📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
Bitcoin Heat Macro Phase provides a single scalar value that reflects the current temperature of the Bitcoin market:
High values (closer to 50%) mean that most components (overvaluation assessment, profit-taking activity, LTH selling pressure, and ETF inflows) are at upper historical levels - the market may be overheated, close to a distribution phase or correction.
Low values (closer to 30%) indicate coolness: low profit-taking, modest ETF inflows, and minimal selling wave from LTH - a favorable phase for accumulation.
Essentially, the metric serves as a generalized beacon, showing how close the current stage of Bitcoin's macro cycle is to either the distribution or accumulation phase.
The current value = 44% is the middle ground. There is currently no pronounced dominance of either bulls or bears. The market is not overbought, but it's also not in the cheap zone. Profit-taking is gradually gaining momentum, but a "mass exit" has not yet begun.