🔥 Gate Square Event: #PostToWinNIGHT 🔥
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📅 Event Duration: Dec 10 08:00 - Dec 21 16:00 UTC
📌 How to Participate
1️⃣ Post on Gate Square (text, analysis, opinions, or image posts are all valid)
2️⃣ Add the hashtag #PostToWinNIGHT or #发帖赢代币NIGHT
🏆 Rewards (Total: 1,000 NIGHT)
🥇 Top 1: 200 NIGHT
🥈 Top 4: 100 NIGHT each
🥉 Top 10: 40 NIGHT each
📄 Notes
Content must be original (no plagiarism or repetitive spam)
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Gat
#今日你看涨还是看跌? We previously mentioned the ETH/BTC triangle breakout, and the breakout is still holding steady.
This suggests that ETH will outperform BTC in an upward trend and has stronger resistance to declines compared to BTC.
The day before yesterday, when ETH was at 3140, BTC was at 92k. After two days of adjustment, ETH is still around this price, while BTC is now at 90.5k.
$BTC $ETH
This indicates that in an uptrend, ETH will outperform BTC in terms of gains, and in a downtrend, ETH will underperform BTC in terms of losses.
Therefore, we can form a relatively low-risk contract arbitrage strategy:
Go long on ETH and short on BTC during an uptrend.