🍕 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
Analyst: Technical factors are driving ETH's recent upward movement, but the enthusiasm for capital allocation remains limited.
On May 17, David Duong, Head of CEX Institutional Research, posted on social media, "The statement I wrote down on Thursday night still applies: Last week, the rise of ETH was mainly driven by technical factors, backed by a large number of misaligned positions, short positions covering, and subsequent re-building a position. This round of pump is actually ETH catching up with peers like BTC and SOL. However, we believe that such price movement does not represent a strong allocation intention for ETH in the broader market, and demand remains limited."