: #PostToWinNIGHT 🔥
Post anything related to NIGHT to join!
Market outlook, project thoughts, research takeaways, user experience — all count.
📅 Event Duration: Dec 10 08:00 - Dec 21 16:00 UTC
📌 How to Participate
1️⃣ Post on Gate Square (text, analysis, opinions, or image posts are all valid)
2️⃣ Add the hashtag #PostToWinNIGHT or #发帖赢代币NIGHT
🏆 Rewards (Total: 1,000 NIGHT)
🥇 Top 1: 200 NIGHT
🥈 Top 4: 100 NIGHT each
🥉 Top 10: 40 NIGHT each
📄 Notes
Content must be original (no plagiarism or repetitive spam)
Winners must complete Gate Square identity verification
Gat
#以太坊行情技术解读 On December 10th, the Federal Reserve announced a 25 basis point rate cut, and this news instantly ignited the crypto community. As a representative of risk assets, the cryptocurrency market's reaction was quite intense — initially rallying collectively, then immediately entering a plunge mode.
Specifically, $BTC showed the most dramatic fluctuations. It surged from $92,000 to a high of $94,500, appearing to have strong momentum, but the good times didn't last long. It then entered a continuous decline, falling to $90,877.1 by 9:37 AM that day, a drop of 1.23%.
Other mainstream coins also didn't escape this adjustment. $ETH fell by 0.84%, while $SOL's decline was more dramatic, over 3%. The most severe was Dogecoin, which dropped more than 4% directly.
This wave of market movement reflects a re-pricing of the macro environment. The Fed's rate cut signal should have been positive for risk assets, but reality has shown us that the logic of the crypto market is often more complex than imagined. With short-term volatility being intense, is this a bottoming accumulation or a sign of a top? This is a question worth pondering.