💥 Gate Square Event: #PostToWinCGN 💥
Post original content on Gate Square related to CGN, Launchpool, or CandyDrop, and get a chance to share 1,333 CGN rewards!
📅 Event Period: Oct 24, 2025, 10:00 – Nov 4, 2025, 16:00 UTC
📌 Related Campaigns:
Launchpool 👉 https://www.gate.com/announcements/article/47771
CandyDrop 👉 https://www.gate.com/announcements/article/47763
📌 How to Participate:
1️⃣ Post original content related to CGN or one of the above campaigns (Launchpool / CandyDrop).
2️⃣ Content must be at least 80 words.
3️⃣ Add the hashtag #PostToWinCGN
4️⃣ Include a screenshot s
The $112,000 Zone: Bitcoin's Steel Wall and the Breaking Point of a New Cycle
From the URPD data of Bitcoin, it is clear that the zone of 104,000 – 112,000 USD is the “Key Zone” of the entire BTC chain today — where 2.92 million BTC, equivalent to hundreds of billions of dollars in value, is lying still. Notably, the level of 112,000 USD stands out like a “steel wall” as there are already 600,000 BTC accumulated here, forming an extremely strong natural support zone on the chain. Notably, in the range of 112,000 – 117,000 USD, the amount of BTC has remained virtually unchanged over the past period — a very important sign. It indicates that the weak hands have sold out and left the market, while those who remain are true “diamond hands,” individuals who have weathered all kinds of storms, no longer fearful or greedy — just quietly holding. This very group of “emotionally paralyzed” individuals is creating the solid foundation of the market bottom. As the number of sellers decreases and selling pressure weakens, even though buying power is not yet truly strong, prices gradually become more stable day by day. Currently, the market is in the quietest accumulation phase, where large capital quietly gathers assets. There is no overly exciting news, no FOMO, no strong wave — just a prolonged calm that makes many people start to feel discouraged, even lose patience. But it is precisely when the market is the dullest, and confidence is at its lowest, that smart money often begins to act. This is the classic cycle of Bitcoin: “Silently falling – sharpening psychology – then suddenly breaking out.” When the majority of investors have been swept out by stop-losses and their confidence has been eroded, that is also when a new bullish cycle quietly begins. The market does not strike with logic – it strikes at human emotions. And in the current silence, the explosion point is being prepared more subtly than ever.