Shorts are crushing it across the board, firmly in control of this downtrend!
Went short on BTC near the 74,800 high ahead of time, anticipating a break below the 70,000 mark. The market plunged all the way to a low of 67,500, capturing the full 7,000-point move;
Opened short positions on ETH around 2,100, targeting 1,900. Price hit 1,893 with precision, locking in a solid 200-point swing;
Opened a short position on ZEC near the 1,030 resistance level, targeting a break below 900 support. It dipped to a low of 880, securing 144 points in profit;
Called a short on SOL near the 86 resistance lev

BTC plunged straight below 70,000 today, trading at 69,326 as of 18:54 after touching a daily low of 67,568. The entire market saw $1.64 billion in liquidations over 24 hours—this weekend is shaping up to be anything but restful. #周末话题

Tonight at 21:30, the U.S. October PPI will be released. The market expects a month-over-month increase of +0.4%, a year-over-year increase of +6.6%, and a core month-over-month increase of +0.3%. September’s month-over-month increase of +1.3% sent inflation expectations soaring, and a December rate hike is now priced in at nearly 90%—tonight’s figure will be

The message was sent at 10:10, and about two or three minutes later, funds started flowing out in large amounts.

In the cryptocurrency market, many people look for trading opportunities every day, but few take the time to make a trading plan. They go long when they see BTC rising and short when they see the price falling. When the market moves slightly against them, they start doubting their judgment. This kind of planless trading can easily lead to repeated losses.

So, what should an effective trading plan include?

First, define your trading direction. Before entering a trade, analyze whether the market is rising, falling, or ranging. Don’t decide based on a single candlestick.

Second, identify your

Bitcoin on the evening of 11/13:

On the 1-hour chart, the current price is between the Bollinger middle and lower bands, with the previous low around 67490 serving as short-term support. Price has fallen steadily from a high around 73850, and the Bollinger Bands are sloping downward, so the broader trend remains bearish.

The 6-period RSI is 45.9, the 12-period is 35.5, and the 24-period is 32.8. They have rebounded from low levels, indicating potential for a short-term recovery, but have not entered a strong range and have not reversed the downtrend. Watch for resistance at the Bollinger mid

🚀 Anthropic (ANT) launches with a bang, Gate Direct IPO Phase 3 officially opens

AI giant Anthropic (ANT) has opened USDT subscription registration, with a minimum participation amount of 100 USDT.

🔥 Highlights of this subscription
▪️ Reference price: $70–78/share
▪️ Subscription amount: 100–3,000,000 USDT
▪️ Upon successful allocation, shares will be delivered directly to your Gate stock account, with no lock-up period

📅 Subscription period: November 12, 11:00 – November 17, 17:00 (UTC+8)

🤖 From Claude to enterprise-grade AI applications, which aspect of Anthropic's growth potential a

🔗 $LINK moved $292M in the last 24 hours

Price dipped to the $9.85 area before bouncing back above $10.

That's close to 4% of its market cap traded in one day.

The dip got bought with conviction.

This is the same week Moody's and Schwab plugged into Chainlink.

Is $10 the floor for $LINK? 👇

What Is the Funding Rate? Why Can Holding Perpetual Contracts Also Incur Ongoing Additional Costs?

In the cryptocurrency market, some traders get the direction right but find that their final returns are lower than expected. Besides fees and slippage, there is another easily overlooked factor: the funding rate.

The funding rate is a mechanism in perpetual contract markets that helps keep contract prices linked to spot market prices. It can affect holding costs and whether traders are willing to hold a position in a particular direction over the long term.

First, what exactly is the funding

In BTC trading, there is a market phenomenon worth paying close attention to: after the price falls below an important support level, an area that previously supported price increases may instead become resistance during the next rebound.

Why does this change happen?

First, the confidence of existing buyers changes. When BTC finds support in a certain price range multiple times, many traders choose to buy there. But once the price decisively falls below that range, those who had been waiting to buy may start holding back, weakening buying pressure in the market.

