Bitcoin Holds at $83,000: The Market Is Frozen in Anticipation, but Long-Term Holders Remain Calm A day has passed since our previous analysis. The market situation has changed slightly, but the key narrative remains the same: after pulling back from the $87,380 highs, we have not seen panic selling. On the contrary, BTC has stabilized and is currently trading around $83,000. Let’s take a look at what has changed on the charts over the past 24 hours. What the Charts Say: Consolidation Instead of a Drop 4-hour timeframe (4H): Here we can see an attempt by the bulls to seize the initiative. The $83,000 price is squeezed between the Bollinger Band boundaries (UB: $83,654 and LB: $81,510), but most importantly, it is attempting to hold above the middle band (MB: $82,582). The MACD indicator on the 4H is giving its first tentative bullish signals: the MACD histogram is already positive (137.8), while the DIF and DEA lines are beginning to converge, hinting at an imminent bullish crossover. This means the downward momentum is fading, and buyers are cautiously beginning to build positions. Daily timeframe (1D): The broader picture remains under selling pressure. The price is below the Bollinger middle band ($84,183), which is now acting as the main resistance. However, the lower band ($81,822) acted as strong support—the rebound from it was fairly confident. The daily MACD remains in negative territory (MACD: -552.3), but the decline is not deepening. Note the volume: over the past 24 hours, it totaled just 11.38K BTC. This is a low figure that clearly indicates the market has entered a consolidation phase. Sellers are running out of steam, while buyers are not yet rushing in with large orders. Why Aren’t Long-Term Investors Panicking? Let’s return to yesterday’s main thesis. While the short-term technical picture looks shaky, the fundamental backdrop remains rock-solid. Those same long-term holders (LTHs), who control most of the supply, did not move their coins even during the pullback to $82,000. A supply shortage has formed in the market: only a thin layer of bitcoin is freely traded, while institutional investors continue to quietly accumulate the asset through ETFs. Demand from major funds is meeting limited supply—this is a classic spring compressing ahead of the next impulse. What to Expect Next? The next 24–48 hours will be decisive for the short-term trend: 1. Bullish scenario: If the price can overcome the resistance at the daily Bollinger middle band at $84,200 and hold above it, the way will be open for a retest of $87,000. Given the 4H MACD setup, this scenario looks quite realistic. 2. Bearish scenario: If selling pressure intensifies and we lose support around $81,800, the market could move into a deeper correction toward the $76,000–$78,000 zone, where the next major support levels are located. Bottom line: The market is in an accumulation phase. Volatility has declined, and volumes have fallen. This is the time to be patient. History shows that it is precisely during such quiet moments that the foundation for the next powerful rally is laid. Long-term holders understand this perfectly—and that is exactly why they are not selling. #BTCPullsBackTo81000 $BTC ‌

Tom Lee: Ethereum may break $5,000 by the end of the year, and this cycle is expected to hit $50,000. Tom Lee said in an interview that Ethereum could rise to $25,000–$50,000 in this cycle and may exceed $5,000 by the end of the year. According to him, ETH has been trading in the same range for five years, and prolonged accumulation could form the basis for a major breakout. If Bitcoin rises above $100,000, ETH could reach approximately $7,500. It is important to understand: this is a forecast, not a guarantee. Traders, according to the prediction market, estimate the probability of reaching $5,000 by the end of 2026 at just 4%. Weekly chart (1W): price below the Bollinger middle band On the weekly timeframe, ETH is trading around $2,501. The Bollinger middle band (MB) is at $2,110, the upper band (UB): $2,869, and the lower band (LB): $1,351. The price is holding above the middle band, preserving the global uptrend, but it is still far from the upper channel boundary. MACD on the weekly chart: the histogram is positive (100.69), while the DIF and DEA lines are near the zero mark, indicating weak but not negative momentum. Weekly OBV is declining, indicating a lack of significant inflows on this timeframe. Daily chart (1D): attempt to hold above support The daily timeframe provides a more precise picture. The price of $2,501 is below the Bollinger middle band ($2,648), which technically indicates weakness. The upper band: $2,818, and the lower band: $2,478. MACD on the daily chart: the histogram is negative (-35.59), but the DIF and DEA lines are converging—the downward momentum is slowing. Daily OBV is also declining, indicating that selling is prevailing. The nearest support is the lower Bollinger band at $2,478; resistance is the middle band at $2,648. 4-hour chart (4H): consolidation near the lower band On the 4-hour timeframe, the price of $2,501 is slightly above the Bollinger middle band ($2,496). The bands are: UB — $2,548, LB — $2,444. MACD on the 4H chart is only beginning to form: the histogram is slightly positive (8.02), while DIF (-27.02) and DEA (-35.05) remain in negative territory. This indicates a possible reversal, but there is no confirmation yet. 24-hour volume is 506.13K ETH, which is below average. OBV on the 4H chart is declining, confirming the absence of aggressive buying. Conclusion The technical picture on the ETH charts looks neutral and cautious. The price is trapped between support at $2,444–$2,478 and resistance at $2,548–$2,648. For Tom Lee’s scenario to materialize, the upper boundary of the daily Bollinger channel ($2,818) must be broken with rising volumes. For now, the market is in a consolidation phase, and the forecast remains just a forecast and nothing more. #EthereumUpOver71%inQ3 $ETH ‌

