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Bitcoin Pulls Back From $87,000 — Are Long-Term Holders Preparing for the Next Rebound?
Bitcoin has pulled back from the $87,000 level, but the bigger question is whether this is a temporary correction or a sign of further downside. While short-term traders watch every price movement, long-term holders remain an important group to monitor.
My Gate Live session is happening now, where we’re discussing Bitcoin’s price structure, long-term investor behavior, key support levels, and the signals that could shape BTC’s next move.
What We’re Watching Today
1. Bitcoin’s Pullback From $87,000
A rejecti
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BTC+0.19%
  • 2
Cousins stick with cousins 🫵🤡🤍
retar dio
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$NPC
Next leg up is loading 👽
@CryptoWizardd @cryptocevo
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NPC+3.40%
📰🔥 TODAY IN HISTORY 🔥📰
📆 — OCTOBER 10
🌎📜 EVENTS THAT MARKED THE WORLD
🌪️ 1780 — The Great Hurricane of 1780 devastates the Caribbean, causing between 20,000 and 30,000 deaths.
🇧🇷 1822 — José Bonifácio and his brother Martim Francisco are removed from the first ministerial cabinet of the Empire of Brazil, but return just two days later.
🔭 1846 — Astronomer William Lassell discovers Triton, Neptune’s largest moon, expanding knowledge about the mysteries of the Solar System.
🎖️ 1866 — The Duke of Caxias is appointed commander-in-chief of Brazilian troops in the Paraguayan War.
🇨🇺 18
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XRP+1.64%
XLM+2.63%
By 2032, the current AI buildout math wants roughly 183 GW of capacity earning ~$6.90 per billed GPU-hour at 80% utilization.
That is a huge amount of infrastructure that has to stay busy.
Van Nieuwerburgh’s central case assumes a ~$9.6T capital base, 10% unlevered returns, 50% operating cash-flow margins and a six-year IT equipment life.
Under that setup, the system needs $3.725T in annual revenue, around 9.2% of projected US GDP.
Move the assumptions around and that hurdle runs from $2.3T to $6.7T.
Meanwhile models keep getting cheaper to run, inference stacks keep improving and more capacit
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Financial News, Crypto Updates, Real Trading Strategies
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LIVE1,809
#GateWCTCS9GlobalTradingCompetition Gate WCTC Season 9, A Global Trading Competition That Brings Opportunity, Strategy, and Ambition Together
The global crypto market is entering another exciting chapter as traders continue searching for opportunities to demonstrate their skills, discipline, and market knowledge. Gate WCTC Season 9 Global Trading Competition brings the spotlight to competitive trading, where preparation, patience, and strategic thinking can make a meaningful difference.
For every trader, a competition is more than a race to generate profits. It is an opportunity to test a stra
CryptoMishu
#GateWCTCS9GlobalTradingCompetition Gate WCTC Season 9, A Global Trading Competition That Brings Opportunity, Strategy, and Ambition Together
The global crypto market is entering another exciting chapter as traders continue searching for opportunities to demonstrate their skills, discipline, and market knowledge. Gate WCTC Season 9 Global Trading Competition brings the spotlight to competitive trading, where preparation, patience, and strategic thinking can make a meaningful difference.
For every trader, a competition is more than a race to generate profits. It is an opportunity to test a strategy, understand market behavior, manage risk, and learn how decisions perform under pressure. In a market where prices can change rapidly, the ability to remain disciplined can be just as important as identifying a promising trade.
WCTC Season 9 represents the competitive spirit of the cryptocurrency community. Traders from different backgrounds and regions share a common interest in digital assets, market movements, and the challenge of making informed decisions. A global trading competition creates an environment where participants can measure their performance while gaining a deeper understanding of their own trading habits.
Bitcoin and Ethereum remain important assets to watch as traders evaluate market momentum, liquidity, volatility, and changing investor sentiment. However, successful participation requires more than following popular coins or reacting to sudden price movements. Every decision should begin with a clear plan and an understanding of the risks involved.
