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Forced closures of leveraged bets dropped to $244.2M on Oct 16, 61.9% below the $640.8M recorded the day before. That also left the day under the past week's average, with $ETH taking the most losses of any coin.
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BTC update
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🛢️ PDVSA targets 400,000 barrels per day in the Western Basin: a P2P perspective.
At the II Energy, Oil and Gas Conference (CEPEG 2026, Maracaibo), PDVSA President Héctor Obregón presented the projection: the country’s Western Basin could end 2026 producing around 400,000 barrels per day. That region would be one of the pillars supporting the state-owned company’s goal of reaching 1.3 million barrels per day nationwide by year-end. According to the event, that growth would be driven by coordination among oil and gas industry groups.
Why should this economic headline matter to anyone operating
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$AGT Oh my god, have you finally come down, bro? I've been waiting so long. Please don't pump it back up again, okay
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AGT+65.98%
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May the winds be fair, the waters calm, and the God of Wealth be with us! It’s the trend that’s in our favor! This week, I traded around “shorting”—shorting when prices rose and when they fell. When you get the direction right, everything falls into place. So Yingli also locked in gains smoothly this week, wrapping up on a solid note.
$BTC $ETH #Gate两大币种合约成交额跻全球前三 #特斯拉Roadster带火Meme币 #NEAR大涨近10%
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SKHYNIX & SAMSUNG Futures Trading Challenge: Register to Claim 5 USDT, Up to 240 USDT Per Person https://www.gate.com/campaigns/6589?ref=BVVEVQ9c&ref_type=132
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Money really does fall from the sky—there really are lucky finds like iPhones floating at sea! Recently, a cargo ship in the Strait of Hormuz strayed into a dangerous route, hit a mine, caught fire and sank. More than 2,500 containers spilled into the sea, and large quantities of brand-new iPhones floated out.
Local fishermen rushed over in small boats to salvage them. Even more amusingly, they started doing business right there, asking people passing by: “Want an iPhone? Want perfume? Whatever you want!”
Can these phones still work after being soaked in seawater? Will Apple step in? $AAPL ‌
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$BTC / USDT ( UPDATE )
In a crucial zone. Not touching perps this weekend. Extremely volatile. As I said before, we can enter the trade when BTC starts pulling 84000$ and this is the long zone signal.
🎯🎯🎯
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🤔📝Could the bottom form before the elections?
📝An interesting pattern across previous cycles:
• 2014: bottom 71 days after the midterm elections
• 2018: 39 days later
• 2022: 13 days later
The interval is shrinking with each cycle. If the trend continues, BTC could form a bottom in 2026 even before the US midterm elections
Instead of the usual post-election decline, the market could potentially continue moving upward
$BTC
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afternoon updates
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Hainanese chicken rice—which place makes it best?
Going by the literal meaning, do you think it’s Hainan? NO
People from Hainan have never even heard of this thing.
Later, you learn that Hainanese chicken rice is a masterpiece of the Singaporean people,
so you think Singapore makes it best? NO
The reality is that Hong Kong’s Hainanese chicken rice is the best in the world.
Don’t take things at face value, or even listen to the stories—just follow your heart.
Fuck, I miss Hong Kong so much...
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Bloodbath alert! A 25x whale has been brutally buried. Should retail traders run for their lives or take a gamble amid the fire? All retail traders, listen up! Put down your hands before you try to buy the dip! Think this is a “golden pit” full of bargains? Wrong! This is a carefully laid “mass grave” by the big players! Rush in blindly and you’ll be the next liquidation statistic! Here’s the market breakdown: on the hourly chart, ETH’s weak rebound to 2430 is running out of steam! 2450 above is like a steel wall. A MACD golden cross? Just a fakeout bull trap! Funds have hemorrhaged $44 millio
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#GateBTCAndETHFuturesVolumeRanksTop3 🚀📈 Gate.io Makes Its Mark in Crypto Futures Trading! 🏆
Gate BTC & ETH futures trading volume ranks in the Top 3! 🌍🔥
This milestone highlights Gate.io’s strong presence in the crypto trading market and the growing interest in Bitcoin and Ethereum futures. 💹
As the crypto market evolves, liquidity, strategy, and smart risk management remain key. The competition is heating up! ⚡
Are you trading BTC or ETH futures? 👀👇
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U-jie 10.17 ETH $ETH Long Strategy
Entry: Long at 2420-2430
Stop-loss: 2400; if support below is breached, exit the long
First take-profit: 2460
Second take-profit: 2490
Market outlook:
ETH previously surged to 2493.48, met resistance, and pulled back sharply, bottoming at 2392.14 before stabilizing. On the 1-hour timeframe, short-term moving averages are gradually flattening, and downward momentum is showing signs of exhaustion. The market is currently consolidating and recovering after the decline, presenting a short-term rebound opportunity rather than a trend reversal. 2493 remains strong
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#GateWCTCS9GlobalTradingCompetition 🏆 #| The Countdown to 6 Million USDT Starts Now! 🚀
🌍 One arena. Multiple markets. Thousands of traders competing for the top spot!
Gate’s World Crypto Trading Competition Season 9 (WCTC S9) is bringing together traders from around the world for a multi-asset showdown, with a maximum prize pool of 6,000,000 USDT.
Whether you prefer crypto spot trading, futures, ETFs, stocks, or TradFi products, this season offers multiple ways to compete.
🔥 WHAT'S UP FOR GRABS?
💰 Up to 6,000,000 USDT — Maximum overall prize pool
👥 Up to 3,200,000 USDT — Team competition
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SpaceX’s 175.35 prediction was very accurate. It reached that level, which also became the swing high. Figure 2 shares the wave pattern and lower overlapping range. $SPCX ‌
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$AGT This brutal 67-point spike has left the market covered in blood. I'll be blunt: that morning wick down to 0.0352 was the market maker sweeping stop-losses, wiping out all the leveraged traders who chased the highs, then reversing course and pumping it to 0.1048 before dumping it back down. 0.0634 is now a second distribution zone. Trading volume of 851.7M shows there has been enough turnover, but the 0.07–0.08 range above is packed with bagholders, and the market maker won't do you any favors by helping you break even. Half of the people in my group who got in around 0.04 this morning hav
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This morning I said $NEAR 's price action looked strange: down more than 5% in 24 hours, with volume at just 80% of normal. A sell-off over an incident involving more than $3 million should have generated more volume. Now it looks like the opposite: the money was later fully returned via the original route. The news went from a disaster to a false alarm, but the price didn't rebound at all. That's the truly abnormal part: the bad news was disproven, yet the market didn't react, suggesting sellers weren't spooked by the exploit but were using it as an opportunity to sell. It's now at $5.1, stil
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$ZEREBRO When I chased in at 0.052, I thought I was a genius. Now I see I was the ultimate bagholder. The 33.66% drop in 24h isn't what hurts most; what hurts is that I added at 0.048, bringing my average cost to 0.05. Now it's at 0.0313, and I'm down 37%. When it hit a low of 0.0296 yesterday, my hand shook and I wanted to cut my losses, but I didn't, because the trading volume of 146M shows liquidity is still there and the market maker hasn't fully exited. There's just one lesson: adding to your position during a crash is betting on a rebound, not buying the dip. You must split your position
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