🎉 #Gate Alpha 3rd Points Carnival & ES Launchpool# Joint Promotion Task is Now Live!
Total Prize Pool: 1,250 $ES
This campaign aims to promote the Eclipse ($ES) Launchpool and Alpha Phase 11: $ES Special Event.
📄 For details, please refer to:
Launchpool Announcement: https://www.gate.com/zh/announcements/article/46134
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]
1️⃣ Post with the hashtag #Gate Alpha 3rd
Analysis: Bitcoin's market dominance exceeding 60% has reached the resistance zone, which may be beneficial for alts.
PANews April 12 news, according to Newsbtc, cryptocurrency analyst El Crypto disclosed data showing that Bitcoin's market dominance has exceeded 60% and has reached resistance zones. Judging from the historical trend over the past year and a half, this trend has entered the pullback area, while the Relative Strength Index (RSI) is also in the Overbought zone, which indicates that the market may be favorable for alts or may welcome a Rebound. In addition, cryptocurrency analyst Kevin Capital seems to hold an optimistic view on the subsequent market of alts, however, he warns that the situation for ETH may be different, as ETH has performed poorly throughout the cycle.