#WCTCS9 #GateWCTCS9 #GateWCTCS9GlobalTradingCompetition WCTC S9: WHERE MARKET KNOWLEDGE, TEAMWORK, AND TRADING DISCIPLINE COME TOGETHER The next level of trading is not simply about predicting whether Bitcoin will rise or fall. It is about understanding market conditions, managing uncertainty, learning from real results, and building a community where traders improve together. Gate’s WCTC S9 Gate Square Carnival brings these principles into focus through team recruitment, market discussions, trading performance, and community participation. With a share of a 50,000 USDT prize pool, GT rewards, and additional eligible benefits, the campaign offers an opportunity to combine competition with knowledge-sharing. However, rewards depend on the official rules, eligibility requirements, and selection criteria. CAMPAIGN SCHEDULE AND PARTICIPATION Team recruitment runs from October 9, 2026, at 08:00 UTC until October 25, 2026, at 08:00 UTC. The main WCTC S9 trading competition is scheduled from October 26, 2026, at 08:00 UTC until November 25, 2026, at 08:00 UTC. Participants can review the official event interface, create or join a team where available, and publish original Gate Square recruitment content. Quality posts may receive featured placement and additional visibility. Eligible participants can also share genuine trading results and contribute to daily market discussions. According to the campaign announcement, ten eligible users each week may be selected by draw to receive 1 GT, while three notable result-sharing participants each week may receive Gate merchandise. Other benefits may include Position Trial Vouchers and additional campaign rewards. These opportunities are subject to the published terms and are not guaranteed. Official campaign page: https://www.gate.com/campaigns/6559 TODAY CRYPTO MARKET UPDATE Bitcoin is trading around $83,200 in the supplied market snapshot, showing a modest daily recovery after its recent decline. However, BTC remains below the early-October region around $85,300–$87,400. This suggests that buyers are attempting to stabilise the market, but stronger confirmation is still needed. The $83,200–$83,500 region is an important area to monitor. A sustained move above it, supported by stronger volume, could improve short-term sentiment. Further resistance appears around $85,300–$87,400. On the downside, $82,700–$82,400 is a nearby reference zone, followed by $81,500–$80,300. Ethereum is near $2,507. Its modest daily recovery is encouraging, but its reported seven-day decline of approximately -0.12% highlights continuing pressure on the broader trend. Solana is trading around $109–$110. Despite occasional positive daily sessions, its reported weekly decline of approximately -0.63% reflects the challenges facing altcoins. BNB is near $750, XRP around $1.40, and Dogecoin approximately $0.08576 in the supplied snapshots. Their mixed daily movements and weaker weekly performances reinforce one important lesson: short-term green candles do not necessarily signal a confirmed market reversal. These prices are reference snapshots, not guaranteed execution quotes. Traders should verify live prices before making decisions. OUR TEAM'S SMARTER TRADING FRAMEWORK 1. Analyse before entering: Identify whether the market is trending, consolidating, or reacting to news. Choose a strategy that fits the current conditions. 2. Respect support and resistance: Mark previous highs, lows, breakout levels, and invalidation points. Never assume a level will hold simply because it worked previously. 3. Confirm market momentum: Compare BTC, ETH, and SOL. Stronger participation across multiple assets may indicate broader market strength, while isolated rallies require additional caution. 4. Manage risk first: Use sensible position sizing, avoid excessive leverage, and never chase losses. Stop orders may experience slippage during volatile conditions. 5. Learn from every outcome: Share genuine results, explain the reasoning behind decisions, and evaluate mistakes honestly. A disciplined loss can provide more valuable lessons than an accidental profit. WATCH THE BIGGER PICTURE Cryptocurrency markets also respond to Federal Reserve expectations, Treasury yields, the US dollar, equity-market sentiment, and major economic releases. These factors can influence liquidity and risk appetite, but their impact varies. Our team should examine the evidence rather than blindly follow headlines. ONE TEAM. ONE GOAL. SMARTER TRADING. My vision for WCTC S9 is to build a community where research comes before speculation, risk management comes before excitement, and respectful discussion matters more than making bold predictions. We do not need identical opinions to become a strong team. We need transparent analysis, thoughtful questions, accountability, and a willingness to improve. Join the campaign, share your market perspective, connect with fellow traders, and participate responsibly. No competition guarantees profits, but every well-managed experience can strengthen our understanding of the market. Research Together. Trade with a Plan. Protect Capital. Improve Every Day. What creates the strongest trading team: technical analysis, macroeconomic research, risk management, or honest performance reviews? Let's share our knowledge, challenge assumptions, and build a smarter trading community together. #ShareWeekly [@Gate_Square](gt://mention/g1UZydKt-c9b1A62Hq) #PlanYourTradesThisWeek