🎉 #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
The arbitrage close position of US Treasuries has triggered market panic, and BTC long positions may face large-scale liquidation at $73,800 to $74,400.
PANews, April 9 - According to CoinDesk, as the "Basis Trade" liquidation wave hits the U.S. Treasury market, the yield on the 10-year Treasury bond soared to 4.5%, while the 30-year yield approached 5%. The tightening market liquidity has significantly pressured risk assets. Analysis company Hyblock warned that if BTC falls to the range of $73,800-$74,400, it will trigger large-scale liquidation of long positions, exacerbating downward fluctuations. Hyblock also pointed out that the support below is around $70,000, and if it breaks, it may trigger more stop loss and liquidation.