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Hundreds of contracts settled in USDT or BTC
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HOT
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Pledge one crypto to borrow another
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One-Stop Lending Hub
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New
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New
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Soft Staking
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- 🎯 To further enhance the user experience on Gate Square, we sincerely invite you to take part in our first User Experience Survey 👉 https://www.gate.com/questionnaire/7086
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👉 https://www.gate.com/announcements/articl - 🌕 Gate Square · Creator Incentive Program Day 10 Topic– #Fed Cuts Rates By 25 Bps# !
Share trending topic posts, and split $5,000 in prizes! 🎁
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🔥 Day 10 Hot Topic: Fed Cuts Rates By 25 Bps
The Fed lowered its benchmark rate by 25 basis points to 4.00%–4.25%, in line with market expectations. This marks the restart of the rate-cut cycle since the pause last December. Lower rates often boost liquidity and risk appetite, which could be - 🚀 Gate Square Newbie Village · Episode 1 ✖️ @Ryakpanda Community
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$SOL
SOL has really taken off this time 🚀! After breaking through $218, it shot up directly, now aiming for $260 with great momentum 🔥.
But be aware that the $240-260 range is a strong resistance zone, and bears may fight hard to defend it here. If SOL is really pushed down here, the bulls will need to defend the 20-day moving average ($210). If they can hold that, there will be a chance to push up to $260, or even touch $295💥.
Conversely, if the 20-day moving average cannot be held, it means that short-term funds are starting to flee 💨, and SOL is likely to return near the upward trend line to seek support.