$BTC
2 daily closed below Oct low
2 daily closed below daily 200EMA
Daily below rvwap
Weekly below rvwap

Here's a hot take:
1⃣️ Most of the companies entering the AI computing industry at scale have never mined Bitcoin;
2⃣️ They don't know that a GPU can rise tenfold or a hundredfold, and when demand softens even slightly, older cards' performance per watt can take a hit, and their prices can also fall tenfold;
3⃣️ AI hardware has peaked, and AI demand without real performance and profits will gradually be cleared out;
4⃣️ The bubble-bursting cycle will be extremely painful, and competition will be utterly cutthroat;
#ai #AI #ai硬件 #btc #比特币 # mining

⚡ Private electricity: Is Bitcoin mining making a comeback in Venezuela?
The National Assembly plans to pass the reform on November 10, opening the door to private electricity production and sales. Jorge Rodríguez, president of the National Assembly, confirmed that the second reading of the Partial Reform of the Organic Law of the Electric System and Service will be held at the Tuesday, November 10 session, with the aim of passing it that same day and sending it for promulgation.
For Venezuela’s crypto ecosystem, the fundamental question is whether this will pave the way for mining and lower o

When Global Stock Markets Sneeze, Does Crypto Go Straight to the ICU? Bitcoin Is Feeling It This Time!

People used to say that Bitcoin was an alternative asset independent of traditional financial markets. But recent market moves seem to be reminding everyone: when global risk assets cool off together, Crypto can hardly escape the fallout.
BTC is down about 4% in the past 24 hours, ETH is down about 5.5%, and major coins like SOL and XRP are also weakening. This shows that risk appetite is declining, and when faced with uncertainty, investors would rather reduce their exposure to highly volat

The gold standard for security in crypto? Gate puts its proof of funds front and center!

What does real peace of mind look like?
It’s not a smiling face when the market is up, nor a platform customer service rep saying, “Dear user, rest assured.”
It’s being able to find public information and verification evidence when users want to understand the status of funds! 😂
Gate pioneered proof of funds security, and this move has once again put fund transparency at the center of industry discussion.
Think about it: in the past, when people talked about crypto, they mostly discussed which coin would

After the U.S. stock market’s sharp drop, is this a golden opportunity or a trap? Smart money is waiting for the answer!

Whenever the U.S. stock market sees a significant correction, two voices emerge.
One says the opportunity has arrived and quality tech stocks can finally be bought at a discount; the other says the risks have not fully played out, and buying the dip now may just mean trying to catch a falling knife too soon.
Who’s right?
The key, in fact, isn’t how much stock prices have fallen, but whether the value of the businesses has changed.
If tech companies’ earnings power, cash flo

To the untrained eye this looks like a 'Break and Retest' strategy and it's justifiable but there's more to it that the eye can't see on this chart.
However, when the market is imitating this textbook pattern the trades are sweet but often short lived.

$SOL Currently trading at 90.18, up 0.49% over 24H, with a range of 88.96–91.60 and trading volume of 67.6798 million. The 1H outlook is weak (RSI 51.89, price below EMA20 at 90.35); the 4H outlook is weak (RSI 32.30, price below EMA20 at 91.80). The volume ratio is 0.02. Holding above the 91.60 resistance could signal continuation, while a break below the 88.96 support would weaken the short-term outlook. In the post-trade review, check whether 91.60 holds and whether price can recover after losing 88.96; volume is only 0.02x, so a single break needs confirmation from participation. Failure t

On November 6, a relevant official at the People’s Bank of China responded: The public blockchain @solana recently placed high-profile advertisements through relevant domestic entities, including on the exterior wall of the Citigroup building in Lujiazui, Shanghai, marketing cryptocurrency under the guise of promoting its brand.
The PBOC has joined local financial regulators, public security and market supervision departments to call off, before they began, the offline events for “Solana Accelerate China 2026” that it planned to hold in Shanghai and elsewhere, and will investigate the entities

Every day, someone tells me I’ve won. If only I were that lucky

BNB is trading around $694, up about 0.5% over the last 24 hours, after moving between roughly $684 and $700.

It steadied after slipping about 2% on Friday as US chip stocks dragged crypto lower, holding near the $690 support level.

The recovery story continues, with withdrawals for more than 60 further tokens reopened on Thursday and Friday, around 95% of the assets affected by the 29 October security incident now replenished, and full restoration targeted by the end of next week.

To watch: whether $690 holds as support and $700 caps the upside, with the Jenner hard fork scheduled for 8 De

When it comes to engine oil, changing it more often is more practical than buying more expensive oil. For an older car, using the right viscosity and shortening the interval is more reliable than insisting on full synthetic and stretching it to 10,000 km. You can’t control oil prices, but you can set your own maintenance schedule. How often do you change it? Drop a number in the comments.
oil

BTC fell 4% overnight, and ETH fell 5.5%! The bull market isn’t over yet, so why have retail investors already been spooked awake?

Crypto taught investors another lesson today: yesterday they were still dreaming of financial freedom; today they opened their accounts and got a taste of freefall! BTC is down about 4% over the past 24 hours, ETH has fallen 5.5%, and major coins like SOL and XRP have also followed suit, as if the entire market had agreed to dive together.
Was this drop a chain reaction triggered by weakness in global risk assets, or a self-inflicted pileup caused by tight liquidi

The market is eerily quiet, and volatility is unlikely to be significant over the weekend. In other words, we may see three days of narrow-range trading. The longer it moves sideways, the bigger the eventual move; next week may see the market start choosing a direction.#美股史诗级抛售

What Wall Street fears most isn’t a weak payrolls report, but a U.S. economy that’s too resilient! Is the rate-cut dream in jeopardy again?

What are investors most focused on lately? The answer may not be which company beats earnings expectations, but when the Fed will cut rates.
But the U.S. October nonfarm payrolls data seems to have poured cold water on the market.
The economy added 165,000 jobs, far more than expected; the unemployment rate fell to 4.1%; and employment figures for the previous two months were revised up by 84,000.
This shows that the U.S. labor market isn’t as weak as the

U.S. stocks suddenly take a turn! Tech stocks are getting hit across the board—is Wall Street really panicking this time?

Tensions in the U.S. stock market have been mounting lately. Tech stocks are under pressure, and investors are starting to reassess the stocks they hold. Tech giants once seen as the market’s engine are now also struggling to escape selling pressure.
Here’s the question: Is this just a normal pullback, or the start of a much larger correction?
Over the past few years, tech stocks—especially AI-related stocks—have attracted a rush of investment, driving valuations ever high

What is the crypto world most afraid of? Not a market crash, but a platform that only knows how to say “Don’t worry”!

#Gate Pioneers Proof of Fund Security
There’s a saying in crypto: When prices rise, you think you’re an investing genius; when they fall, you question your life choices. 🤣
But what concerns people more than market volatility is the security of funds on the platform.
If a platform says “Don’t worry, we’re completely safe” every day, users can only reply: Where’s the proof? You can’t expect me to deposit based on faith!
That’s why Gate’s pioneering proof of fund security is def

What’s the easiest thing to misread when the two timeframes for $HYPE haven’t aligned yet?

$HYPE is currently priced at 78.689, up 2.002748107435437% over 24 hours, with an intraday high of 79.434 and a low of 76.848. The 1-hour trend is relatively strong, while the 4-hour trend is relatively weak. The two timeframes have not aligned, and the direction is not yet confirmed. Reading a shift on the 1-hour chart as a rebound or pullback could turn a short-term move into a misreported trend reversal.

The easiest thing to misread in this divergence is not the price itself, but looking only at the