💥 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
#内容挖矿升级 Good evening, traders. Tonight, I stayed up a bit late as an exception. Currently, Bitcoin has successfully reached the high point resistance area we anticipated, which is exactly the layout opportunity we have been patiently waiting for. The short order attempted at noon had limited profits, barely covering the transaction fees. However, in the current market situation, I am more inclined to look for shorting opportunities.
The market is currently facing strong pressure, beginning to consolidate and fluctuate at high levels. For the resistance above, we need to pay special attention to the two key levels around 116000 and 117000, as these positions are suitable for attempting to set short orders. Remember to manage risk well, as there are still interest rate cut factors that may affect the market, and we will analyze in detail when the time comes.
For the possible retracement targets, first focus on 113900, followed by the integer level 113000, and then 112000. If the price reaches the latter two areas and does not drop below 112000, one might consider trying to set up a long order. Therefore, the recent focus is on observing the performance of the range between 113000 and 112000.
$BTC In terms of Ethereum, the price has already reached the resistance level near 4250, and its resistance points are relatively clear, mainly in the range of the previous top of 4250-4280.
If a rebound occurs within this range, you can continue to look for shorting opportunities. The support below is initially at the two levels of 4140 and 4050. If it breaks below 4050, then you need to pay attention to the support performance near 3960.