bot

Bitget has launched TRADOORUSDT contract trading on April 17, 2026 (UTC+8), with a maximum leverage of 50 times. The contract trading BOT will also be opened simultaneously.

According to CoinDesk, Glassnode's Bitcoin on-chain metric RHODL ratio is currently at 4.5, which is the third highest level on record, and the signals it emits are more aligned with a market bottom rather than a cycle top.The RHODL ratio compares the value of Bitcoin held by long-term holders (holding for 6 months to 3 years) to that held by short-term holders (holding for 1 day to 3 months). An increase in the ratio typically reflects a longer holding period for chips and reduced speculative activity, rather than an influx of new buyers—this dynamic has occurred after significant corrections in 2015, 2019, and 2022. During the 50% drop in Bitcoin over the past six months, young speculative chips have been largely washed out, concentrating wealth among long-term holders.Historically, the RHODL ratio has only been higher than the current level twice: in 2015 (ratio of 5) and in 2022 (ratio of 7), both corresponding to cycle bottoms, which suggests that Bitcoin may still have further downside potential. However, to push the ratio to higher levels, it typically requires the activity of short-term holders to be nearly exhausted, and this condition is not yet evident under current circumstances—Bitcoin has rebounded about 25% from its February low, perpetual contract funding rates remain negative, and the S&P 500 has also reached an all-time high.Overall, this indicator suggests that the current market conditions are closer to an adjustment within the cycle rather than a cycle top formation, and the re-dominance of long-term holders in the market may indicate that a phase bottom is approaching.

According to CoinGlass data, WTI crude oil (XTI) is priced at $89.92, with a 24-hour increase of 2.02%; Brent crude oil (XBR) is currently priced at $92.66, with a 24-hour increase of 2.08%, and oil-related contract trading remains active. For XTI, the trading volume on the Gate platform is approximately $7 million, ranking first in the entire network; for XBR, Gate has a position of about $3.42 million and a trading volume of approximately $6.58 million, both occupying the top spot. Against the backdrop of fluctuating oil prices, Gate maintains a leading position in the related derivatives market.Gate contracts have taken the lead in oil, pioneering the commodity contract sector, covering XBRUSDT (Brent crude oil) and WTIUSDT (WTI crude oil) perpetual contract trading, providing 24/7 trading, USDT settlement, and up to 100 times leverage, assisting users in cross-market asset allocation and strategic layout amid volatile markets.

Coinbase CEO Brian Armstrong posted on the X platform: "The agent business has not yet been fully priced by the market. Machine-to-machine payments will drive demand for digital dollars beyond current expectations. The scale of the agent economy may surpass that of the human economy, and Coinbase is building infrastructure for both."

According to Gate market data, the Dow Jones Index closed up 115.13 points on April 16 (Thursday), an increase of 0.24%, at 48,578.85 points; the S&P 500 Index rose 18.32 points, an increase of 0.26%, at 7,041.27 points; the Nasdaq Composite Index increased by 86.69 points, an increase of 0.36%, at 24,102.7 points.

CoinDesk analyst James Van Straten stated that the Bitcoin funding rate has fallen to its lowest level since 2023, and historical patterns show that such signals often coincide with market bottoms. According to Glassnode data, the seven-day moving average of the funding rate has dropped to about -0.005%.The funding rate is the fee that long and short positions pay each other periodically in perpetual contracts to keep the contract price aligned with the spot market. When the rate is positive, longs pay shorts, reflecting bullish market sentiment; when the rate is negative, shorts pay longs, indicating a bearish market. Despite the funding rate being persistently negative from March to April this year, Bitcoin still oscillated upward from the $60,000 to $65,000 range to about $75,000. Historically, a deeply negative funding rate often coincides with Bitcoin's phase bottoms: during the market crash triggered by the COVID-19 pandemic in March 2020, Bitcoin fell to about $3,000; it dropped to $30,000 during China's mining ban announcement in 2021; it hit a low of about $15,000 during the FTX collapse in November 2022; and it briefly fell below $20,000 during the Silicon Valley Bank crisis in 2023. During the yen arbitrage trade closure in August 2024 and the "Liberation Day" sell-off in April 2025, negative funding rates also appeared alongside phase lows. The continued negative funding rate indicates that even if the price trend is positive, short positions remain at a high level. This divergence may suggest that the market is climbing within a "wall of worry," and a large number of short positions could become fuel for further price increases.

Gate released its latest transparency report, with a simultaneous strengthening of its financial management and security systems. Against the backdrop of market fluctuations, Yu Bi Bao and on-chain earnings have achieved dual growth in user and fund scale, with on-chain earnings holding 3,084 BTC and 175,700 ETH, both reaching historical highs; the ETF business's trading volume in March exceeded 18 billion USDT, with continuous improvement in ecological participation.In terms of security and transparency, the platform's latest overall reserve coverage rate reached 122%, with a BTC reserve rate as high as 147%, and various assets maintaining excess reserves, further enhancing risk resistance capabilities. Additionally, in the RootData exchange transparency ranking, Gate ranked second globally, with its comprehensive strength continuously validated by the market. Furthermore, Gate continues to expand its global influence, partnering with the F1 Red Bull Racing team to host an F1 Japan Grand Prix viewing event in March, deepening brand connections and user engagement through high-profile collaborations. Gate has formed a synergistic effect in the growth of financial management scale, continuous improvement in transparency, and global brand expansion, further consolidating its leading position in the industry.

