[//]:content-type-MARKDOWN-DONOT-DELETE ![](https://gimg2.gateimg.com/image/ann_en_20250903_152706_485b85ebff0abc645fda2b9c6cc90e5a.webp) * Market Review: On September 3, BTC rebounded after bottoming at $107,261 and hovered around $111,398, with short-term moving averages forming a golden cross, signaling a recovery in rebound momentum. ETH consolidated between $4,063 and $4,300, with short-term averages crossing below the MA30, indicating continued bearish pressure. BTC ETFs saw a net inflow of about $332 million in a single day, while ETH ETFs recorded a net outflow of around $135.3 million. * Trending tokens: SQUID (+102.54%) rallied on short-term speculation and community hype, while GMMT (+67.16%) climbed on strong marketing efforts and positive partnership news. MERL (+30.81%) rose on ecosystem incentive programs and BTC staking rewards. * Alpha Insights: WLFI boosted market confidence by buying back and burning 47 million tokens. Linea launched a 1 billion LINEA liquidity incentive program, aiming to attract $1 billion in TVL. The Ethereum Foundation transferred 10,000 ETH to exchanges for sale, with proceeds earmarked for ecosystem development. * Gate Launchpool: Moonchain (MCH) is currently open for subscription. Until 12:00 (UTC) on September 13, 2025, users who stake ETH or MCH can claim 1,200,000 MCH airdrop for free. Moonchain serves as the AI + Web3 data value layer, with investors including CITIC Group, UOB, and JDI Ventures. Explore Today's Details → Gate Research: Linea Launches Liquidity Incentive Program | Ethereum Foundation Sells More ETH Gate Research is a comprehensive blockchain and cryptocurrency research platform, offering in-depth content including technical analysis, trending insights, market reviews, industry studies, trend forecasts, and macroeconomic policy analysis. **Disclaimer** Investing in cryptocurrencies involves high risks. Users are advised to conduct independent research and fully understand the nature of the assets and products before making any investment decisions. Gate is not responsible for any losses or damages resulting from such investment decisions.
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