Why can prices still fall when large buy orders are sitting on the order book?

In cryptocurrency trading, many people watch the order book and try to judge market direction based on buy and sell orders. When a large number of buy orders appear on the screen, some traders believe support below is strong and that prices should not fall easily.

But reality is often not that simple. A large number of buy orders does not mean prices will definitely rise; a large number of sell orders does not mean prices will inevitably fall.

First, orders are not the same as actual trades.

The order book shows

Everyone's saying Musk is going to build social trading himself
If that's true, the meme golden age is really back
I love the memes Musk comes up with
Humorous, with multiple meanings in one phrase
Let's pray it's true
@elonmusk Save the trenches

ETH tonight: The key is whether the rebound can break through resistance.

Based on Gate ETHUSDT market data at 18:34 on November 6, the broader trend remains weak, while the short term is recovering. Watch 2246–2252 as resistance; rejection favors a short-term short. Watch 2230–2233 for support; consider a short-term long only after it stabilizes.

If it holds above 2252, watch 2260–2270 next. If 2213 gives way and the rebound fails to reclaim it, watch for a retest of 2205–2190.

U.S. nonfarm payrolls are due at 21:30 tonight. Be mindful of volatility; set a stop-loss before considering upsi

What is leveraged trading? Why can leverage improve capital efficiency while also amplifying losses and liquidation risk?
In the cryptocurrency market, leveraged trading allows traders to use a relatively small amount of margin to open larger positions. But leverage is not a free multiplier for capital; it also amplifies the impact of price movements on account equity. Without risk management, even a modest adverse market move can cause serious losses.
First, what is leverage?
Leverage uses margin to establish trading exposure greater than the amount of margin contributed. For example, using 1

Where Does a Sense of Security in Crypto Come From? Gate Has Provided an Answer Worth Noting!

Dating requires a sense of security, driving requires a seat belt, and entering crypto requires even more attention to fund safety.
For users of digital asset trading platforms in particular, one of their biggest concerns is whether the platform provides sufficiently transparent asset information.
Gate's proof of reserves gives users a reference for understanding the platform's reserves.
Through the relevant verification mechanisms, users can monitor the asset data published by the platform rather th

Everyone, take note: 21:30 tonight, the Nonfarm payrolls bloodbath! The odds of a stronger-than-expected reading are extremely high.

$1.1 billion in longs were just wiped out, but tonight the real “nuclear bomb”—the major Nonfarm payrolls report—finally drops!

$BTC plunged straight down below $76k, with over $1.2 billion in liquidations across the entire market in 24 hours; longs accounted for as much as 90%. U.S. stocks’ AI sector also crashed in tandem, as crypto and equities bled together. But the real test comes tonight at 21:30—the October Nonfarm payrolls and unemployment data will be

Is the Nasdaq plunge just the beginning? AI trading is undergoing a major shake-up, and Nvidia isn’t the real danger ahead!

Many people saw the Nasdaq fall 5.5% and immediately thought the AI bubble was about to burst. But I believe the greater concern is that the AI supply chain may begin to diverge. Companies with real technological barriers, customer orders, and cash flow may not lose their long-term value because of a single plunge. Conversely, companies that rely on financing, lack stable revenue, and depend too heavily on future orders may face a much tougher test. The market previously

$EVAA ‌
EVAA is currently trading at 1.3975, down 2.59% over the last 24 hours. After a sharp drop to a low of 1.2663, the asset has established a short-term recovery trend, printing higher lows. It is currently consolidating below immediate resistance, with volatility compressing as moving averages converge.

· Resistance: 1.4100 - 1.4200 (Recent bounce high and the 24h futures mark).
· Pivot/Support: 1.3651 (MA10) and the psychological 1.3900 level.
· Critical Support: 1.2663 (Recent swing low).

The 1-hour chart reveals a V-shaped recovery from the 1.2663 bottom. Price has successfully rec

The guys in the group still have some tricks up their sleeves. Even in this market, he’s managed to make a few grand playing the primary market. I asked him for his wallet address so I can copy his trades.
The secondary market’s been tough lately, so I’ll have to rely on the group for primary-market picks. 😭

Crypto users are collectively waking up: Before buying coins, first ask: Are the funds safe?

In the past, when entering the crypto market, many people’s first question was: Which coin could rise tenfold?
Now more and more people are asking: Are the platform’s funds safe?
It’s not that they’ve become less bold. After gaining more experience, they’ve finally understood one thing: Making money is important, but being able to manage assets with peace of mind is even more important.
Gate’s proof of fund security gives users a reference for understanding the platform’s reserves. Through the relevan

#BTC
Bitcoin's Sharp Reversal: The $80K Recovery Failed, and Now the $75K Zone Is Back in Focus

Bitcoin's latest price action has changed the short-term market picture. After recovering above $80,000, BTC failed to maintain its upward momentum and experienced another aggressive sell-off. The price moved from approximately $81,105 to $76,059, representing a decline of around 6.22% from the recent high. What looked like a recovery quickly turned into renewed selling pressure, bringing the $75,000 region back into the market's immediate focus.

The important part of this move is not simply the

Heard the saying, be greedy when others are fearful?
Well, the VIX is a good measure of fear itself.
And today, it spiked 70%.
Historically, every time the VIX spiked this big, it marks the local bottom for $BTC .
Are you buying the dip?

$ENA
ENA is currently trading at 0.16472, down 8.52% for the day. After a sharp initial drop, the market has entered a consolidation phase, forming a tight range as it attempts to build a base.

· Resistance: 0.16850 (MA30) – The immediate hurdle to break.
· Support: 0.15612 – The recent swing low acting as the floor.

The 1-hour chart shows a massive initial sell-off followed by sideways accumulation. Price is currently chopping around the MA5 and MA10, attempting to cross above them. The MACD is showing slight bullish convergence (green histogram), indicating that downward momentum is fadin

$XAUT 21:30 U.S. October nonfarm payrolls data is released. The market expects 65k jobs to be added, but leading indicators are notably stronger: ADP added 86k, above expectations of 69k

Initial jobless claims fell to 189k last week, matching a 57-year low, making an upside surprise more likely. The probability of a December rate hike remains at 68.7%; if the data is strong, this probability could rise back above 80%, putting pressure on gold

Gold rebounded from 3869 to 4146 this week before plunging rapidly. Today it fell below 4050, touching a low of 4037. This rebound is more likely a cor

Successful closing of the ORCAUSDT position! 🚀
I’d like to share the result of my recent Gate futures trade. I managed to catch a great move long:
• 📊 Trading pair: ORCAUSDT (Futures)
• 🎯 Direction: Close Long
• 💵 Fill price: 1,4033
• 📈 ROI: +8,25%
• 💰 Profit (PnL): +0,37 USDT
I’ll keep trading and analyzing the market. Wishing everyone profits! 👍
👉 #GateSquareTradingChallenge

Make or break zone.
If Bitcoin loses this support here, we're genuinely f*cked.

Good morning, CT
Blessed Friday 🤍🏖️