#TariffTensionsHitCryptoMarket

Last week (January 14), Gate.io completed its Q4 2025 token burn, permanently removing 2.16 Million GT (valued at approximately $26.9M) from circulation.

The Alpha: To date, over 60% of the initial supply has been destroyed. We are seeing $GT transition from a simple "exchange token" into a high-utility "deflationary asset."

Utility News: $GT is now the primary gas token for Gate Layer (L2). As ecosystem activity on the L2 increases, transaction volume creates organic buy pressure.

2. Technical Levels to Watch (1D Chart)
$GT is currently in a "cooling off" phase after the recent burn-induced rally. It is currently testing a critical pivot zone.

Immediate Support: $9.95 – $10.00. This is a psychological level. If it holds, we form a higher low.

Secondary Support: $9.50. This is the "Strong Demand" zone. Whales have historically stepped in here.

Resistance 1: $10.40. $GT failed to sustain above this level yesterday. A 4-hour candle close above this is your "Bullish Confirmation."

Resistance 2: $10.75. Breaking this leads to an open sky toward the $12.00 psychological target.

3. Sentiment & On-Chain Data
RSI (14): Currently at 47 (Neutral). We are neither overbought nor oversold. This gives the price plenty of room to move in either direction once the trend is confirmed.

MACD: Showing a slight bearish crossover on the 1-hour chart, suggesting a potential short-term sideways movement or "flag formation" before the next leg up.

Reserves: Gate.io recently reported 144.82% reserve coverage for GT, which is extremely healthy for platform stability.

Trader’s Strategy (The "Free" Plan):
Conservative: Wait for a re-test of $10.40. If price breaks and flips it to support, it’s a high-probability entry for a swing to $11.00+.

Aggressive: Look for a "wick" down to $9.95 to scalp the bounce back to $10.20.

HODLers: The deflationary mechanics (burns) are your best friend. In a market where supply is shrinking while utility is growing, time is the biggest asset.