💥 Gate Square Event: #PostToWinPORTALS# 💥
Post original content on Gate Square related to PORTALS, the Alpha Trading Competition, the Airdrop Campaign, or Launchpool, and get a chance to share 1,300 PORTALS rewards!
📅 Event Period: Sept 18, 2025, 18:00 – Sept 25, 2025, 24:00 (UTC+8)
📌 Related Campaigns:
Alpha Trading Competition: Join for a chance to win rewards
👉 https://www.gate.com/announcements/article/47181
Airdrop Campaign: Claim your PORTALS airdrop
👉 https://www.gate.com/announcements/article/47168
Launchpool: Stake GT to earn PORTALS
👉 https://www.gate.com/announcements/articl
BTC indicators show a "partial bottoming out"
BlockBeats News, on August 12th, BTC issued its third 'local bottom' signal in 2024. According to the latest research released by the on-chain analysis platform CryptoQuant on August 8th, the Network Value to Transactions (NVT) Golden Cross (NVT-GC) tool showed a bullish trend. BTC's price has experienced an 'excessive cooling'. This week, BTC faces a warning of another price drop as the Moving Average (MA) has formed a so-called 'death cross'. However, other market indicators call for a continued rebound. One of them is NVT-GC, which CryptoQuant describes as a volatility indicator similar to Bollinger Bands. NVT compares BTC's Market Cap with its transaction value within a specific time range, while the Golden Cross version compares long-term and short-term NVT values. The result is a rough guide to local market tops and bottoms, and three such bottom signals have already been generated in 2024.