💥 Gate Square Event: #PostToWinCGN 💥
Post original content on Gate Square related to CGN, Launchpool, or CandyDrop, and get a chance to share 1,333 CGN rewards!
📅 Event Period: Oct 24, 2025, 10:00 – Nov 4, 2025, 16:00 UTC
📌 Related Campaigns:
Launchpool 👉 https://www.gate.com/announcements/article/47771
CandyDrop 👉 https://www.gate.com/announcements/article/47763
📌 How to Participate:
1️⃣ Post original content related to CGN or one of the above campaigns (Launchpool / CandyDrop).
2️⃣ Content must be at least 80 words.
3️⃣ Add the hashtag #PostToWinCGN
4️⃣ Include a screenshot s
#数字货币市场回升 The current market situation has reached a critical point, with Bitcoin prices climbing to around 115,500. For investors who have not yet gotten on board, it is recommended to closely monitor the breakthrough of the 116,000 integer level. Once a valid breakthrough occurs, one may consider following with a Light Position. Regarding shorting strategies, although technically feasible, one must be cautious of the higher risks, which depend on individual risk tolerance.
It is worth noting that as the Federal Reserve's interest rate cut meeting approaches on Thursday, the market is generally expected to "sell the expectation," which is also why it was previously suggested to go long at lower levels. Reviewing the judgment when the previous CPI year-on-year rate was announced, the overall rebound strength indeed did not meet expectations. All indications have been given, and if this wave of market movement is missed, it may be necessary to accept a temporary wait-and-see strategy.
$BTC The short-term support level to follow is around 113000. In this area, you can attempt a second layout for long positions, but current upward momentum is limited, and it is expected that the day will maintain a volatile pattern. If considering shorting, be sure to set reasonable stop losses. Only a drop below the 113000-112500 area can confirm the start of an hourly adjustment, at which point you can focus on 111400 as a downward target. Market volatility may intensify at any time, so keeping funds safe is always the primary goal, while other considerations are secondary.
Regarding $ETH , the upper resistance level has shifted upward, and it is necessary to focus on the 4225 and 4285 areas, where short positions can be attempted at these two resistance levels. The intraday support level has moved up to around 4140, and it can continue to be held before breaking this level. Once it breaks, consider reversing the operation, with the lower support target temporarily looking at the 4080-4040 range.