🚗 #GateSquareCommunityChallenge# Round 2 — Which coin is not listed on Gate Launchpad❓
Time to prove if you’re a true Gate veteran!
💰 Join the challenge — 5 lucky winners will share $50 in GT!
👉 How to participate:
1️⃣ Follow Gate_Square
2️⃣ Like this post
3️⃣ Comment with your answer
🗓️ Deadline: October 8, 2025, 24:00 (UTC+8)
Viewpoint: This round of fall is a controllable deleveraging event in the Crypto Assets market.
On September 23, in response to yesterday's sharp fall in the crypto market, several institutional analysts believe this is a manifestation of market deleveraging. Griffin Sears, the global derivatives head of FalconX, stated that the latest wave of decline is a controllable deleveraging event in the crypto assets market. However, compared to a year ago, the increase in leverage in the crypto assets market still leaves ample room for unusually large fluctuations. Chris Newhouse, research director at decentralized finance research company Ergonia, indicated that the sharp decline of Ethereum reflects excessive leverage encountering insufficient liquidity, rather than any fundamental catalysts. Caroline Mauron, co-founder of Orbit Markets, believes that the market is consolidating after the significant pullback yesterday, but the sentiment still feels quite tense; if Bitcoin falls below $110,000 or Ethereum falls below $4,000, it could lead to further dumping. (Jin10)