🍕 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
Today is the 323rd day of my dynamic posting, and it hasn't stopped for a day. Each one is not perfunctory, but carefully prepared.
if you think I'm a serious person, you can walk with me, and I hope that the daily content can help you. The world is big, and I'm small, so pay attention so that it's not hard to find.
Today's cryptocurrency market shows a mixed trend, with BTC oscillating in the range of $93,000-$95,000, and the total market capitalization slightly decreasing to $2.92 trillion. Although BTC ETF has recorded significant net inflows for two consecutive weeks, it still faces short-term bearish resistance in the range of $97,000-$99,500. If it breaks through, it may challenge the psychological level of $100,000. Meanwhile, Ethereum (ETH) remains between $1,700-$1,800, with a market share of 7.4%. In the short term, it lacks independent market momentum, and the market is paying attention to whether tomorrow's upgrade can bring a new breakthrough.
The Meme sector performed well, with fully circulating tokens like POPCAT favored by funds, leading in price increases. Additionally, BTC leveraged trading volume increased by over 40% week-on-week, driven by a recovery in market sentiment that boosted demand for high-risk strategies. Institutional funds continue to flow in, with BlackRock ETF seeing a net subscription of 1 billion in a single day.
The US Dollar Index (DXY) weakened to 104.5, providing support for BTC, but the high leverage (close to the peak of the 2021 bull market) increases the risk of a pullback. Investors should pay attention to regulatory dynamics and technical resistance. In the short term, one can focus on the popularity of Meme coins and the ETH upgrade market, while in the medium to long term, the flow of funds into BTC ETFs remains a key indicator.
Summary: Today's market sees intensified tug-of-war between bulls and bears, BTC is gathering momentum for a breakout, Meme coins and leveraged trading are active, and investors need to balance returns and risks, closely monitoring macro policies and key technical breakpoints.