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Regarding going long now, here’s my take.

Lately, people keep asking me whether they can go long on BTC and ETH now.

My view is clear: going long now is a gamble.

Look at the weekly charts: BTC and ETH are still steadily drifting lower, rebounds are getting weaker, highs keep moving down, and red candle follows red candle. We still haven’t seen a genuine bottoming structure.

I’ve been emphasizing for days that I’d rather miss some of the first rally than blindly try to catch the bottom in this kind of market.

There’s a saying in trading: going long earns you price gains; going short earns
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BTC-0.65%
ETH-1.23%
You can also catch sea wolves while raft fishing.
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Trenches
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4Cxj...pump
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AGT
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FOOD
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IDOL
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0x3b...ab07
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AI
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11.13 Market Analysis

I. Market Overview

BTC fell below $70,000. Continued ETF outflows, personnel changes at Nvidia, an index adjustment involving MSTR, and renewed uncertainty around U.S.-Iran talks have added to market uncertainty. The cryptocurrency market remained under pressure today, with overall risk appetite declining.

Total market cap: Approximately $2.31 trillion–$2.42 trillion, down around 5% over 24 hours.

Bitcoin (BTC): Currently trading around $68,700, down approximately 5%–7% over 24 hours. It fell below $70,000 and touched levels near a 12-week low. Market cap: approximate
BTC-0.67%
NVDA-4.49%
MSTR-6.55%
ETH-1.26%
BNB-0.76%
What Is Price-Volume Divergence? How Is It Different from an Ordinary Decline in Trading Volume?

In crypto markets, price and trading volume do not always move in sync. When prices continue to rise while trading volume gradually declines, or prices keep falling while trading volume continues to contract, traders may look for signs of price-volume divergence. But price-volume divergence is only an analytical clue; it does not mean the market will necessarily reverse.

First, what is price-volume divergence?

Price-volume divergence refers to a mismatch between price movements and changes in tr
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☀️ GM. Weekend countdown: charts or chill?
US October PPI drops today at 13:30 UTC. After a volatile week, will you keep watching the markets or take a breather?

📌 Today's topic: What's your weekend mode?
📈 Watching: Which asset is on your radar? What signal are you waiting for?
📝 Reviewing: Which trade deserves a second look? What did you learn this week?
☕ Relaxing: Logging off—or still sneaking a peek at the charts?

🎁 Post to claim a red packet. Share your weekend plans or trading stories on Gate Square, with bigger bonus red packets dropping at random. Quality posts may also get feat
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Gate_Square
☀️ GM. Weekend countdown: charts or chill?
US October PPI drops today at 13:30 UTC. After a volatile week, will you keep watching the markets or take a breather?
📌 Today's topic: What's your weekend mode?
📈 Watching: Which asset is on your radar? What signal are you waiting for?
📝 Reviewing: Which trade deserves a second look? What did you learn this week?
☕ Relaxing: Logging off—or still sneaking a peek at the charts?
🎁 Post to claim a red packet. Share your weekend plans or trading stories on Gate Square, with bigger bonus red packets dropping at random. Quality posts may also get featured.
👇 Share your weekend mode, claim rewards, and get noticed: https://www.gate.com/post
‍#GateSquare #WeekendTalk #TradingJournal
repost-content-media
#WhiteHouseSubmitsCFTCAndSECNominations

The White House has submitted nominations for positions at the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC), bringing renewed attention to the future of financial regulation in the United States. These two regulatory agencies play important roles in overseeing financial markets, protecting investors, and establishing rules that influence the broader financial ecosystem.

The CFTC oversees derivatives markets, including futures and certain commodities-related financial products, while the SEC supervises se
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SNDK-0.18%
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$XRP New short trade: Sell 1.0170–1.0300. Targets: 1.0050, 0.9975, 0.9810. Stop loss: 1.0415
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XRP-1.15%
Earlier, when ETH was at 2,700, someone was unwaveringly convinced it was going to zero. Now it has broken below 2,000. The current price is around 2,922. In the meantime, someone still had a dirty mouth, saying they'd eat shit if it broke below. I'm speechless. $ETH ‌
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ETH-1.26%
The market has been sliding all the way down. Bitcoin fell below the 7,000 mark, with its price dropping to a low of 68489.3! Ethereum fell below 2000 as well, reaching around 1915.03.
How many long positions were trapped by this sharp drop?
Many people got trapped on the way down, holding on to wishful thinking.
Opening long positions halfway down, using no stop-losses, repeatedly adding to positions, blindly trying to catch the bottom.
As the saying goes: “The road is hard, the road is hard; so many forks in the road—where are we now?”
The market’s ups and downs are, at their core, a test of
ETH-1.23%
BTC-0.65%
ZEC+1.29%
🇹🇭 THAILAND LAUNCHES CRYPTO-TO-FIAT PAYMENTS FOR TOURISTS!
Tourists can now convert crypto directly into Thai Baht to pay for local purchases.
Another step toward mainstream crypto adoption!
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The most beautiful morning in your world is the morning you open your eyes to welcome a new day. Never forget that!
Good morning and may your Friday be blessed!
$NVDA ‌ #JensenHuangResigns
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NVDA-0.35%
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Congrats to the guys in the livestream—caught the ETH dip and took profit successfully again. Keep your hands in check and manage your positions well; there are always opportunities. Frequent trading is a major no-no! Steady profits are what matter most.#BTC跌4% $ETH
ETH-1.23%
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Look at the K-line chart
Who resigned?
Was it Jensen Huang or Satoshi Nakamoto?
USOctoberCPIBeatsExpectations Inflation is heating up again. Could the Fed turn more hawkish, and wh
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LIVE2,069
The trading market never clocks out, but my weekend can!

