🔥 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
📊 BTCDOM Analysis - identifying the current market trend
Bitcoin dominance continues its correction in a descending structure, with each resistance retest proving unsuccessful - just today, it faced rejection from a key level.
At present, it's evident that the momentum is still expanding. Considering Elliott Wave theory, we've completed the final diagonal in wave 5, and the indicator is gearing up for further correction.
One observation stands out – the true altseason has yet to kick in. The early-month 1.5% drop in dominance coincided with strong pumps in the altcoin market, with the indicator still hovering at the peaks at that time. Now, it's ready to dip below 50%.
We've discussed the impact of falling BTC dominance on the market multiple times. So, I'm actively seeking fundamentally strong altcoins to open the trades before the upcoming wave.
❗️ Important - the decline in dominance aligns with a flat and accumulation in BTC. It's a crucial point - the overall market trend remains on the rise.
#ContentStar #HotTopicDiscussion #BTC #ContentMining