According to Gate market data, the Dow Jones Index closed up 302.48 points on April 13 (Monday), an increase of 0.63%, at 48,219.05 points; the S&P 500 Index rose 69.35 points, an increase of 1.02%, at 6,886.24 points; the Nasdaq Composite Index increased by 280.84 points, an increase of 1.23%, at 23,183.74 points.

Bitmine Chairman Tom Lee stated on the X platform that despite the overall market still exhibiting strong skepticism, more and more signs indicate that the current market "has found its bottom." In a highly uncertain environment, investors can focus on assets that have performed well since the Iran conflict, with Ethereum-related assets leading the way, followed by Bitcoin-related assets.Specifically, Tom Lee lists Ethereum and related assets (such as ETHA, BMNR) as his top choices, while also being optimistic about Bitcoin and its ETFs (such as IBIT). He previously emphasized that Ethereum has shown relative strength during geopolitical conflicts, becoming a "barometer" of market resilience.Overall, Tom Lee believes that cryptocurrencies have proven to be a "store of value in wartime," and the market has gradually digested negative factors, providing a basis for further rebounds in risk assets, but this still depends on the continued stability of macro and geopolitical situations.

According to a statement from the Kremlin on the evening of April 9, Russian President Putin announced that Russia will implement an Orthodox Easter ceasefire from 16:00 Moscow time on April 11 to 24:00 on April 12 (from 21:00 Beijing time on April 11 to 5:00 on April 13), lasting 32 hours, and called on Ukraine to follow suit.Ukrainian President Zelensky immediately responded, "Ukraine has repeatedly stated that we are ready to take reciprocal measures. We have proposed a ceasefire during this year's Easter holiday and will act accordingly."This is a rare opportunity for both sides to publicly agree on a ceasefire amid recent conflicts, but whether it can be implemented and if there are any additional conditions remains to be seen.

According to Gate market data, the Dow Jones Index closed up 275.88 points on April 9 (Thursday), an increase of 0.58%, at 48,185.8 points; the S&P 500 Index rose 41.85 points, an increase of 0.62%, at 6,824.66 points; the Nasdaq Composite Index increased by 187.42 points, an increase of 0.83%, at 22,822.42 points.

Due to Trump's announcement of a two-week temporary ceasefire between the U.S. and Iran, market risk sentiment quickly rebounded, and the three major U.S. stock indices saw a significant rebound. The Dow Jones Industrial Average rose more than 1300 points in a single day, marking its best performance in nearly a year; WTI crude oil futures, on the other hand, plummeted over 16%.Tom Lee, head of research at Fundstrat, stated that the current market has confirmed a phase bottom and is moving back toward historical highs. He pointed out that despite the previous surge in oil prices and escalation of conflicts, the stock market did not show a significant decline, indicating strong market resilience, while the ceasefire has become a catalyst for sentiment reversal.He expects that the S&P 500 index may rise to 7300 points within the year, which still has about 7.6% upside potential from the current level, and is optimistic about the subsequent performance of technology stocks, software, energy, and financial sectors. Among them, the "seven tech giants" are seen as the core driving force behind this round of rebound.Several institutional investors also believe that as geopolitical risks ease and oil prices fall, the market has entered a "relief rebound" phase, combined with the approaching earnings season, making the current time a potential window for buying on dips.

According to market news, Strategy founder Michael Saylor stated that Bitcoin likely bottomed around $60,000 in early February, when forced sellers were cleared from the market. The bottom is more determined by seller exhaustion rather than valuation. He believes that current selling pressure is limited, ETF inflows are absorbing daily supply, and corporate allocation of financial assets to Bitcoin is also creating sustained demand.Michael Saylor predicts that the catalyst for the next bull market will be the establishment of a banking credit and digital credit system built on Bitcoin, which will transform Bitcoin from a non-yielding asset into a capital market engine. Regarding the recently discussed threat of quantum computing, he believes the risks are exaggerated, and quantum threats remain theoretical and are likely to emerge decades later. By then, there will also be solutions. Mizuho maintains an outperform rating on Strategy with a target price of $320, which offers about 150% upside from the current stock price of $127.

According to Jinshi reports, the Federal Reserve meeting minutes show that the vast majority of participants believe that both the upward risk of inflation and the downward risk of employment are at a high level.

According to Gate market data, the Dow Jones Index opened on April 8 (Wednesday) with an increase of 1,384.01 points, a rise of 2.97%, closing at 47,968.47 points; the S&P 500 Index rose by 169.88 points, an increase of 2.57%, closing at 6,786.73 points; the Nasdaq Composite Index increased by 751.46 points, a rise of 3.41%, closing at 22,769.31 points.