It was only after I started investing that I realized the hardest part isn’t judging the market, but learning when not to watch it.
Whenever the weekend came around, I used to feel like I had to catch every single move. While others went out, I watched charts; while others went to dinner, I followed the news; while others slept, I was still studying the market.
By the end of the day, I hadn’t learned anything new about the market, but my dark circles had become more and more noticeable.
There’s been plenty of volatility this week, and t
MU-1.61%
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Short at 0.8197–0.8231 $DOT ; sellers must defend this zone. If 0.823 is rejected: watch 0.801 first, then 0.789. If price moves back above 0.842: this setup is invalidated. Wait for sellers to defend this zone. No need to chase. • Price is below the 4H EMA50, with structure favoring sellers. • The daily trend is down, supporting the short thesis. • The 1H RSI is at 45, indicating room for further downside.🔴 Short entry: 0.8197–0.8231Take profit: 0.8093 / 0.8012 / 0.7891Stop loss: 0.8416Not investment advice; manage your position size accordingly.
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DOT-1.51%
#October2026TransparencyRepor
𝗢𝗖𝗧𝗢𝗕𝗘𝗥 𝟮𝟬𝟮𝟲 𝗧𝗥𝗔𝗡𝗦𝗣𝗔𝗥𝗘𝗡𝗖𝗬 𝗥𝗘𝗣𝗢𝗥𝗧: 𝗪𝗛𝗬 𝗚𝗔𝗧𝗘 𝗠𝗢𝗡𝗘𝗬 𝗠𝗔𝗥𝗞𝗦 𝗔𝗡 𝗜𝗠𝗣𝗢𝗥𝗧𝗔𝗡𝗧 𝗦𝗧𝗘𝗣 𝗧𝗢𝗪𝗔𝗥𝗗 𝗜𝗡𝗧𝗘𝗚𝗥𝗔𝗧𝗘𝗗 𝗙𝗜𝗡𝗔𝗡𝗖𝗜𝗔𝗟 𝗦𝗘𝗥𝗩𝗜𝗖𝗘𝗦

🔍 𝗪𝗵𝗮𝘁 𝗜𝘀 𝘁𝗵𝗲 𝗠𝗼𝘀𝘁 𝗜𝗺𝗽𝗼𝗿𝘁𝗮𝗻𝘁 𝗗𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁?

One important development in Gate's October 2026 Transparency Report is the growing role of integrated financial services through Gate Money. The report highlights upgrades aimed at bringing financial services together within a broader ecosystem.

This is an important direction because
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#ConvertNewUserAirdrop

𝗧𝗵𝗲 $𝟮 𝗪𝗟𝗙𝗜 𝗔𝗶𝗿𝗱𝗿𝗼𝗽 𝗠𝘆𝘁𝗵: 𝗜𝘀 𝗧𝗵𝗶𝘀 𝗡𝗲𝘄 𝗨𝘀𝗲𝗿 𝗥𝗲𝘄𝗮𝗿𝗱 𝗥𝗲𝗮𝗹𝗹𝘆 𝗪𝗼𝗿𝘁𝗵 𝗬𝗼𝘂𝗿 𝗔𝘁𝘁𝗲𝗻𝘁𝗶𝗼𝗻?

A common myth about crypto airdrops is that every free token reward is an easy way to make money. That is not true. A free reward can be a useful starting point, but it does not guarantee profit, future growth, or a valuable return.

The Convert New User Airdrop brings a simple opportunity into focus. Eligible new users can receive $2 in WLFI and participate in daily rewards. The offer is small, but the bigger point is that new u
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WLFI-0.16%
BTC falls below $71k, hitting its lowest level since September! The $70k level is under threat—where
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