🔥 Gate Square Event: #PostToWinNIGHT 🔥
Post anything related to NIGHT to join!
Market outlook, project thoughts, research takeaways, user experience — all count.
📅 Event Duration: Dec 10 08:00 - Dec 21 16:00 UTC
📌 How to Participate
1️⃣ Post on Gate Square (text, analysis, opinions, or image posts are all valid)
2️⃣ Add the hashtag #PostToWinNIGHT or #发帖赢代币NIGHT
🏆 Rewards (Total: 1,000 NIGHT)
🥇 Top 1: 200 NIGHT
🥈 Top 4: 100 NIGHT each
🥉 Top 10: 40 NIGHT each
📄 Notes
Content must be original (no plagiarism or repetitive spam)
Winners must complete Gate Square identity verification
Gat
Bitcoin Cash has achieved a nearly 40% increase, becoming the best-performing tier-one asset this year
#BCH has achieved a nearly 40% increase this year, making it the best-performing tier-one asset, surpassing #BNB , #Hyperliquid , #Tron , and #XRP . Most major tier-one networks—including Ethereum, Solana, Avalanche, Cardano, and Polkadot—continue to perform extremely poorly, with some assets down more than 50%.
Analysts at crypto research firm Crypto Curio attribute Bitcoin Cash’s performance to its “clean supply dynamics”: no token unlocks, no institutional treasuries, and no VC selling. Since the total supply is already in circulation, there is limited selling pressure. Even without an official X account, Bitcoin Cash has still outperformed.
Meanwhile, trader Michael van de Poppe said that Bitcoin may first decline and then rise in the short term. He expects Bitcoin’s price to drop to $87,000 before the next Fed meeting, setting a new recent low before rebounding. If Bitcoin decisively breaks above $92,000, it could quickly surge to $100,000 within one to two weeks.
However, if $86,000 is lost, it may test $80,000; if it fails to break above $92,000, the bullish outlook will be invalidated.
Crypto analysts T, X, M, and C pointed out that Bitcoin’s “activity” metric—which tracks the behavior of long-term holders—is rising again. Historically, this pattern indicates an early or mid-stage bull market cycle. The increase in this metric suggests that, despite weak price performance, fundamental demand is stronger, old coins are starting to move, and accumulation remains active.
$BCH