- Pin
- 🚀 Gate.io #Launchpad# Initial Offering: #PFVS#
🏆 Commit #USDT# to Share 10,000,000 #PFVS# . The More You Commit, the More $PFVS You Receive!
📅 Duration: 03:00 AM, May 13th - 12:00 PM, May 16th (UTC)
💎 Commit USDT Now: https://www.gate.io/launchpad/2300
Learn More: https://www.gate.io/announcements/article/44878
#GateioLaunchpad#
- 🧧 Join Gate.io Chat Community to Grab Red Packet Airdrops Everyday!
⏰ Click the red packet icon as soon as the countdown ends. First come, first served.
🥳 Remember to claim your lucky red packet & do not miss out!
➜ Join Gate.io Chat Community:
Open Gate.io App » Click "Home" » Click "Post" at the bottom of the Home-"Chat" » Enter Gate.io Group or
➜ Click the Link to Enter: https://gateio.onelink.me/LHro/group?chatroom=group
- 📣 Trade #GT# to share $10,000! Newcomer Gifts Up for Grabs Also
👉🏻 Join Now: https://www.gate.io/campaigns/903
🔹 Participate in #GT# check-in challenge to win $7,000 in rewards - all users available
🔹 Sign up and win $3,000 prizes - new user special
🔗 Event Details: https://www.gate.io/announcements/article/44813
- #Will BTC Hit a New High?#
BTC has broken past $100,000 and is now consolidating near its peak. What’s your outlook on the next move? With bullish sentiment on the rise, could BTC reach a new all-time high?
#Crypto Market Rebounds#
The crypto market is rallying across the board — altcoins are gaining momentum, and Memecoins are heating up! 🔥MOODENG is up over 100%, while PNUT and VIRTUAL have each gained more than 45%. The total crypto market cap has now exceeded $3.22 trillion!
What’s next for the market? Which rebound tokens are you most bullish on?
Post your insights and trading strategie
- 🎊 12th Anniversary Celebration Continues — Limited-Time Revelry Round 3 is On!
Play twice a week to find the hidden anniversary cake and win prizes like iPhone 16 Pro, MacBook Air, exclusive merch, and more
✅ Just Log In to Start Playing: https://www.gate.io/activities/12th-anniversary?pid=APP&ch=s9ZCIeg6
Event Details: https://www.gate.io/announcements/article/44624
On-chain Data School (5): How many people are actually making money? Let you understand the objective sentiment indicator PSI!
This article is the fifth article in the On-Chain Data Academy series, with a total of 10 articles. Take you step by step to understand on-chain data analysis, welcome interested readers to follow this series of articles. (Synopsis: On-Chain Data Academy (1): Do you know what the average cost of BTC in the whole market is? (Background supplement: On-chain data academy (2): Hodlers who always make money, how much does it cost them to buy BTC? TLDR This article will introduce the on-chain indicator PISP PSIP = the proportion of chips in the profitable state of BTC in circulation can be used as a guide for market sentiment, and each has its own application in the top and bottom PSIP introduces PSIP, the full name is Percent Supply In Profit, defined as "the proportion of chips in the profitable state of circulating BTC". The calculation is to distinguish between profitable and loss-making chips by "comparing the current price with the last transfer price of each BTC". When the current price is higher than the last transfer price of a particular BTC, the BTC is credited as a profit chip and vice versa. (PSIP chart) If most of the chips are losing money ...? One of the application scenarios of PSIP is "bottoming", when most of the chips are in a losing state, it means that the market sentiment has reached a freezing point, which greatly reduces the willingness of market participants to sell, which is usually a good time to bottom. As shown in the figure below: I mark the price level of BTC at 50% of the time point of the PSIP < in history, and I can see that the effect on measuring the timing of the bottom is quite good. (Price chart at PSIP < 50%) So what if most of the chips are floating? As the chart below shows, since the highest percentage of profitable chips is 100%, it is difficult to judge the top based on PSIP alone. Having said that, PSIP does have a methodology for judging the top, such as monitoring the "correlation of PSIP with price changes" in a specific period. However, the content of this part is relatively deep, and I will have the opportunity to share it with you in the future! (The highest PSIP is 100%, which cannot be used to judge the top alone) Conclusion The above is all the content of the on-chain data academy (5), readers who are interested in learning more in-depth on-chain data analysis, remember to follow this series of articles! If you want to see more on-chain data analysis and teaching content, please follow my Twitter (X) account! Hope this article helps you, thanks for reading. Related Stories On-Chain Data Academy (3): Have the makers at the bottom made profits? On-chain Data Academy (4): Visual BTC chip price distribution map On-chain analysis beginner course" fully grasps the basic key indicators of the crypto market, concepts and tools are all in this [On-chain Data Academy (5): How many people are earning? Take you through the objective sentiment indicator PSIP! This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Blockchain News Media".