How will the big players fleece you next? I’ll tell you all the scenarios for today. First, Ethereum rebounds from 2080 and moves upward in a choppy fashion to 2150 or 2170. After enough buyers have piled in during the day, it starts a one-way decline at around 6 p.m., pulling back to 2060. Then the big players make another T-trade, sending it back up near 2150 before another one-way decline. It moves downward in a choppy fashion, makes a new low at 2020, then triggers a short squeeze and climbs back above 2150 to trade sideways before testing 1950 to the downside. That’s the main Ethereum scenario for this week. You can use it as a reference—it’s just a plan, not a prediction. The most important thing in trading is how you respond. And remember to use a stop-loss on every trade (keep it tight). Some of you—I’ve really noticed you have a problem with your mindset. If your stop-loss gets hit, is the stop-loss the problem? It’s your entry timing that’s wrong!!!!! Don’t blame the stop-loss or set it too wide

November 5 $ETH Market Update

ETH’s rebound has been somewhat stronger than expected.

On the 4-hour chart, ETH has rebounded steadily from around 2172. It was capped near 2300 several times before, but this time it surged on heavy volume, reaching a high of 2449.

It is now consolidating around 2420, and I think the short-term structure has improved significantly. The most important thing next is whether it can break through 2450.

If it holds above that level, the next targets could be 2500–2525; for now, watch whether 2400 holds.

Democrats won both chambers of Congress, and the market had initially worried about tighter crypto policies. But once the news was confirmed, it instead helped drive prices higher, with BTC back above $80k and ETH showing greater upside.

However, this rally was not driven solely by election news. After the deep declines earlier, the market was already due for an oversold rebound.

That does not mean funding issues in the crypto market have been resolved. The contraction in stablecoin supply and the pressure from ETF outflows remain worth watching.

Next, focus on Friday’s nonfarm payrolls report and next week’s CPI. These two data releases could once again affect market expectations for Federal Reserve interest rates.

#BTC重返8万

🔥 What are we discussing today? Gate Square’s trending topics have been updated!

🔹 #美国10月CPI
Will the upcoming inflation report show further cooling, or will it once again disrupt rate-cut expectations?

🔹 #BTC Flash Crash and Wick$BTC
It briefly fell to $73,510. Was this a leverage flush, or the start of another downturn?

🔹 #英伟达突发风波股价承压CEO
As the personal incident and independent investigation continue to escalate, will $NVDA face only short-term pressure, or will governance and regulatory risks be priced in further?

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