#CoinDesk11月报告Gate战绩来袭

Bitcoin remained in a small structural fluctuation range throughout the day yesterday, with both bulls and bears being relatively cautious, resulting in limited price volatility. During the afternoon trading session, the bearish forces were temporarily released, with prices dipping to around 100,800 USD, after which the bulls launched a counterattack, initiating a rebound trend. The afternoon market continued to rise, reaching a peak of 104,000 USD; however, this position faced strong resistance, causing the price to be pressured and fall back again. In the evening session, market volatility slightly increased, and after rebounding to 103,500 USD, the bears exerted pressure once more, leading to a continued decline. As of today’s trading session, Bitcoin dropped to a low of 97,930 USD, creating a temporary low point. The bulls then organized a counteroffensive, and the price has now risen above 100,000 USD, temporarily distancing itself from the low range. From a technical perspective, Bitcoin had previously formed a short-term top adjustment pattern; it further broke below the previous key support level during yesterday's trading session, confirming the bearish rhythm in the short cycle, which is consistent with the market logic we emphasized repeatedly yesterday. The current rebound reflects more of a technical correction following an oversold situation at the low, and attention should be paid to the stability of the 100,000 USD level. If it cannot effectively hold, there is still a possibility of returning to low-level fluctuations.
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