💞 #Gate Square Qixi Celebration# 💞
Couples showcase love / Singles celebrate self-love — gifts for everyone this Qixi!
📅 Event Period
August 26 — August 31, 2025
✨ How to Participate
Romantic Teams 💑
Form a “Heartbeat Squad” with one friend and submit the registration form 👉 https://www.gate.com/questionnaire/7012
Post original content on Gate Square (images, videos, hand-drawn art, digital creations, or copywriting) featuring Qixi romance + Gate elements. Include the hashtag #GateSquareQixiCelebration#
The top 5 squads with the highest total posts will win a Valentine's Day Gift Box + $1
Tonight, the Crypto Assets market is showing some interesting dynamics. Bitcoin (BTC) experienced a rapid fall today after fluctuating at high levels. The reasons behind this abrupt change are worth pondering: Is it to prepare for a rise after the upcoming important news announcement? Or is it influenced by the continuing low market sentiment? There is currently no clear answer.
From a technical analysis perspective, the current Relative Strength Index (RSI) has entered the oversold territory, and a rebound may occur in the short term. Investors should closely monitor the key support level of 111900. If this level is breached and the rebound is weak, it may be necessary to adjust strategies in a timely manner to avoid further downside risk. Conversely, if the support holds, it is advisable to observe subsequent trading volume and related news to determine whether a corrective rebound will occur.
For Ethereum (ETH), it is recommended to observe around the 4255-4180 range, with a target price near 4330-4450.
It is worth noting that today coincides with the so-called 'Black Friday', which may have a certain impact on market sentiment. In addition, the release of the initial jobless claims data in the United States may also become one of the factors influencing the short-term market direction.
In this complex and ever-changing market environment, investors need to remain calm, closely monitor market dynamics, and manage risks reasonably. At the same time, they should also pay attention to broader macroeconomic indicators and policy changes, as these factors often have a profound impact on the Crypto Assets market.