💥 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
Looking back at the morning market, BTC has been rising steadily, with long positions continuing to show higher trade volumes, climbing from 114300 to around 145800, an increase of nearly 1500 points. Ether, on the other hand, stabilized and rose from 4120 to 4250, with a one-sided upward movement of about 130 points. After exiting our long order in the morning, we took the opposite position, and the current price is around 115700.
The "high pullback" pattern clearly indicates that there is significant selling pressure above, and a temporary top may have already formed, initiating a technical correction. The main strategy should focus on shorting during rebounds. In the future, attention can be paid to Bitcoin's rebound towards the 116,000-116,200 area, or Ethereum's rebound towards the 4,240-4,260 range. If a stagnation signal appears, it will be an ideal opportunity to enter short positions. The primary downside target looks towards the 115,000-114,800 and 4,180-4,150 support zones #ETH链上活动升温 $BTC .
BTC strategy: Short around 116000, target 114500
Ether strategy: Short around 4235, target 4180