Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
Market Watch: 4-Hour Downturn Hits Key Altcoins
Recent trading activity shows notable price pressure across several major altcoins in just a 4-hour window. Berachain's $BERA leads the decline, dropping 6.95% to $0.7033, signaling weakness in the ecosystem token. Safe $SAFE isn't faring much better, down 4.51% at $0.1694, reflecting broader sentiment shifts in the governance token space.
KAITO follows suit with a 4.24% pullback to $0.6932, while Ordinals $ORDI shows more moderate weakness at -2.16%, holding around $5.337. Even Axie Infinity Shards $AXS, the gaming and metaverse play, dropped 1.93% to trade near $1.166.
What's driving this short-term weakness? A combination of profit-taking after recent rallies and macro headwinds seems to be the culprit. Traders watching these altcoins should note that 4-hour volatility often presents opportunities for tactical entries, though the broader trend direction remains key to monitor. Market sentiment appears cautious but not panicked—typical behavior during minor pullbacks before potential recovery attempts.