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ETH tests the 2,006 low with a weak rebound; down over 10% in 7 days and still weak

Currently at 2,050.62 (-3.83%), after a high-volume selloff from the 2,450 peak, it tested the 24H low of 2,006 before forming a lower wick and edging up slightly. The 4H moving averages are bearishly aligned (EMA7:2,076.02 / EMA20:2,135.52 / EMA60:2,215.24), with the current price below EMA7. Reclaiming 2,076 would be an initial sign of stabilization; only above 2,135 can a stronger trend be considered.

Scenario: If 2,006 holds → bottom out on declining volume, then rebound to 2,076; above th
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ETH-1.23%
#ShareWeekly #BTC #WCTCS9
Opening: Bitcoin Remains at the Center of Global Financial Attention
Bitcoin continues to dominate discussions across global financial markets as investors, analysts, and cryptocurrency enthusiasts closely monitor its price movements, institutional participation, and long-term market potential. As the world's largest cryptocurrency by market capitalization, Bitcoin has become an important asset in discussions about digital finance, monetary innovation, and the future of decentralized financial systems.
The BTC market is influenced by several interconnected factors, i
Trenches
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Cardano (ADA) is trading around $0.174, down about 2% on the day and roughly 28% over the past month.

Large holders have been selling into the slide — wallets holding 10 to 100 million ADA offloaded about 50 million tokens since 4 November, and the coin has now fallen five weeks in a row.

There is brighter news underneath: a blockchain evidence system built on Cardano is already in use with police in India's Uttar Pradesh, and its developer is seeking treasury funding to expand it.

Watch the $0.17 level — a break opens the way toward $0.156 — and this week's central bank rate decision, whic
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ADA-1.48%
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Bulls Are Trapped — The $LAB USDT Short Setup Is Ready to Go

$LAB /USDT

Trade Direction: SHORT

Entry Zone: 0.0404800

Take-Profit Targets
🔹 TP1: 0.0391120
🔹 TP2: 0.0382000
🔹 TP3: 0.0368320

🛑 Stop-Loss: 0.0423040

$LAB ‌
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LAB-4.55%
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📝 Gate Square Newcomer Creator Rewards | Earn 0.1 USDT per post, with double exposure for 14 days!
Newcomers earn rewards as soon as they post, with up to 0.5 USDT available per day! The more you post, the more you earn!

🏆 The 11/9 Top Newcomer Creators List Is Here!
Congratulations to these 3 creators, each of whom will receive a 100 USDT position experience voucher!
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BTC market predictions update
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LIVE2,205
Pompliano Predicts Bitcoin Gains Amid Money Printing
Bitcoin money printing concerns are back in focus after prominent investor Anthony Pompliano shared a bold prediction about the cryptocurrency’s long-term future. According to Pompliano, continued government monetary expansion could provide a powerful reason for Bitcoin to appreciate over time, regardless of temporary market corrections.
The investor’s latest comments arrive as Bitcoin experiences another period of volatility, raising questions about whether short-term price movements accurately reflect the cryptocurrency’s long-term potenti
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BTC-0.67%
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Layout: Bitcoin, Ethereum, Dogecoin
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With the stock split, that loss is counted against retail investors? Then why even bother? I went long on SanDisk and am sitting on an unrealized loss again. $SNDK ‌
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SNDK-0.18%
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When you fade the daily runner cause the trenches have been so bad and you wake up to it 20xing 🥲
$PI If nobody buys, it just keeps pumping; if everyone keeps buying, it just keeps dumping and falling. That's the truth,
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PI-1.94%
In a fearful market, $BNB is relatively the most resilient of the three. The comparison is clear: over 24 hours, $GRAM is up 9.84% but has a 12.12% amplitude, with RSI already at 66.5, making it an overheated asset driven by sentiment; $XRP is down 4.25% with a 7.21% amplitude, the highest volatility, and its relatively high funding rate of +0.0095% indicates crowded longs; $BNB is down just 1.77%, with an amplitude of about 3.33% over 30 candlesticks, making it the least volatile of the three. Its 0.0000% funding rate indicates that leveraged longs have not piled in, and its pullback stru
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BNB-0.76%
GRAM-0.97%
XRP-1.15%
🌕 THE MOON IS CLOSER THAN IT LOOKS! 🚀
The next big #Memecoin move could be closer than anyone expects. 👀
💎 Conviction or just hype?
Which #Memecoin are you betting on to make history?
👇 DROP YOUR PICK!
#Crypto #Memecoins #BullRun
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MEME-0.94%
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The Gate Square comment challenge is still underway—start this week with an insightful comment 👇

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The weekly leaderboard’s No. 1 winner gets exclusive Gate merch worth 150 USDT. Show off your commenting skills in the comments section this week!

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After signing up, post your first valid comment under someone else’s post to receive a 10 USDT futures position trial voucher.

If something resonates wi
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🎁 New week, climb the leaderboard and win 150 USDT worth of merch!
The Gate Square comment challenge is still underway—start this week with an insightful comment 👇

🏆 Engage to top the weekly leaderboard and take home merch
The weekly leaderboard’s No. 1 winner gets exclusive Gate merch worth 150 USDT. Show off your commenting skills in the comments section this week!

🎉 Great rewards for your first comment—start chatting and get rewarded
After signing up, post your first valid comment under someone else’s post to receive a 10 USDT futures position trial voucher.

If something resonates with you, share your thoughts; if you have a different opinion, explain why; if you have questions, ask away. Keep participating to unlock comment check-in rewards!

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Why do you think Anthropic emphasized this?
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Today’s breakfast
One basket of xiaolongbao
One bowl of spicy pepper soup
Two youtiao
As usual, X friends eat first 😁 So soft and fluffy~
$ETH /USDT SHORT SETUP TREND BREAKDOWN CONTINUATION

$ETH /USDT

Direction: SHORT

Entry: 2,057.10

Stop Loss: 2,117.55

Targets
TP1: 2,011.76
TP2: 1,981.53
TP3: 1,936.19

$ETH ‌
ETH-1.23%
Bill Sean presntation at Bitcoin Capital Summit, El Salvador.
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BTC-0.67%
$BTC The real gut punch last night wasn’t at the moment CPI was released.
The data came out at 21:30: headline CPI rose 0.4% month over month and core CPI 0.3%, both 0.1 percentage point above expectations. BTC slid near 73400 in response, but the 22:00 hourly candle clawed its way back to 74380, making it look at first glance like it had held up.
The real blow didn’t come until 23:00—U.S. stocks turned negative intraday, the Nasdaq fell 1.1%, and the 2-year Treasury yield surged 14 basis points in a single day. In just one hour, BTC was pushed down from 74380 to 72809, and it dipped as low a
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BTC-0.67%
U.S. October CPI data is out, with both headline and core figures coming in above expectations—the headline index rose 0.4% month over month, while core CPI rose 0.3%. The result directly pushed back market expectations for policy easing, sending Treasury yields higher.
The crypto market came under pressure in response: BTC fell to around $73,459, while ETH slipped to around $2,022. Short-term leveraged liquidations were triggered, and the market entered a digestion phase for the bearish news.
Current pain points for bulls: $BTC at 73489, $ETH at 2072, and $SOL at 83.72, all of which have r
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BTC-0.67%
ETH-1.26%
SOL-0.77%
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