One of the most valuable lessons in trading is that opportunity and risk always exist together. A strong market can encourage confidence, but excessive confidence can lead to poor decisions. A sudden reversal can challenge even experienced traders. That is why risk management, position sizing, and emotional control remain essential throughout a competitive trading environment.
Gate WCTC Season 9 also highlights how cryptocurrency trading has evolved into a global activity. Traders now have access to advanced market information, digital trading tools, and communities that discuss strategies across different time zones. Competitions can bring these participants together around a shared passion for understanding the markets and improving their performance.
For beginners, the most important goal should be learning rather than chasing a leaderboard. Studying price action, understanding order types, and recognizing the effects of volatility can build a stronger foundation for future decisions. New traders should avoid risking money they cannot afford to lose and should never assume that a competition guarantees profits or rewards.
Experienced traders can use a competition as an opportunity to evaluate consistency. One successful trade does not necessarily demonstrate a reliable strategy, just as one losing trade does not automatically mean a strategy has failed. What matters is the quality of the decision making process, the ability to control risk, and the willingness to learn from both positive and negative outcomes.
The psychology of trading deserves special attention. Fear can cause traders to exit too early, while greed can encourage them to hold a position beyond their original plan. The pressure of competition may intensify these emotions, making discipline even more important. A carefully planned approach helps traders avoid turning every market movement into an emotional decision.
Before participating in Gate WCTC Season 9, traders should review the official competition rules, eligibility requirements, registration process, competition period, ranking methodology, and any applicable reward conditions. Participants should also verify whether particular trading pairs or account types qualify. The official Gate announcement should be treated as the primary source for confirmed details.
It is equally important to remember that trading volume and profitability are not the same thing. Generating more volume does not automatically mean a trader is making better decisions. Excessive trading can increase fees and expose an account to unnecessary risk. A thoughtful strategy should focus on sustainable decision making instead of taking trades simply to remain active.
The real value of a trading competition lies in the combination of opportunity and experience. Participants can challenge themselves, review their performance, refine their strategies, and develop habits that remain useful beyond the competition itself. Every market cycle offers lessons, but those lessons become valuable only when traders take the time to understand them.
Gate WCTC Season 9 Global Trading Competition places the competitive side of cryptocurrency trading in focus. It reminds the community that trading involves preparation, adaptability, patience, and responsibility. Whether someone is an experienced market participant or a developing trader, a disciplined mindset remains one of the strongest foundations for navigating digital asset markets.
The goal should not simply be to trade more than everyone else. It should be to make better decisions, understand the risks, and improve through experience. In a market that never stands still, knowledge and discipline can help traders approach every opportunity with greater confidence and clarity.
Always verify the latest competition details through Gate's official channels before participating. Rewards, rankings, eligibility, and trading requirements depend on the published rules and applicable conditions.
#GateWCTCS9GlobalTradingCompetition
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BTC+0.19%
ETH+0.54%
#GateEventMarketVolumeHits73M 🚀🔥 $73 MILLION IN MARKET VOLUME — GATEEVENT IS MAKING WAVES! 🔥🚀
📈 #GateEventMarketVolumeHits73M
A remarkable milestone for the GateEvent community! 🌍💎 Reaching $73M in market volume highlights the excitement surrounding crypto trading and the power of an engaged trading community.
💥 Why This Milestone Matters: 🔹 📊 Strong trading activity and market participation
🔹 🌐 A growing global crypto community
🔹 ⚡ More opportunities to explore
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It may be the only car in the world that makes the poor look rich
Analyst Gu Jingci: October 10 Bitcoin/Ethereum Evening Trading Strategy and Market Analysis
Bitcoin/Ethereum: Previously, I repeatedly reminded traders to enter short positions, and after the price bottomed around 80500 and 2400, I reminded them to enter long positions, followed by range-bound volatility. Yesterday, I again advised entering short positions around 2520 and 83000 to 83500. After rising sharply, the market fell back to around 82200 and 2470. Overall, the room for the short positions was limited, but there were still gains to be made. Currently, considering the weekend range-bound
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ETH+0.54%
BTC+0.19%
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Buying a cold wallet, the biggest fear is ending up with a sense of security but not actual security.
