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10.20 Jinying Gold Midday Review: Bearish trend continues; keep selling rallies!
Spot gold continued its weak downward trend intraday, fluctuating lower after the open. It hit a morning high of $4,147.06 per ounce before bears stepped in and pushed it down to a low of $4,115.60 per ounce. At midday, it was quoted at $4,130.99 per ounce, down 0.23% intraday, with a clear overall bearish trend.
On the 4-hour chart, gold has continued to retreat from its recent peak, posting consecutive bearish candles. Short-term moving averages are bearishly aligned and pointing down, while the MACD death cross
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BTC-1.56%
ETH-1.80%
Reviewing yesterday’s strategy, everything played out exactly as planned, and BTC and ETH delivered perfectly.
Yesterday, many people saw the V-shaped rebound and thought the worst was over. But when Brother Tong reads the charts, he focuses on market structure.
On the higher time frame, the trend was firmly bearish. A low-volume recovery is definitely not a reversal.
Look at the results:
$BTC Shorted BTC at 83,000–84,000; it peaked at 83,157 and met perfect resistance, then plunged all the way down, delivering the full 2,000-point move!
$ETH Shorted ETH at 2,425–2,440; it peaked right at 2,44
BTC-1.66%
ETH-1.90%
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BTC is choppy and weak; the rebound is merely corrective. Favor shorting rebounds and don’t chase declines.
4H: A rally to 83158 met resistance and closed with a long upper wick. It failed to reach the upper Bollinger Band, and highs are moving lower. Indicators are gradually weakening; the 24-hour consolidation is a bearish continuation pattern.
1H: The rebound lacks staying power. Wait for a rally-stalling signal before entering.
Short BTC if it meets resistance around 81800-82300 on a rebound, targeting 81000-80000. If the 80,000 level breaks, look lower; otherwise, take a small long positi
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BTC-1.66%
Bitcoin is currently trading near the resistance area and has yet to make a clear move. The key level to watch is $83,000, so let's see how things develop from there.
$BTC ‌#GateSquareNewCreatorProgram #ShareWeekly
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BTC-1.56%
📺 From the 60 million user milestone, a look at the latest developments in Gate’s multi-asset ecosystem!
🎁 Tonight at 20:00 (UTC+8), live giveaways: 100 USDT position trial vouchers ×3 | silk scarf gift boxes ×3 | nonstop red packet rain
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• A breakdown of the September transparency report and a look at new breakthroughs in user growth and core business
• From crypto to stocks, ETFs, and U.S. stock options, what new trading choices does the multi-asset ecosystem offer?
• How does the gold-farming bot simplify on-chain trading? How can Gate.AI assist with investment res
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💰 Don’t just look at one day: Gate ranks second globally in net inflows over the past 30 days
Markets change every day, but when you look at a 30-day period, fund flows are more noteworthy.
According to Odaily, citing DefiLlama data, Gate saw net inflows of over $199 million in the past 30 days, ranking second among centralized exchanges globally. 🏆
From short-term inflows to ranking among the top exchanges for monthly net inflows, Gate’s active performance in global trading markets continues to draw attention.
Fund flows are one set of data; the trading demand and market choices behind them
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GateSquare
💰 Don’t just look at one day: Gate ranks second globally in net inflows over the past 30 days
Markets change every day, but when you look at a 30-day period, fund flows are more noteworthy.
According to Odaily, citing DefiLlama data, Gate saw net inflows of over $199 million in the past 30 days, ranking second among centralized exchanges globally. 🏆
From short-term inflows to ranking among the top exchanges for monthly net inflows, Gate’s active performance in global trading markets continues to draw attention.
Fund flows are one set of data; the trading demand and market choices behind them are even more worth discussing.
💬 What do you think is key to driving sustained inflows to an exchange? Liquidity, trading opportunities, or an ever-expanding product ecosystem?
Bring #Gate30日净流入全球第二 to Gate Square to share your market observations, fund allocation ideas, and trading experience.
📖 Odaily reports:
https://www.odaily.news/zh-CN/newsflash/525820
repost-content-media
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10.20 Midday Ether Analysis$ETH ‌
Ether rebounded after falling to 2313! The bears have run out of steam; clearly bullish.
Ether came crashing down from above 2800, reaching a low near 2313, and has now returned to around 2400. After consecutive declines, clear signs of a bottom forming have emerged. Buyers continue to step in, bearish momentum has clearly faded, and there is not enough strength to push prices lower. I believe this is the starting point for a short-term bullish recovery, and my bullish outlook remains unchanged.
Technically, a clear bottom-and-rebound pattern has formed near
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ETH-1.90%
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SOL-1.41%
U.S. home sales data comes out at 10 today. That was the fuse that set off 2008. If the data disappoints again, the S&P will be the first to feel it. Don’t rush to buy the dip—we’ve seen this playbook plenty of times: a wick sweeps the stops, then the rebound comes. So what’s the takeaway? I haven’t figured it out yet either.
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SPX+0.22%
[New Streamer] Market Prediction
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LIVE1,586
🌅⚡ GATE.IO ⚡ HOT TRADER LIVE | BTC BREAKOUT ALERT! ₿🔥 | WHO MOVES FIRST? 🐂🐻
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Every pullback sets us up to jump higher💹💹
Today’s price action is pushing toward a new high (0.00998)💰
From building momentum early on,
to advancing step by step now,
the candlestick chart has traced the most beautiful curve of consensus.
Holding on alone takes conviction;
when we hold together, we have strength.
The real show is just getting started💎🙌
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Crazy! Can you still chase $UNITREE after its 30% surge? Shorts are about to get liquidated!
Ride the trend to profit; chase the highs and get burned!
Unitree's A-share rally is lifting the token price, sending it straight past $82! The October 22 conference is bullish, but watch out for the hidden risk of declining profits.
The money flow is a short-term sprint with long-term staying power. Negative funding rates are sky-high, making it painfully costly for shorts to hold positions. They could get squeezed and liquidated at any moment!
Trading plan:
Go long after a pullback, once it stabiliz
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UNITREE+5.65%
AGT-22.86%
ETH-1.80%
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Gate ranks second globally in monthly net inflows! Exchange competition has long been about more than just trading fees, hasn't it?
If competition between exchanges came down to fees alone, the race would probably be simple: whoever charges a little less wins.
But reality is clearly more complicated. Crypto users' needs are increasingly complex: some trade spot, some study derivatives, some look for new assets, and others open a market app every day, spend ages studying the charts, and then decide to keep waiting.
Relevant data shows that Gate recorded net inflows of more than $199 million ove
TSLA+3.80%
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Keep it up, you're back
Take it slow, manage your position, and don't get carried away
$XAUUSD
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XAUUSD-0.49%
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