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- 🎊 ETH Deposit & Trading Carnival Kicks Off!
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- 📢 ETH Heading for $4800? Have Your Say! Show Off on Gate Square & Win 0.1 ETH!
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- 🧠 #GateGiveaway# - Crypto Math Challenge！
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1️⃣ Follow Gate_Square
2️⃣ Like this post
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📅 Ends at 4:00 AM July 22 (UTC)
- 🎉 #Gate Alpha 3rd Points Carnival & ES Launchpool# Joint Promotion Task is Now Live!
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This campaign aims to promote the Eclipse ($ES) Launchpool and Alpha Phase 11: $ES Special Event.
📄 For details, please refer to:
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Alpha Phase 11 Announcement: https://www.gate.com/zh/announcements/article/46137
🧩 [Task Details]
Create content around the Launchpool and Alpha Phase 11 campaign and include a screenshot of your participation.
📸 [How to Participate]
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The STH MVRV index shows that Bitcoin has room to increase by 20–25%.
According to CryptoQuant, the MVRV index of the short term holding group (STH) is currently at 1.15 – below the threshold of 1.35 that usually triggers take profit behavior. During this cycle, the unrealized profit of STH has never exceeded 42%, and each time it hits the +35% mark ( corresponding to MVRV ~1.35) has led to short-term corrections.
The actual price of STH surpassed 100,000 USD for the first time on July 11 and is now above 102,000 USD, indicating there is still room for an increase of about 20–25% before BTC faces significant take profit pressure.