Yesterday's slight rebound was still under pressure at high levels and fell back again. In the short-term, the 3250 line has already formed effective resistance. If the rebound in the early session is still pressured at this position, then the rebound would indicate an extremely weak market. There may still be some adjustment space below, but even if the rebound is slightly strong, being pressured below 3250 still forms a 1-hour head and shoulders pattern. Therefore, today the focus remains on shorting during rebounds.

📢 Gate Square TAG Posting Challenge: #MySuggestionsforGateSquare
Post & WIN 100 USDT in rewards!
Gate Square is constantly improving!
Do you have feature suggestions, feedback, or ideas for new functionalities? Share your experiences and insights, and help more people discover the charm of Gate Square!
💡 How to Participate
1️⃣ Follow Gate_Square
2️⃣ Open the Gate APP and tap “Square” at the bottom
3️⃣ Tap the Post button and publish your post with the hashtag #MySuggestionsforGateSquare
✍️ Post Examples
1️⃣ Which features do you use the most? What is your experience?
2️⃣ Which features cou

🚀 #GateNewbieVillageEpisode6 ✖️ @discovery
💬 Your greatest enemy is your own emotions.
Share your trading journey | Discuss strategies | Grow with the Gate Family
⏰ Event Time: Nov 12 10:00 – Nov 19 16:00 UTC
How to Join:
1️⃣ Follow Gate_Square + @discovery
2️⃣ Post on Gate Square with the hashtag #GateNewbieVillageEpisode6
3️⃣ Share your trading experiences, insights, or growth stories
— The more genuine and insightful your post, the higher your chance to win!
🎁 Rewards
3 lucky participants → Gate X RedBull Cap + $20 Position Voucher
If delivery is unavailable, the prize will be replaced

🚀 #GateNewbieVillageEpisode6 ✖️ @discovery
💬 Your greatest enemy is your own emotions.
Share your trading journey | Discuss strategies | Grow with the Gate Family
⏰ Event Time: Nov 12 10:00 – Nov 19 16:00 UTC
How to Join:
1️⃣ Follow Gate_Square + @discovery
2️⃣ Post on Gate Square with the hashtag #GateNewbieVillageEpisode6
3️⃣ Share your trading experiences, insights, or growth stories
— The more genuine and insightful your post, the higher your chance to win!
🎁 Rewards
3 lucky participants → Gate X RedBull Cap + $20 Position Voucher
If delivery is unavailable, the prize will be replaced

🚀 Gate Square “Gate Fun Token Challenge” is Live!
Create tokens, engage, and earn — including trading fee rebates, graduation bonuses, and a $1,000 prize pool!
Join Now 👉 https://www.gate.com/campaigns/3145
💡 How to Participate:
1️⃣ Create Tokens: One-click token launch in [Square - Post]. Promote, grow your community, and earn rewards.
2️⃣ Engage: Post, like, comment, and share in token community to earn!
📦 Rewards Overview:
Creator Graduation Bonus: 50 GT
Trading Fee Rebate: The more trades, the more you earn
Token Creator Pool: Up to $50 USDT per user + $5 USDT for the first 50 launche