10.16 Friday morning market overview: BTC M-top correction complete
BTC formed a long lower wick and a small-bodied bullish candle this morning, with the market difficult to read
Last night, affected by the PPI data, BTC wicked down to 7.97, breaking below the previous low of 8 before this rebound;
After the data was released, total liquidations across the network over 1H reached $476 million, with long liquidations accounting for as much as $457 million, mainly concentrated in ETH and BTC
When news-driven moves quickly wick downward and then rebound, the purpose is to liquidate bo

Friday morning BTC/ETH strategy by Zhong Ling on 10.16
The MACD has formed a golden cross below the zero axis, releasing some short-term rebound momentum. However, the indicator as a whole remains below the zero axis, and the broader bearish structure has not reversed. The current rise is essentially a technical oversold recovery following the release of CPI data.
Trading plan
BTC: Short around 82300-82800, target: around 80K
ETH: Short around 2450-2470, target: around 2330
$BTC $ETH #GateWCTCS9全球交易赛 #Solana大升级定档 #美国9月PPI大超预期 #Ledger被植入间谍芯片

Current price 1376.61, up only +0.95% over 24h, with a trading volume of 40.9M USDT, yet the amplitude across 30 candlesticks is as high as 10.57%—a low gain paired with high volatility indicates a typical long-short rotation zone, not a trend acceleration phase. MA5=1380.32 remains above MA20=1354.25, and the MACD histogram at +6.893 maintains a bullish bias, but RSI=51.7 has returned to neutral. The price is running just below the upper Bollinger Band at 1401.61, with clear resistance at the upper band. The Fear and Greed Index is 63, in the greed zone; sentiment is warm but not extreme, an

☀️ NEW PREDICTION MARKET: Will Solana reach $100 this week?
The $100 downside threshold is priced at 62% in the Oct. 15 snapshot. Tokenized-stock optimism still needs a confirmed Solana deployment.

#USSeptemberPPIBeatsExpectations 🚨 | U.S. Wholesale Inflation Surges — Markets Face a New Fed Test!
📅 October 16, 2026 | Macro Market Watch
Inflation pressure is heating up again in the United States. September’s Producer Price Index (PPI) came in significantly above expectations, delivering another warning that price increases are spreading through the economy.
📊 THE NUMBERS THAT MATTER
- 🔥 Monthly PPI: +1.3% versus +0.5% expected.
- 📈 Annual PPI: +6.3%, up from 5.6% in August.
- ⚡ Energy prices: +10.8% month over month.
- ⛽ Gasoline prices: +20.3% month over month.
- 🏭 Services prices

#美国9月PPI大超预期 #每周来晒 September PPI Surges to Four-Year High—Will the Fed Take Drastic Action in December?
Following Wednesday’s hotter-than-expected CPI, the PPI once again confirmed mounting inflationary pressure. U.S. PPI rose 6.3% year over year in September, far above the expected 5.3%, marking the largest increase since December 2022; it rose 1.3% month over month, also well above the expected 0.5%, marking the largest increase since March 2022. Core PPI, excluding food and energy, was also strong. It rose 5% year over year and 0.7% month over month, both above expectations.
Energy Drives P

The 2026 League of Legends Worlds is here. Predict and share 150,000 USDT. https://www.gate.com/competition/LOL-2026?ref_type=165&ch=8539&ref=VLARBF1YAG

$DUSK Current price: 0.1095. The first resistance above is the upper Bollinger Band at 0.1149, while support below is the lower Bollinger Band at 0.1076. Let’s lay out the key levels first, then discuss the logic.
From the funding perspective, this 24h +7.88% rally carries a counterintuitive signal: the funding rate is -0.0065%, meaning it is negative. Price is rising while the funding rate is negative, indicating that shorts in perpetual contracts are paying longs, with the positioning structure skewed bearish. In other words, this rise is not driven by leveraged long chasing, but by shorts

☀️ GM! The market has been very noisy this week. 🔊
Hot inflation data, tech stock volatility, and BTC searching for direction.
📌 Today's question: What is the single most important signal?
📊 How will inflation shape the next move?
₿ BTC, stocks, or gold — what are you watching?
👀 Has your trading plan changed this week?
Filter out the noise. Share what matters.
🎁 Post your weekly outlook on Gate Square to claim a red packet, with larger surprise rewards distributed at random.
👇 Share your outlook:
https://www.gate.com/post

