💥 Gate Square Event: #PostToWinCGN 💥
Post original content on Gate Square related to CGN, Launchpool, or CandyDrop, and get a chance to share 1,333 CGN rewards!
📅 Event Period: Oct 24, 2025, 10:00 – Nov 4, 2025, 16:00 UTC
📌 Related Campaigns:
Launchpool 👉 https://www.gate.com/announcements/article/47771
CandyDrop 👉 https://www.gate.com/announcements/article/47763
📌 How to Participate:
1️⃣ Post original content related to CGN or one of the above campaigns (Launchpool / CandyDrop).
2️⃣ Content must be at least 80 words.
3️⃣ Add the hashtag #PostToWinCGN
4️⃣ Include a screenshot s
#美联储官员集体表态 On the morning of September 28, the digital money market continued to show a fluctuating trend. Bitcoin fluctuated narrowly around 109380 during the early hours, and then the longer forces attempted to break upwards. After briefly reaching a high of 109780, the price began to face pressure and retreated, currently operating in the 109350 area. Ethereum's performance was highly consistent with Bitcoin, showing insufficient momentum after peaking at 4033, and retreated to 3994 for a brief support, with the current trading price around 3998. The two major mainstream tokens overall display a pattern of rising and falling, with the short-term market structure still dominated by consolidation.
After days of panic selling, investors who failed to reduce their positions in time should now maintain a cautious attitude and patiently wait for a technical rebound opportunity to arise. It is worth noting that the important support level of 112,000 has been forcefully broken by a large bearish candlestick, and during this period, the strength of the longers' counterattack has been very weak, failing to organize effective resistance, which further reinforces the market pattern dominated by the bears. From the daily chart perspective, the market has clearly turned into a bearish trend, and it is expected to maintain a fluctuating downward trend in the medium term. The operating strategy should adhere to the principle of following the trend and avoid entering the market to catch the bottom too early.
For the current market conditions, it is recommended that investors consider shorting Bitcoin around 109700, with a target set at 109070; Ether can be shorted near 4030, with a target set at 3920.