🔥 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
#BitcoinActivityPicksUp
Analyst TXMC’s observation about rising on-chain activity despite recent price pullbacks is something I’ve been watching closely as well. Historically, when Bitcoin experiences a correction but on-chain fundamentals continue strengthening, it often signals bull-market continuation rather than a cycle top. What we’re seeing now is increased wallet activity, rising long-term holder accumulation, and consistent miner network health all indicators that deeper structural demand is still present beneath the volatility.
The recent pullbacks, especially after BTC slipped below some of the short-term support zones, look more like liquidity sweeps than a true trend reversal. Whales, long-term holders, and institutions have continued accumulating on dips, which suggests confidence in the broader macro outlook. At the same time, exchange reserves keep declining, meaning fewer coins are being positioned for selling pressure. This divergence between price and fundamentals has historically preceded strong bullish continuation phases.
From my personal strategy perspective, I’m treating these dips as strategic entry opportunities rather than threats. I’ve positioned myself in a staggered accumulation mode, buying BTC on deep pullbacks while leaving some capital aside for volatility spikes. Instead of chasing momentum, I’m focusing on buying near key support zones and letting the broader trend play out. I also pay close attention to funding rates, ETF inflows/outflows, and long-term holder behavior to avoid getting caught in overheated short-term sentiment.
Right now, my outlook remains cautiously bullish. As long as on-chain metrics stay strong rising active addresses, growing transaction volume, and sustained long-term holder confidence I believe the macro structure of the bull market remains intact. Pullbacks are normal, especially in the middle stages of a cycle. What matters is the underlying conviction, and from what the data shows, that conviction hasn’t faded.
How are you positioning yourself in this environment? Are you buying dips, waiting for confirmation, or adjusting your strategy until volatility cools down?