💥 HBAR price nears breakout as inverse head and shoulders pattern forms
HBAR price is consolidating below key resistance as an inverse head and shoulders pattern develops, signaling a potential bullish breakout if the neckline resistance is cleared with volume.
HBAR ($HBAR ) price action is showing increasingly constructive behavior as the market builds a classic bullish reversal structure on the higher timeframes. After an extended corrective phase, price has stabilized and begun forming an inverse head and shoulders pattern, a formation often associated with trend reversals when confirmed
#GateSpringFestivalHorseRacingEvent
Gate Spring Festival Horse Racing Event HAS BEGUN! 🧧
Gate.io, making winning and giving fun, has launched its Spring Festival with great enthusiasm, running from February 9th to March 1st (UTC+8).
Users from around the world are participating in this interactive celebration, combining market intelligence, prediction skills, and festive rewards. With a massive prize pool of 100,000 USDT, this event transforms Lunar New Year traditions into a modern Web3 experience.
Gate io cryptocurrency exchange is hosting a major event to celebrate the Lunar New Year (Year of the Horse in 2026).
The Horse Racing Event is at the heart of the festivities, combining market performance with a bit of "racing" luck.
🐎 Event Highlights
Prize Pool: A massive prize pool of 100,000 USDT in total.
Timeline: The event will take place between February 9th and March 1st, 2026.
"Horses": There are six "horse" options available, each representing a significant asset: BTC, ETH, GT, XAU (Gold), SOL, and DOGE.
How the Racing Works
Get Tickets: You earn racing tickets by completing daily tasks (like trading, depositing, or simply logging in).
Predict & Invest: Use your tickets to "bet" on which horse will win the next race. A new race starts every 2 days.
The Mechanics: While the results have a random element, the "speed" of the horses is influenced by the real-time spot price movements of their respective trading pairs during the race.
Win Rewards: If your chosen horse wins, you share in that round’s prize pool (up to 10,000 USDT per round) based on how many tickets you contributed.
🧧 Extra Perks
Beyond the track, keep an eye out for the "Million Gift Coin Rain." This happens twice daily at designated times (typically 12:00–15:00 and 16:00–19:00 UTC+8), where you can enter a password to grab GT (GateToken) red envelopes.
There is also an "Immediate Success Leaderboard" where the top 50 participants can win extra USDT and even physical 100g gold rewards.
$GT $XAUT $BTC