Gate Research VIP Weekly Report: Rate Cut Expectations Rise; rsETH Incident Impact Fades (April 20–26, 2026)

Gate Research VIP Weekly Report: BTC repeatedly found support after pullbacks to key moving averages on the 4-hour chart, indicating continued inflows from bullish capital. ETH also remained highly active, though it exhibited greater volatility than BTC. Assets such as SPX6900 and MemeCore led market gains, with momentum primarily concentrated in Meme tokens, community-driven assets, and emerging narrative projects. As the impact of the rsETH and KelpDAO incidents subsided, as Ethereum recorded approximately $10.2 billion in one-sided net inflows. Aave DAO, together with Mantle, KelpDAO, and the broader community, launched the "DeFi United" joint rescue initiative, leveraging treasury ETH, ecosystem donations, and credit lines to restore the rsETH collateral backing.