- Pin
- 🔥 Gate Post Ambassador Exclusive Posting Reward Task Is On!
👉 Post daily from May 19 to May 25 and share a $300 prize pool based on your post quality!
Join now: https://www.gate.io/questionnaire/6679
Registration deadline: May 20 10:00 UTC
🎁 Reward Details:
S-Level Weekly Ranking Reward
Post every day for 7 days with an overall quality score above 90 to qualify for S-Level.
2 outstanding ambassadors will each receive a $50 trading fee rebate voucher.
A/B-Level Tiered Rewards
Based on the number of posts and their quality, ambassadors will be ranked and rewarded accordingly:
A-Level:
Post on
- Gate Brand Strategy Major Upgrade
Launching our global domain Gate.com, alongside a brand-new logo!
With a cleaner, more distinctive, universally recognized visual identity, we're moving from industry leader to true pace-setter.
✨ Three Pillars of Our Strategic Upgrade
1. User First: Serving 23 million users worldwide, with a reserve ratio of 128.57%, solidly among the top in the industry.
2. Tech Innovation: Pioneering the use of zero-knowledge proofs to verify reserve security.
3. Global Compliance: One of the few crypto platforms legally operating across multiple regions.
Just as we declare
- 🔵 #Altcoin Season Index Hits 24#
CoinMarketCap data shows the altcoin season index has climbed to 24, up 2 points from yesterday. Among the top 100 projects by market cap, about 24 have outperformed BTC over the past 90 days. Do you think the altcoin season is true here? Which sectors do you expect to lead the charge? Share your predictions!
🔵 #Saylor Hints at More BTC Buying#
Michael Saylor, founder of Strategy, recently released new Bitcoin Tracker updates. Historically, Strategy tends to disclose BTC accumulation the day after such announcements.
What’s your take—will they increase thei - 🔵 #Can BTC Break $110K?#
Bitcoin recently broke above $107,000 and is currently trading around $105,000, just shy of its all-time high at $109,580. Do you think Bitcoin can set a new record and push past $110,000? Share your analysis and predictions with us!
🔵 #AI Token Market Cap Rebounds#
According to CoinGecko, the total market cap of the AI agent sector has rebounded to $6.862 billion, with a 1.2% increase in the past 24 hours. Notably, VIRTUAL surged 18.5%, and AI16Z rose 7.1%. Which AI tokens are you bullish on? How are you planning your portfolio strategy? Let’s hear your thoughts! - 🍕 Bitcoin Pizza Day is Almost Here!
Join the celebration on Gate Post with the hashtag #Bitcoin Pizza Day# to share a $500 prize pool and win exclusive merch!
📅 Event Duration:
May 16, 2025, 8:00 AM – May 23, 2025, 06:00 PM UTC
🎯 How to Participate:
Post on Gate Post with the hashtag #Bitcoin Pizza Day# during the event. Your content can be anything BTC-related — here are some ideas:
🔹 Commemorative:
Look back on the iconic “10,000 BTC for two pizzas” story or share your own memories with BTC.
🔹 Trading Insights:
Discuss BTC trading experiences, market views, or show off your contract gai
Ethereum Eyes Breakout as Symmetrical Triangle Pattern Tightens
Ethereum’s monthly chart shows a long-term symmetrical triangle, with a breakout potentially leading to a $6,000 price target.
Whale accumulation has surged to its highest level since 2017, even amid some long-term holders selling off early ETH.
Institutional moves, including ETF filings and exchange futures, have boosted Ethereum’s price structure and market confidence.
Veteran trader Peter Brandt has highlighted a developing symmetrical triangle on Ethereum's monthly chart, dating back to 2021. The structure features lower highs and higher lows, compressing Ethereum’s price into a narrowing range. According to Brandt, this formation could lay the groundwork for a significant upward movement.
Ethereum recently rebounded from the lower boundary of the triangle, between $1,728 and $2,150, closing May 2025 at $2,314.46. This represented a monthly gain of over $500. Brandt indicated that a confirmed breakout above the $2,850 to $2,900 resistance range may support a climb toward $5,600 or even $6,000.
Historical pattern resemblance strengthens outlook
Other analysts have drawn parallels with Ethereum’s 2020 chart, where a similar ascending triangle led to a steep price rally. The current price structure shows a horizontal resistance level matched with a rising support trendline. The latest breakout attempt in 2025 has been accompanied by an increase in buying volume and a strong monthly candle, enhancing the likelihood of continued momentum.
The pattern forming beneath Ethereum’s current price resembles a parabolic curve, similar to the base seen before the multi-month rally in 2020. This underlying support adds technical strength to the bullish scenario being outlined by several analysts.
Institutional interest grows with ETF filings
Institutional developments have also supported Ethereum’s recent gains. BlackRock filed for an Ethereum ETF with staking features shortly after the latest network upgrade. This has contributed to renewed investor confidence and expectations of a fresh all-time high in the medium term.
On-chain data reveals that accumulation wallets are receiving the highest inflows since 2017. Despite ongoing selling from an early Ethereum ICO participant, who offloaded 1,900 ETH for $4.44 million, whale buying remains dominant.
In a related development, Brazil’s B3 exchange will introduce ETH and SOL futures in mid-June. This expansion of crypto derivatives in Latin America reflects growing market demand, supported by higher stablecoin liquidity and optimism about possible U.S. interest rate reductions.
The post Ethereum Eyes Breakout as Symmetrical Triangle Pattern Tightens appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.