📢 #Gate Square Writing Contest Phase 3# is officially kicks off!
🎮 This round focuses on: Yooldo Games (ESPORTS)
✍️ Share your unique insights and join promotional interactions. To be eligible for any reward, you must also participate in Gate’s Phase 286 Launchpool, CandyDrop, or Alpha activities!
💡 Content creation + airdrop participation = double points. You could be the grand prize winner!
💰Total prize pool: 4,464 $ESPORTS
🏆 First Prize (1 winner): 964 tokens
🥈 Second Prize (5 winners): 400 tokens each
🥉 Third Prize (10 winners): 150 tokens each
🚀 How to participate:
1️⃣ Publish an
CryptoQuant: MVRV death cross signal appears, Bitcoin downside risk intensifies.
PANews March 31 news, according to CryptoQuant analyst Yonsei dent, the Bitcoin MVRV (Market Value to Realized Value Ratio) indicator showed a "death cross" signal as the 30-day moving average crossed below the 365-day moving average in early March, indicating a weakening of short-term momentum and increased downward pressure. Historical data shows that this signal is usually accompanied by a price pullback. With the current MVRV close to the long-term historical average, the market has moved out of the overheated range, but there has not yet been a clear bottom signal, and investors need to be wary of further fall risks.