📢 #Gate Square Writing Contest Phase 3# is officially kicks off!
🎮 This round focuses on: Yooldo Games (ESPORTS)
✍️ Share your unique insights and join promotional interactions. To be eligible for any reward, you must also participate in Gate’s Phase 286 Launchpool, CandyDrop, or Alpha activities!
💡 Content creation + airdrop participation = double points. You could be the grand prize winner!
💰Total prize pool: 4,464 $ESPORTS
🏆 First Prize (1 winner): 964 tokens
🥈 Second Prize (5 winners): 400 tokens each
🥉 Third Prize (10 winners): 150 tokens each
🚀 How to participate:
1️⃣ Publish an
#BTC#
📊 Bitcoin (BTC) Highlights Today
Current Price: ~$122,600–$123,000 — a fresh all-time high above $120K
24‑Hour Gain: +3–3.5%, fueled by strong institutional activity
Key Drivers:
Crypto Week in U.S. Congress (Genius Act, Clarity Act) bringing regulatory clarity
Massive ETF inflows (~$1.18B today; $15B+ YTD)
Macro tailwinds: weak USD, inflation, possible Fed rate cuts, and Trump’s strategic Bitcoin reserve initiative
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🚀 Technical & Sentiment Snapshot
Resistance Breakout: Surpassed $120K; next targets at $130K+
Caution Signs: Fear & Greed index at ~70, raising overheating concerns
On‑Chain Strength: Long-term holders accumulating; whales continuing to fuel momentum
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✅ Quick Takeaways & Strategy
1. ⚖️ Bullish bias intact — fresh ATH and healthy volume support continued upside.
2. 📈 Next targets: $130K+ if momentum holds; possible consolidation around $120K–122K.
3. 🛡️ Risk management: Watch for dips or news-driven volatility, with alerts on potential profit-taking.
4. 📩 Stay tuned: ETF flows and legislative updates remain key catalysts.
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🎯 Summary
Bitcoin is riding a powerful bull wave, buoyed by ETF dominance, regulatory progress, macro support, and strategic policy moves. Breaking the $120K barrier opens new upside potential—but elevated sentiment suggests staying vigilant for any pullbacks.
#BTC Hits New High#