Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
A major exchange today executed a large order—1320 BTC, with a transaction volume of up to $120 million. Interestingly, despite such a large buy order coming in, Bitcoin didn't react much and instead appeared somewhat indifferent. The logic behind this is quite clear: there are strong buyers, and there are also quite a few sellers, and the forces on both sides have reached a strange equilibrium.
Looking at Bitcoin's performance over the past ten days in January, it seems quite challenging to truly break the four-year bull-bear cycle and trigger a genuine long-term bull market. Market sentiment is still somewhat conflicted—large funds are testing the waters, retail investors are watching cautiously, and a true consensus has yet to form. How long this stalemate can last remains to be seen.