Second, trapped traders star

This PC cost 37,000. What do you guys think of the specs—are they beastly?

$USDCAD ‌
Looking at the 1-hour chart, the market structure recently shifted from a bearish impulse down to 1.42240 into a consolidation phase, forming a potential short-term bottom. The K-lines are currently compressing tightly between the upper Bollinger Band (1.42639) and the middle band (1.42574), indicating a period of low volatility and indecision. Price is hugging the middle band, acting as dynamic support, while the WMA lines (5, 10, 20) are converging flat, confirming a ranging market rather than a trending one.

The recent candles are showing small bodies with wicks on both sides (D

Why Do Larger Losses Make It Harder to Break Even? Understanding the True Cost of Account Drawdowns

In cryptocurrency trading, many people focus especially on how much a trade can earn, but rarely take the time to calculate how much their account needs to rise to return to its original level after a loss.

This is one of the risks most easily overlooked in trading.

Suppose your account originally has 1000 USDT. After a 10% loss, you have 900 USDT left. To get back to 1000 USDT, you need a gain of 11.1%, not 10%.

If the loss reaches 20%, your account is left with 800 USDT, and you need a 25%

Why might holding multiple correlated cryptocurrencies still fail to truly diversify risk?

In cryptocurrency trading, some people hold BTC, ETH, and other altcoins at the same time to reduce risk. They believe that as long as they hold enough different coins, other assets may offset losses if one of them falls.

But there is an easily overlooked problem: holding multiple different coins does not mean you have truly diversified your risk. If these assets are highly correlated under market stress, they may all fall at the same time.

First, why might different coins fall together?

Many assets

Illinois Crypto Tax Draws Unlikely Alliance of DOJ, Banks and DeFi
A broad coalition has filed briefs supporting a legal challenge to Illinois’ Digital Asset Tax Act, the first tax of its kind in the U.S. The coalition includes the U.S. Justice Department, the U.S. Chamber of Commerce, Wall Street’s SIFMA, and a lineup of crypto firms led by the DeFi Education Fund, Andreessen Horowitz, Paradigm, and Uniswap.
The groups filed the briefs in Illinois state court in support of a lawsuit brought by the Crypto Council for Innovation and the Blockchain Association. They are asking a judge to strike

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-

#JensenHuangResigns — End of an Era at Nvidia*

*BREAKING:* Jensen Huang has resigned as President, CEO, and Board Member of Nvidia, effective immediately on *Nov 12, 2026*, after 33 years leading the company he co-founded in 1993. a379

*What Happened:*
Nvidia confirmed CFO *Colette Kress* will serve as interim CEO while retaining her CFO role, and *Harvey C. Jones* has been appointed as the company's first-ever Chairman. The board will consider internal and external candidates for a permanent successor. a379

The resignation follows mounting scrutiny over reported extramarital relationships,

Tonight, first watch how far ETH can rebound.

Based on Gate futures market data at 18:40 on November 13, ETH rebounded from around 1895 to around 1950, showing some short-term recovery, while major resistance remains overhead.

Focus on 1963–1966 above. If the rebound struggles to hold above this range, watch for a potential pullback, with 1940 and around 1930 as the first downside levels. If ETH stabilizes on a retest of 1939–1941, it may continue its short-term rebound; if 1927 breaks, be prepared for another test of 1916–1895.

First watch how price reacts at key levels, and consider enter

The Fear & Greed Index has fallen to 20. Can ETH still be bought? Yes, but use a stop-loss.
$ETH The current price is 1952.76, down 4.84% over 24h. MA5=1940.32 remains below MA20=1981.15, and the MACD histogram at -2.321 continues to signal bearish momentum; the trend has not yet reversed. However, sentiment has entered the extreme fear zone (20), while the funding rate of -0.0003% indicates rising short-side crowding. This combination often corresponds to a local bottom rather than an accelerating decline. BTC weakness is the main drag. ETH has followed the broader market lower, finding suppo