Square
Following
Hot
News
Notifications
Profile
Share your thoughts
placeholder
Article
The short-selling strategy on November 5 was very clear. Even during last night's livestream, the view remained bearish and focused on shorting, $BTC $ETH
post-image
BTC-0.67%
ETH-1.23%
What a bloodbath
Thursday’s close was brutal: S&P 7353.73 (-4.36%), its worst single day since April 2025; Nasdaq Composite 24315 (-5.52%), down about 11.9% from its 10/6 high and entering correction territory; Dow down about 1,833 points (-3.4%).
The Philadelphia Semiconductor Index was reported down around 9%–12%, with AMD and Micron leading losses.
The Magnificent Seven lost more than $1 trillion combined; Nvidia shed more than $440 billion in a single day, closing down around 9% and turning negative for the year.
The main reason was that after Democrats won Congress, markets priced
post-image
SPX+0.33%
NAS100-0.07%
AMD-17.64%
NVDA-9.33%
Trenches
ZIG
Z
bade
b
ZIG
0x8c...1145
Market Cap
$.
Change
.
24h Vol
$.
Holders
.
BTC
B
bade
b
BTC
C5xp...pump
Market Cap
$.
Change
.
24h Vol
$.
Holders
.
CORLA
C
bade
b
CORLA
0xba...7777
Market Cap
$.
Change
.
24h Vol
$.
Holders
.
STONK
S
bade
b
STONK
6GmA...UNgx
Market Cap
$.
Change
.
24h Vol
$.
Holders
.
DESSA
D
bade
b
DESSA
npz2...pump
Market Cap
$.
Change
.
24h Vol
$.
Holders
.
#晒出我的持仓收益 Oh my god, the whole market is green. I only slept 3 hours all night
post-image
$BTC Buy walls are starting to cluster below! The price in the chart has fallen to $75,896.9. There’s a $41.2 million buy order at $75,000! Near-price order book imbalance has turned positive, at 20%. Can buyers absorb this sharp drop? In our order book chart, BTC has fallen from a high of $81,188, hitting a low of $75,525, and is now fighting to hold around $75,900. There are about $22 million in futures buy orders at $75,500, about $20 million in spot buy orders and $21.2 million in futures buy orders at $75,000, and another buy wall of about $21 million at $74,843. The order book imbalance
post-image
BTC-0.67%
ETH-1.26%
SNDK-22.24%
80,000 lasted just one day, and BTC was back at $76,300 this morning. In last night’s recap, I said $80,000 was a battleground, not a level of confirmation. I didn’t expect that to be validated so quickly.#BTC重返8万 #民主党赢得美国两院 What happened overnight: BTC fell from above $80,800 to $75,642, a seven-week low, down 5.4% in 24 hours; ETH was weaker, at $2,244, down 7.6%. The trigger was still the midterm elections—after Democrats won both chambers, the market started worrying that AI regulations would tighten and data center construction would slow. The Nasdaq fell more than 5% in a day, retreating
post-image
BTC-0.67%
ETH-1.26%
ZEC+1.16%
NAS100+1.18%
QCOM-9.69%
🔥Title: Rate hike odds are down, but the market is still getting crushed!

Semiconductors plunged 12% overnight, and BTC fell back to 76k.
The interesting thing is that expectations for a rate hike in December fell from 80% to 70.9%.
One question: Can this sharp selloff force the Fed to back off?
Or will it merely delay rate hikes, with the inevitable still to come?

Share your thoughts in the comments
⚠️Information sharing, not investment advice
#美联储 #BTC #半导体 #宏观行情 $BTC ‌
post-image
BTC-0.67%
#交易机器人 I'm using the ETHUSDT futures grid bot on Gate—join me and copy trade
post-image
The sharp drop has only just begun; hold your positions for a few days and wait for the Democrats to put on a show! 11.6 BTC and ETH outlook

