🚀 Gate Fun Chinese Meme Fever Keeps Rising!
Create, launch, and trade your own Meme tokens to share a 3,000 GT!
Post your Meme on Gate Square for a chance to win $600 in sharing rewards!
A total prize pool of $3,600 awaits all creative Meme masters 💥
🚀 Launch now: https://web3.gate.com/gatefun?tab=explore
🏆 Square Sharing Prizes:
1️⃣ Top Creator by Market Cap (1): $200 Futures Voucher + Gate X RedBull Backpack + Honor Poster
2️⃣ Most Popular Creator (1): $200 Futures Voucher + Gate X RedBull Backpack + Honor Poster
3️⃣ Lucky Participants (10): $20 Futures Voucher (for high-quality posts)
O
Analysts: Bitcoin has not yet shown obvious signs of "overheating", with the main risk currently being a regular pullback.
BlockBeats news, on August 14, CryptoQuant analyst Axel Adler Jr stated that although Bitcoin has reached an all-time high, the Bitcoin Price Temperature (BPT) remains at a mid-high level of 2.56 (below the local peak of 3.57), indicating that it is currently in a "warm" range in this cycle, but there are no obvious signs of overheating yet. The price remains above the four-year moving average and its +2σ, confirming a bullish trend. The main risk is the regular pullbacks in the upward trend, and the "late-stage" signal will appear when the BPT accelerates to above 3.0.