New Version, Worth Being Seen! #GateAPPRefreshExperience
🎁 Gate APP has been updated to the latest version v8.0.5. Share your authentic experience on Gate Square for a chance to win Gate-exclusive Christmas gift boxes and position experience vouchers.
How to Participate:
1. Download and update the Gate APP to version v8.0.5
2. Publish a post on Gate Square and include the hashtag: #GateAPPRefreshExperience
3. Share your real experience with the new version, such as:
Key new features and optimizations
App smoothness and UI/UX changes
Improvements in trading or market data experience
Your fa
Derivatives market bloodbath: $573 million liquidated
The price collapse triggered a flurry of liquidations on trading platforms. Within 24 hours, the market saw over $573 million in liquidated positions, the vast majority of which were long positions (buyers betting on the upside).
This long squeeze accelerated the decline, forcing algorithms and traders to sell into the market to cover losses. Volatility has peaked, and Bitcoin is currently testing critical support levels. If selling pressure continues and the S&P 500 (particularly tech stocks like Nvidia) confirms this downward trend at the US open, BTC could once again surpass the $60,000-$70,000 level.$BTC #DecemberMarketOutlook #DecemberRateCutForecast #AreYouBullishOrBearishToday? #SpotETFApprovalUpdates #CryptoMarketWatch