After the Democrats won the midterm elections, U.S. stocks surged on Wednesday, but the Nasdaq Composite plunged on Thursday as investors pulled out of tech stocks for a second consecutive trading day. The tech-heavy Nasdaq fell 3.3%, while the S&P 500 dropped 1.9%. The Dow Jones Industrial Average fell 0.9%. Investors worry that the Democrats’ control of both chambers of Congress, along with their wins in key gubernatorial races, could lead to more regu
ETH-1.26%
BTC-0.67%
  • 2
MORNING MARKET UPDATE
live-cover
LIVE1,507
$ZEC Bulls are back in control, and upside momentum is strengthening. ZEC has rebounded sharply from around $1,220 and is now approaching the psychological $1,300 level. The 1-hour chart shows bullish momentum building. A decisive break above $1,300 could open the way for a move toward $1,320–$1,335. Entry: $1,288–$1,295. Take profit: $1,325. Stop loss: $1,270. Buyers need to hold the recent rebound structure to maintain the bullish outlook. Buy and trade$TRUMP
$SNDK
post-image
TRUMP-0.95%
$LTC Let me remind you all: today's new users haven't experienced the black swan events we went through back then. We've been through major purges 4~5 times and are still here, but our assets have shrunk dramatically.
post-image
LTC-0.07%
$KORU Last year, 10.11 dealt a severe blow to crypto; yesterday, 11.5 dealt a severe blow to global stock markets. Korean stocks fell to the point of triggering a circuit breaker just 4 minutes after the market opened. Everyone, be sure to keep some reserves to prepare for the bear market ahead. When the next rebound comes, don’t take any chances—sell most of your positions and survive. This Koru is a major hit on the Square. A week ago, I told everyone not to touch it below 5, which should have protected some friends. Market crashes are painful for everyone, but things will gradually get bet
post-image
KORU-1.22%
Congratulations to the subscribers who scored 5x gains, perfectly shorting and capturing the full drop #Gate首创资金安全证明
post-image
Public trade: Shorted HYPE at the top. Those who followed this trade made a killing. It never even returned to the entry price or hit breakeven—smooth sailing all the way.
HYPE+0.33%
U.S. Midterm Elections: What Is the Market Expecting? One election upended the AI trade. Last night wasn’t an ordinary pullback—the valuation anchor for the AI trade took a hit. The Dow fell 3.44%, the Nasdaq fell 5.52%, and the Philadelphia Semiconductor Index plunged 12.2%, its biggest one-day drop since March 2020. The VIX surged to 28.18, up 69.66% on the day. The top names by trading volume were all casualties: Nvidia traded $55.7 billion, down 9.26%; Micron $52.4 billion, down 17.46%; AMD $29.4 billion, down 17.26%; and SanDisk $25.6 billion, down 22.26%. Money isn’t just fleeing—it’s st
post-image
SKHYNIX+1.41%
KORU-1.22%
SOXL-1.16%
The Nasdaq closed down 5.52% today, nearly 6%. Historically, it has fallen more than 6% in a single day about 14 times, mostly during 1987, the 2000 dot-com bubble, the 2008 financial crisis, and COVID-19 in 2020.
2026 AI bubble?
Subsequent performance has varied: during crises, it often continued to fall, while after panic-driven bottoms, it mostly rebounded strongly.
post-image
NAS100-0.07%
After ETH’s sharp drop, today’s first focus is the quality of the rebound.

Based on Gate ETHUSDT prices at 07:37 on November 6, the short-term bias remains bearish. Watch resistance at 2244–2255; a rejected rebound favors short positions. Watch support at 2205–2210; consider longs only after a confirmed bottom.

If price holds above 2258, watch 2267–2283 next; if 2205 breaks and the rebound fails to reclaim it, beware of a retest of 2190–2175.

The U.S. nonfarm payrolls report is also due at 21:30 tonight. Expect volatility; set your stop-loss before considering the upside.

Are you watching
post-image
ETH-1.23%
Yang Guang bit | November 6: ETH rebounds from lows after a sharp drop; short into the rebound
【Today's Trading Plan】
Entry: Price rebounds to the 2260–2280 range
Stop-loss: 2320,
Tiered take-profit targets:
First target: 2220–2205,
Second target: 2180–2170,
【Key Takeaway】
On 11/5, the three major US stock indexes plunged: the Nasdaq fell 5.52% into a correction, the Dow dropped 3.44%, and the S&P 500 fell 4.36%. The VIX surged more than 62%, breaking above 27, as markets worried that a Democratic landslide would lead to tighter AI regulation and slower data center growth. October nonfarm payr
post-image
ETH-1.23%
  • 1
This article’s analysis is quite on point. Sharing it for everyone’s reference:

November 6, “Ban Artificial Superintelligence Act (2026)”

🟢Core provisions of the bill

Permanently ban superintelligence. Definition of ASI: AI that comprehensively surpasses human cognitive abilities in the vast majority of fields, or has the ability to destroy or subjugate humanity (including [R]); all individuals and organizations are prohibited from developing or deploying such superintelligence.

Immediately pause the development of advanced frontier AI. Until a new cabinet-level AI regulatory department i
BTC-0.67%
ETH-1.26%
Load More

Join 40 M users in our growing community

⚡️ Join 40 M users in the crypto craze discussion

💬 Engage with your favorite top creators

👍 See what interests you

Trending Topics

USStocksFaceHistoricSelloff

60.36k Views3.39k Discussing

U.S. stocks suffered a sharp selloff on Thursday, with the Nasdaq closing down more than 5% and the Philadelphia Semiconductor Index falling over 12%. AI and chip stocks including $NVDA and $AMD were hit especially hard. Markets are reassessing AI valuations, data-center spending and future returns. Is this just short-term deleveraging, or the start of a deeper correction in the AI trade? Which sectors are you watching next?

GateLaunchesPoSECProofOfSecurity

10.49k Views554 Discussing

DemocratsWinBothChambers

32.96k Views557 Discussing

View More