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Bitcoin Struggles Below $100K: Market Faces Key Test Bitcoin ($BTC) is consolidating around $96,362, struggling to reclaim key resistance levels as miner-related concerns weigh on sentiment. The 50-day MA at $98,988 continues to act as a ceiling, while RSI remains below 50, signaling weak momentum. With miner capitulation looming and declining buy-side pressure (as seen in OBV trends), Bitcoin faces a crucial test. A failure to reclaim $100K could invite further sell-offs, affecting not just BTC but also altcoins that rely on its strength. Will BTC break through or enter a corrective phase? The next few days are critical. Stay tuned.

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🎖️ Insights is excited to launch a new creator benefits campaign! Creators who joined Insights in the past three months and meet the posting and activity requirements can participate in a prize pool of up to 5,000 USDT! 💎 Additionally, we encourage creators to invite others to join Insights. Referrers can earn up to 500 USDT based on the number of new creators they successfully recommend. ⏰ Event Duration: February 22, 2025, to March 22, 2025 (UTC) 1️⃣ Creator Benefits: Up to a 5,000 USDT Prize Pool Activity Introduction - The 5,000 USDT prize pool will be distributed based on creators' activity and contributions, ranked by their scores. The prize pool amount will gradually increase with the number of participants. - New Creators: Those who join Insights between December 22, 2024, and March 22, 2025. 2️⃣ Referrer Rewards: Earn Up to 500 USDT (Long Term Event) Participation Requirements: When you refer new creators and submit the referral form, once the referral is reviewed by the official team and the new creator successfully joins, the referrer will receive the following reward: Referral Requirements: - Complete the referral form: https://www.bitget.com/survey/mXfXPcMTEZjZTKSKsKJMjSxwRQEQqcfy_338 - Referred creators must have over 5,000 followers on a single platform and provide identity verification, such as a screenshot from Twitter Dashboard. - Referred creators must complete UID submission and personal verification. Only verified referrals will be considered successful. 💡 New Creator Benefits Event Description Participation Requirements: - During the event, you must post on more than 8 days and create over 20 posts. Reward Rules: - Score Calculation Formula: Score = (Number of posts × 3) + (Number of posting days × 20) + (Total likes × 1) + (Total comments × 2) - Bonus Calculation Formula: Bonus = (Individual total score / Total score of all participants) × Total Prize Pool 🪧 Rules and Terms - Content Review: Posts with inappropriate, false, discriminatory, violent, fraudulent, sexual, plagiarized, or duplicate content, or content deemed unsuitable by Bitget, will be removed and will not count toward the activity. - Reward Distribution: Rewards will be distributed within 10 business days after the event concludes. - Fair Competition: To ensure fairness, Bitget strictly prohibits any fraudulent behavior, such as botting or mass registration of fake accounts. Violations will result in disqualification and, in severe cases, account suspension. - Bitget reserves the right of final interpretation for the event. For any questions, please join the official Insights Telegram group: @BitgetInsightsOfficial.

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