New Version, Worth Being Seen! #GateAPPRefreshExperience
🎁 Gate APP has been updated to the latest version v8.0.5. Share your authentic experience on Gate Square for a chance to win Gate-exclusive Christmas gift boxes and position experience vouchers.
How to Participate:
1. Download and update the Gate APP to version v8.0.5
2. Publish a post on Gate Square and include the hashtag: #GateAPPRefreshExperience
3. Share your real experience with the new version, such as:
Key new features and optimizations
App smoothness and UI/UX changes
Improvements in trading or market data experience
Your fa
Recently, in the past week (December 24-31), Bitcoin's performance has been quite calm, fluctuating repeatedly between $86,800 and $89,100, finally closing around $88,000-$88,900. It seems that after the decline in Q4 (approximately -22%), the market has entered a low-volatility state. The anticipated year-end rebound did not materialize, as holiday liquidity shrank, macroeconomic pressures, and the linkage with risk assets all held back the rally. The weekly trading volume has been around $24.2 billion, with a slight increase of about 2% in recent days. Despite continuous ETF inflows, institutional investors still appear somewhat cautious.
Looking ahead, from early January, based on moving averages and current market sentiment (the Fear and Greed Index is only 23, which is quite low), analysts generally expect Bitcoin to trade sideways between $87,000 and $95,000. The medium-term target is likely around $92,000, representing a potential 3-6% upside. Continued net inflows into ETFs and optimistic signals regarding the regulatory environment may provide some support for the price, but macroeconomic uncertainties remain, and sudden risks should still be watched out for.