🚗 #GateSquareCommunityChallenge# Round 1 — Who Will Be The First To The Moon?
Brain challenge, guess and win rewards!
5 lucky users with the correct answers will share $50 GT! 💰
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📅 Ends at 16:00, Sep 17 (UTC)
The current market is mainly waiting for a strong period for Ethereum. Although there is no liquidity on weekends, the rebound is quite weak. This week, Bitcoin ETF has seen an outflow of 670 million, and Ethereum has seen an outflow of 150 million, still affected by the US Non-farm Payrolls (NFP) data from a few days ago, along with the Fed's five consecutive inactions and the escape of risk-averse funds due to the tariff incident. In fact, the outflow of funds from Ethereum ETF is still relatively good compared to a lot of large investors buying the dip recently. The interest rate cuts are also coming soon, but the main thing is that Trump should stop bringing up tariffs. There is no rush to get on board; wait for a reversal signal. Once Eth becomes strong, altcoins can also start to have the next wave of opportunities.