💙 Gate Square #Gate Blue Challenge# 💙
Show your limitless creativity with Gate Blue!
📅 Event Period
August 11 – 20, 2025
🎯 How to Participate
1. Post your original creation (image / video / hand-drawn art / digital work, etc.) on Gate Square, incorporating Gate’s brand blue or the Gate logo.
2. Include the hashtag #Gate Blue Challenge# in your post title or content.
3. Add a short blessing or message for Gate in your content (e.g., “Wishing Gate Exchange continued success — may the blue shine forever!”).
4. Submissions must be original and comply with community guidelines. Plagiarism or re
BTC's Actual Loss Increases 3 Times the Weekly Average - Strong Correction or Recession?
Bitcoin has faced its first major correction since early November, dropping 13% from its all-time high of $108,364. This sudden drop has sent shockwaves across the entire cryptocurrency market, shifting sentiment from extremely optimistic to uncertain and even fearful. This sell-off has been particularly brutal for altcoins, many of which are experiencing significant losses as Bitcoin struggles to regain momentum. The key figures from CryptoQuant highlight the severity of the situation, with the total actual loss amounting to $28.9 million—more than 3.2 times the weekly average. The sharp increase in this actual loss amount indicates that some investors are exiting their positions as the market corrects after weeks of strong gains. The big question now is whether this is just a healthy correction in the upward trend or the beginning of a larger downward trend. Traders are closely monitoring the ability to maintain important support levels for Bitcoin and the behavior of altcoins, which often amplify Bitcoin price fluctuations. Currently, the market is at a crossroads, and in the coming days, it may reveal whether Bitcoin can recover and continue its upward trend - or whether this correction signals a longer-lasting period of weakness. Bitcoin is facing selling pressure Bitcoin is facing significant selling pressure after two days of sharp declines, marking a crucial moment for the market. The sudden change in sentiment has made many analysts and investors cautious, with some turning pessimistic as Bitcoin's recent trend begins to lose momentum. This correction raises the question of whether the current price volatility is a natural pause or a sign of deeper losses to come. Leading analyst Axel Adler recently shared detailed information about X, supported by compelling data on the blockchain, highlighting that losses have surged to $28.9 million. This figure is more than 3.2 times higher than the weekly average, indicating a significant increase in selling activity. Adler's analysis emphasizes that although the sell-off appears alarming, it aligns with a healthy market correction, especially after Bitcoin's notable price surge to $108,300. Please provide the text to be translated Adler notes that the current price drop should not cause panic, but rather be a moment of patience for long-term holders. He emphasizes that now is the time to HODL unless further price drop signals indicate a longer-lasting downward trend. Corrections like this typically provide the market with the necessary fuel for the next upward movement, as weaker hands exit and stronger hands position themselves strategically. Price fluctuations remain crucial as investors closely monitor to determine whether this correction reinforces a solid foundation for future growth or signals the next downward trend. BTC is maintaining its uptrend structure (Present) Bitcoin is trading at $94,400 after three consecutive days of strong selling pressure. Despite the obvious pessimism dampening the market, BTC has been trying to maintain its position above the key support level of $92,000. This support level is crucial as it clearly defines the ongoing upward trend. Staying above this level indicates the potential for a strong recovery and sets the stage for a potential strong rebound if buyers regain control in the upcoming sessions. Please provide the text to be translated Although recent price action reflects uncertainty, the decline is not as severe as market sentiment suggests. Negative emotions have driven many traders to adopt a cautious stance, but the ability of BTC to hold above $92,000 shows underlying strength in the market structure. However, psychology remains a crucial driving force in the market. Restoring confidence will be essential for Bitcoin to reclaim higher levels and continue its upward momentum. If the sentiment does not improve and the price continues to decline, the risk of a deeper correction is likely. Losing the $92,000 support level could pave the way for retesting lower levels, potentially causing further volatility. DYOR! #Write2Win #Write&Earn $BTC {spot}(BTCUSDT)