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- 📢 Gate Square #Creator Campaign Phase 2# is officially live!
Join the ZKWASM event series, share your insights, and win a share of 4,000 $ZKWASM!
As a pioneer in zk-based public chains, ZKWASM is now being prominently promoted on the Gate platform!
Three major campaigns are launching simultaneously: Launchpool subscription, CandyDrop airdrop, and Alpha exclusive trading — don’t miss out!
🎨 Campaign 1: Post on Gate Square and win content rewards
📅 Time: July 25, 22:00 – July 29, 22:00 (UTC+8)
📌 How to participate:
Post original content (at least 100 words) on Gate Square related to
- 📢 Gate Square #MBG Posting Challenge# is Live— Post for MBG Rewards!
Want a share of 1,000 MBG? Get involved now—show your insights and real participation to become an MBG promoter!
💰 20 top posts will each win 50 MBG!
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1️⃣ Research the MBG project
Share your in-depth views on MBG’s fundamentals, community governance, development goals, and tokenomics, etc.
2️⃣ Join and share your real experience
Take part in MBG activities (CandyDrop, Launchpool, or spot trading), and post your screenshots, earnings, or step-by-step tutorials. Content can include profits, beginner-friendl
- 🎉 Gate Square’s "Spark Program" Surpasses 1,000 KOLs!
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👉 https://www.gate.com/announcements/article/45695
#Bitcoin Whale Moves#
Chart of the Day: Bitcoin Holds Steady Before Another Breakout
Bitcoin's price shows signs of stability at $117,000, with optimists targeting to reach and stabilize above $120,000. The attempt to recover on Wednesday failed to break the $120,000 barrier, leading to a short correction to its daily low of $117,017.
Despite the calm that the price of Bitcoin has experienced over the past 24 hours, it appears to be bullish technically, supported by a buy signal backed by the Moving Average Convergence Divergence (MACD) indicator since June 26.
The crossing of the blue MACD line above the red signal line indicated a buy signal for traders to consider purchasing Bitcoin. If the signal holds with the expansion of the green histogram above the zero line, the lower resistance path may remain bullish, increasing the likelihood of Bitcoin reaching its all-time high of $123,218.
Nonetheless, traders should temper their bullish expectations considering that the Relative Strength Index (RSI) is approaching the overbought territory at 69. Profit-taking and volatility due to macroeconomic uncertainty could lead to a reversal towards the 50-day Exponential Moving Average (EMA), which currently stands at $108,990.