BTC is now around 69,300; go long, target around 72,000, with a stop-loss at the new low.
BTC fell nearly 7,000 points today, and the bears have nearly exhausted their strength. The bearish news has also been fully priced in.
There are also signs that the decline is stopping.
I said this morning that after such a big drop, a rebound could come at any time. Now the rebound is here, so let's just take this leg.
‍#黄仁勋因婚外情致歉，英伟达启动独立调查

$BTC

“Funding Is Tight, and Crypto Assets Face a Liquidity Stress Test”
Market sentiment has clearly cooled, and capital is voting with its feet. U.S. spot BTC ETFs saw cumulative net outflows of $1.88 billion from November 2 to 11, with $1.5 billion withdrawn from IBIT alone; the total stablecoin market cap contracted by $14.2 billion in 30 days, meaning there is less “ammunition” in the market. After BTC fell below the $72k level, liquidations of long positions exceeded $210 million. Miners are also struggling, with mining difficulty expected to drop by 7%–7.8%.
ETH is in an even more awkward pos

Six Times Oversubscribed Still Not Enough? Anthropic’s IPO Is Booming—AI Is Already This Cutthroat!

People used to scramble for homes, cars, and concert tickets. Now, they’re scrambling for a ticket into the AI market!
News that Anthropic’s IPO was six times oversubscribed has many investors asking: Is this an AI ride you really can’t afford to miss?
Why is Anthropic so popular? Its Claude models are making waves in coding, content creation, and office work, as AI evolves from a chatbot into a tool that helps businesses boost efficiency.
This means the capital markets are betting not just on

🌐 MICROSOFT FACES MASSIVE GLOBAL OUTAGE! 💻⚠️
📡 Outlook, Teams and Copilot have been disrupted for over 15 hours, affecting businesses and users worldwide.
↳ 🖥️ Microsoft says the issue is caused by server failures, not a cyberattack.
↳ 🛠️ Engineers are working to restore services.
📉 $MSFT is reportedly down 3% in premarket trading. 📊🔻

Is $AKE preparing to dump, or is this another round of bear trapping?
#BTC跌4%

For the subscription process, Apple users can click the link below https://www.gate.com/zh/profile/Nice隔壁王叔 or copy it into their browser. Android users can directly tap “Pay GT” in the upper-right corner of Uncle Wang’s profile. After subscribing, click the related post below and apply to join the subscriber-exclusive 👗. Key information is mainly announced or answered in 👗, aside from subscription posts. $ETH

$XAUT It's time to cross 4000 again

🏦 $QNT wants banks to sell payments as their own product

Quant is making a major push to get banks offering payments under their own brand.

As proof, it points to its selection for The Clearing House tokenized deposit network.

Banks running their own payment products on Quant tech could be a huge shift.

Is $QNT the quiet giant of bank tokenization? 👇

AMD is smiling, and NVIDIA is panicking? Jensen Huang is leaving, and the AI chip arena may be in for a major shake-up!

NVIDIA's CEO is gone. Has AMD finally got its chance to turn things around?
The market's reaction this time is quite interesting: NVIDIA faced a sell-off, while AMD and Broadcom rose against the trend. Capital markets seem to have already started looking for the next winner in the AI chip sector.
But don't rush to declare AMD the winner.
NVIDIA's biggest advantage isn't just GPU performance, but its CUDA ecosystem. A large number of developers, software companies, and AI fir

Even with a heavy position in AMD, it's still uncertain🙃

$ETH

U.S. banks are starting to muscle in

Even the dollar is moving on-chain

USDT has a new competitor this time

Damn

Guys

Back when we used stablecoins

we basically just alternated between USDT and USDC

But now

even traditional banks can't sit still

SoFiUSD, the U.S. dollar stablecoin from U.S.-licensed bank SoFi,

has officially expanded to the Polygon network

It previously supported Ethereum and Solana

Now there's another chain it can run on

What the hell does this mean

SoFiUSD is issued by SoFi Bank

and redeemable for U.S. dollars at a 1:1 ratio

What's more interesting is

Many derivatives traders have had this experience: they correctly predicted the market’s overall direction, yet a brief bout of sharp volatility suddenly forced their positions to be liquidated.

Why does this happen?

First, excessive leverage is the most common cause. The higher the leverage, the greater the impact of price fluctuations on margin. Even a brief move in the opposite direction can quickly hit the liquidation price.

Second, market liquidity affects actual execution results. When a large number of sell or buy orders suddenly hit the market, the order book can quickly thin out, m

#eth If ETH’s daily candle gets back to 2000 today and holds, the downtrend is over and a choppy shakeout begins. If it stays below 1980, there’s still another leg down.😭😭😭

In cryptocurrency futures trading, many people spend every day analyzing whether BTC will rise or fall, yet overlook a very important question: Do you really understand the different order types on trading platforms?

Sometimes, even if you correctly predict the market, an unreasonable order placement method can result in a poor entry price or even unnecessary losses.

First, Limit Order. You can set a buy or sell price in advance and wait for the market to reach that price before the order is filled. It is suitable for looking for buying opportunities near support or planning to sell near res

In crypto contract trading, there is a very harsh fact: many accounts are not wiped out by a single bad judgment, but because traders refuse to cut their losses even when they are already in the red.

Why is using a stop-loss so important?

First, it limits the risk of each trade. The market is always uncertain, and no matter how thorough your analysis is, you can never guarantee that every trade will be correct. Setting a stop-loss in advance can limit the damage a mistake does to your account.

Second, it prevents small losses from turning into big ones. When traders see the price moving aga

#BTC #Bitcoin #XRP #LUNC
If you ask me, I’d say close your screens until Monday and focus on work, take care of business, and enjoy yourselves.
Recovery next week. 74-75K by the November 27 options expiry. We’ll see about what comes after that.

Weekend loading, but internet gossip shows no sign of taking a break 🍿

My biggest takeaway these past few days: no matter how capable you are, never take someone else's trust for granted. Your career deserves your attention, and so do the people around you.

Wishing all the VIPs a weekend with lovely weather, great meals, and someone willing to waste time with you 🥂

Life can switch channels. If you need anything, reach out—I'm always here to help~

‍#GateVIP

In cryptocurrency trading, many people spend a great deal of time studying candlestick charts, indicators, and trading strategies, yet overlook a harder problem: their own emotions.

Why do some traders have a decent trading system but still end up losing money over and over? Often, the problem is not the market, but emotions interfering with execution.

First, FOMO (fear of missing out). Seeing BTC suddenly rise, they fear missing an opportunity, so they chase the price regardless of its level, only to face a pullback right after entering.

Second, greed. They have already reached their take-