🚀 Gate Square “Gate Fun Token Challenge” is Live!
Create tokens, engage, and earn — including trading fee rebates, graduation bonuses, and a $1,000 prize pool!
Join Now 👉 https://www.gate.com/campaigns/3145
💡 How to Participate:
1️⃣ Create Tokens: One-click token launch in [Square - Post]. Promote, grow your community, and earn rewards.
2️⃣ Engage: Post, like, comment, and share in token community to earn!
📦 Rewards Overview:
Creator Graduation Bonus: 50 GT
Trading Fee Rebate: The more trades, the more you earn
Token Creator Pool: Up to $50 USDT per user + $5 USDT for the first 50 launche
Here's an interesting comparison data - the crypto market is still hiding a ticking time bomb, which is over there in the US stock market.
Looking at the recent pullback: the US stock market has been stagnant for 21 days and only dropped by 3%, but Bitcoin? It has been declining for 42 days, directly cutting off 26%.
What's even more heart-wrenching is that BTC always rushes ahead as a pioneer, and when the U.S. stock market truly falls, it still has to continue dropping alongside it. Most of those analysts on Wall Street are now shouting that the S&P 500 needs to correct by 20-30%, and old man Buffett is even tougher, directly hoarding $381.7 billion in cash—this is using real money to vote, preparing for a 20-35% blow.
Where is the biggest pitfall now? The AI bubble. The S&P price-to-earnings ratio has soared to 40.33, almost matching the peak of the 1999 internet bubble. The top seven tech giants account for 55% of the S&P's gains, putting all the eggs in one basket; how can this not be precarious?
In plain terms, Bitcoin has never been a safe-haven asset; it is simply a product of the liquidity spillover from the US dollar. If the US stock market crashes, the crypto market is likely to suffer first. So, is it time to buy the dip? We should wait for the US stock market to stabilize first. At the current position, the cost-effectiveness of going long or short is pitifully low.