Made a crypto survival simulator with the Grok bot: starting capital of $1,000, and you win if you make it through 30 days.
I tried many times and kept losing money, ultimately having to evolve from a retail sucker into the scythe to make a profit. Very realistic.😂

Gold, once again at a critical juncture, with bulls and bears battling
Yesterday, it fell from 4160 to 4130, and the strategy also called for shorting at 4160. The rhythm over the past two days has been a rebound after a decline. The intraday rebound has already recovered all losses, in line with the view of looking for a decline first and then a rise.
Today is Friday, once again a critical moment at a key level. Watch the major 4200 level and whether the price can break above the strong resistance zone at 4200-20. If it breaks above, the bulls will take over. Until it breaks above, follow yes

$BAT Short-term bias remains bullish, but the market has entered a high-risk zone for chasing highs. Wait for a pullback that holds before entering.
Technical breakdown: MA5=0.2146 remains above MA20=0.192735, and the medium-term moving-average structure has not deteriorated. However, the current price of 0.2066 has fallen back below MA5, indicating that short-term momentum is weakening after the sharp 24h +22.54% rally. The MACD histogram at +0.002192 remains bullish and has not turned negative, with no signal of a trend reversal. RSI=60.1 is in a relatively strong but not overbought range, l

I’ve turned off the gainers and losers ranking for $ZRO for now, and what remains on the chart is actually just one question: $ZRO’s strength is still intact, but the crowding is already plain to see.
$ZRO is currently at 2.177, up 14.28% in 24 hours. The 1-hour support is 1.8, resistance is 2.208, and current volume is 0.72 times the average volume of the past 20 candles.
My view for now is this: I acknowledge that the trend is strong, but what matters next is not how much higher it can surge, but whether buyers step in during the first pullback. To the upside, merely touching 2.208 does not

$BTC 10.16 Bitcoin Trend Analysis
Two expected Bitcoin price movements:
1. White line: The Wave 2 correction is complete, and the Wave 3 rise begins directly.
2. Yellow line: Still in the Wave 2 correction’s Wave B rebound, followed by a Wave C decline.
Both are possible, and either scenario includes a rebound and rise.
It is currently recommended to continue holding long positions, then decide on subsequent operations based on the rebound’s height and strength.
Risk disclaimer: This is only an analysis of market structure and does not constitute any trading advice.
#BTC走势分析 #Bitcoin Trend Ana

$BTC Google ran magic state cultivation on the Willow chip, reducing errors by approximately 40-fold and achieving 99.99% accuracy, cutting the error-correction overhead of fault-tolerant quantum computing. For the crypto industry, the Q-Day narrative has gained fresh fuel: two papers published at the end of March reduced the number of physical qubits needed to break Bitcoin from the millions to the tens of thousands, while Google Quantum AI warned that transactions being broadcast could be hijacked in approximately 9 minutes, putting approximately 6.9 million BTC with exposed public keys at

$STRK Short-term bullish sentiment prevails, but the risk of chasing higher amid greed is accumulating.
The Fear & Greed Index stands at 63, in the greed zone. Risk appetite remains, but this is no longer a low-level opportunity to pick up positions. At the broader market level, BTC's leading effect remains dominant, and high-Beta assets such as STRK can see amplified gains when BTC stabilizes. Looking at its own data, MA5 (0.087078) has moved above MA20 (0.0834935), with the moving averages in a bullish alignment. The MACD histogram is positive (+0.0002426), indicating continued bullish mome

Aptos Labs' Shelby storage network, co-developed with Jump Crypto, now runs production workloads for Teepin, Pictor Network and PathPulse AI in private beta. The three customers span enterprise AI, 3D rendering and spatial data.
@Aptos

Global markets closed, and a miracle happened: The Nasdaq miraculously recovered all of last night’s losses, while the S&P 500 also ended its three-session losing streak. Even more astonishingly, buying demand for U.S. Treasuries did not disappear after U.S. stocks rose, and the 10-year U.S. Treasury yield fell to 5.06%.
1. The one who came to the rescue was neither the Federal Reserve nor Trump, but Jensen Huang. Jensen Huang said that CoreWeave’s financial strength is improving every day and that its cost of capital is “actually declining,” so NVIDIA does not need to provide it with backstop