Ledger incident losses near $90 million The victims identified so far are users who purchased devices from Southeast Asian distributor CryptoBilis. Early on-chain estimates put the losses at nearly $90 million, while a subsequent Bitquery investigation estimated approximately $92.9 million, involving 311 wallet addresses. This figure is still a third-party estimate, not an official final confirmation.
Ledger has asked the distributor to suspend sales and shipments, and reminded users who purch
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USDT0.00%
GLDX-0.09%
PAXG+0.05%
XAU+0.12%
  • 1
$US goes down just as it went up, feels great
US-32.42%
#SimpleEarnUSDTLimitedTime11%APR Earn USDT Limited Time 11% APR. A New Opportunity for Crypto Users to Put Their USDT to Work.
In the cryptocurrency market, opportunities are not always about buying low and selling high. Sometimes, a smarter approach is to explore ways to earn from assets you already hold. Gate Simple Earn offers users a convenient way to explore potential returns on their USDT holdings, and a limited time offer featuring up to 11% APR can attract attention from both new and experienced crypto participants.
USDT is one of the most widely used stablecoins in the digital asset
  • 1
My Pi goal before open mainnet: Migrate 80% of my Pi. What's yours? Write it down, public accountability #PiNetwork
#Gateio
#ShareWeekly
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PI+1.49%
$ATOM Shifts Short-Term: Why Has the 4-Hour Chart Still Not Capitulated?
$ATOM 24-hour -0.92%, current price 1.937. On the surface, this is just a price move, but the real conflict is hidden in the timeframes: the 1-hour chart is weak, while the 4-hour chart is strong. When two charts give opposite answers, the least useful thing to do is pick the one you like and believe it completely.
The opposing side also has clear invalidation levels. Breaking below the 1-hour support at 1.916 would show that short-term buying support has failed its test; if the 4-hour support at 1.647 is subsequently bro
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ATOM-0.66%
Hardware wallets took two big hits this year.
Coldcard lost over $130 million from a five year old seed bug.
Ledger users just lost up to $93 million after buying from one Southeast Asia reseller.
There will always be risk in crypto even when you self custody BTC and crypto on hard wallets.
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BTC+0.19%
Gate Appears at TOKEN2049: As Industry Competition Enters the Second Half, Name Recognition Alone Is Not Enough!
If the crypto market is compared to a marathon, TOKEN2049 is an important aid station where participants exchange strategies and showcase their strength. Gate’s appearance at this major industry event sends a signal: competition among crypto platforms is no longer limited to a few buttons on trading pages, but is gradually extending across products, ecosystems, brands, and global user services.
In the past, many people choosing a trading platform may have looked only at which platfo
NVDA-0.52%
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$FET , I really like it for a big swing.
The BTC pair is set up beautifully. It deviated below the daily range, reclaimed it, and has now flipped the daily MA trend bullish. Alts outperforming their BTC pair after months of bleeding against it is where the big swings usually come from.
The $USDT pair on the 4h is also looking nice. Price swept below the RLs and is now testing the 4h trend from above.
I have bought back my spot bag here and will look to add more on dips.
I think FET has big potential among the AI coins.
#FETUSDT
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FET+4.77%
BTC+0.19%
  • 1
Trump pushed the issue of rising long-term Treasury yields onto Biden, and he may not simply be making excuses
During the pandemic, the U.S. government sent money directly to American citizens several times, with the funds apparently coming primarily from revenue generated by issuing additional U.S. Treasuries.
┈➤Short-term U.S. Treasuries
T-Bill on the chart refers to short-term U.S. Treasuries with maturities of up to and including 1 year. A large number were issued from around April to December 2020, after which issuance returned to normal levels. This was during the Federal Reserve’s
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DOGE+1.82%
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