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$BTC A “guillotine” crash in just 4 hours! Bulls’ defenses have collapsed—how far is the abyss below?

📊 Market Structure Breakdown
• Breakdown confirmed: After moving sideways, price broke lower on surging volume. Short-term moving averages have turned down, forming a bearish alignment, with heavy selling pressure.
• Weak buying support: Buyers offered very little resistance during the decline, and major players are clearly fleeing. A short-term V-shaped reversal looks unlikely.

🎯 Key Levels to Watch
🔴 Strong resistance: $71,500 – $72,500 (the former range’s lower boundary; any rebound is
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$BTC Dropped below 70,000, but the buy walls below have been pulled! The price in the chart has already plunged to around $69,350. Much of the dense green order book that was there before has now disappeared! Expectations for support around 67,000–68,800 have weakened. Whether the price can stabilize now depends on the bids that remain! Our 15-minute perpetual futures order book heatmap shows BTC quickly dropping from around $71,000, with a wick low of about $68,900. Several bid bands in the red box disappeared before the price reached them, consistent with the caption's note about large-scale
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Trenches
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🚨 JUST IN:
BITCOIN FALLS BELOW $69,000.
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BTC-0.67%
🌈 Gate Live Streaming Inspiration - Nov.13

Today's Topic Recommendations:
🔹BTC Falls Below $71,000 to Its Lowest Level Since September! With the $70,000 Mark Under Threat, How Much Further Could Bitcoin Fall?
🔹A Break Below $70,000 Could Trigger $622 Million in Long Liquidations! Can the Bulls Defend Their Last Line of Support?
🔹Is BTC Losing Its Status as a Safe-Haven Asset? Grayscale Finds That Crypto Sectors Are Increasingly Moving Independently of Bitcoin. Is the Altcoin Market Heading for a Major Shift?
🔹South Korean Chip Stocks Rebound Against the Trend! KOSPI Gains Over 2%, While
GateLive
🌈 Gate Live Streaming Inspiration - Nov.13
Today's Topic Recommendations:
🔹BTC Falls Below $71,000 to Its Lowest Level Since September! With the $70,000 Mark Under Threat, How Much Further Could Bitcoin Fall?
🔹A Break Below $70,000 Could Trigger $622 Million in Long Liquidations! Can the Bulls Defend Their Last Line of Support?
🔹Is BTC Losing Its Status as a Safe-Haven Asset? Grayscale Finds That Crypto Sectors Are Increasingly Moving Independently of Bitcoin. Is the Altcoin Market Heading for a Major Shift?
🔹South Korean Chip Stocks Rebound Against the Trend! KOSPI Gains Over 2%, While SK Hynix and Samsung Rise More Than 3%. Is AI Capital Starting to Flow Back In?
🔹Nvidia's Valuation Falls to a 14-Year Low as Shares Retreat Over 30% From Their Record High! Is This a Golden Buying Opportunity or a Value Trap?
🔹Buy the Dip or Sell the Rally on Nvidia? Tom Lee Calls for Buying the Dip, While Michael Burry Warns Investors to Get Out. Who Has the Better Call?
🔹The Fed Signals a Long Fight Against Inflation! How Long Will It Take to Bring Inflation Back to 2%, and When Can BTC and U.S. Stocks Catch a Breather?
🔹Fed Makes Major Changes to Its 2027 Meeting Schedule! October's Meeting Will Shift to Monetary Policy Discussions. How Could This Change the Fed's Policy Timeline?
Pick any topic and go live for a chance to be featured on the homepage!
🔥 More livestream topic ideas and tips: https://www.gate.com/help/community-center/live_chat/49345
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BTC-0.65%
SK Hynix-2.79%
NVDA-4.49%
$INIT Down 18 points in 24 hours, plunging straight from 0.1474 to 0.1070. At 0.1164 now, intraday bears have already unloaded their positions. The 216M in trading volume suggests most panic selling is over, but don’t rush to catch a falling knife with a coin crashing like this—wait for the structure to form.
My plan: No chasing shorts or buying the dip at the current price. I’ll place staggered, small long entries in the 0.1100–0.1120 range, using only 20% of my position, with a stop below 0.1065. If it breaks below the previous low, I’ll admit I’m wrong and exit—no holding on. The first take
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The market continues to fall on heavy volume, and bulls remain very weak. U.S. stock futures are down 0.6% intraday, and crypto is plunging again.
Technically, the four-hour MACD shows slight bullish divergence, while the daily chart is nearing oversold territory. It will still take time to form a bottom#Gate直通IPO第三期Anthropic
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BTC falls below $71k, hitting its lowest level since September! The $70k level is under threat—where
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#eth This drop isn’t like previous high-volume declines; it’s happening on low volume. What usually happens in this situation? Does it keep breaking lower, or does a new support level form
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ETH-1.26%
In that 03:40 post, I said $ETH perpetuals looked bearish, with a take-profit target of 1982—the 11 o’clock candle broke straight through, and the low so far is 1927, $55 below the target. That call was right. $ETH is now at 1936, down 5.7% in 24 hours, with $6.36 billion in perpetuals trading volume, second in the market. At the same time, $BTC also fell below 70000, hitting a low of 68572. The whole market is moving down; it’s not just ETH. Once 1982 broke, there wasn’t much meaningful support below. My view: $ETH perpetuals still look bearish, current price 1936. Take profit at 1900, a
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Losses aren't scary; what's scary is finding an excuse every time you lose money!

The investment market has a magical ability: when you're making a profit, you think you have a keen eye; when you're losing money, you blame the news for being too sudden, the market for being too abnormal, and the market makers for being too cunning.
In short, it's never your fault!
But after this week's market roller coaster, I think the most important thing to do over the weekend is to honestly face your trading records.
Have you changed your strategy on the spur of the moment because of a news story? Relaxed
MU-1.61%
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Airline tickets can actually be fully refunded now. I just got a full refund of 530 for a ticket from Shanghai to Changsha on the 27th. I checked, you just need to cancel more than 14 days in advance.
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The Jensen Huang era comes to an end. Where is NVIDIA headed next?

An era often ends not because an industry suddenly disappears, but because it begins to enter a new phase.
Jensen Huang led NVIDIA for 33 years. From gaming graphics cards to data centers, from GPUs to AI infrastructure, he turned a chip company into a major force in the global technology industry.
Now, with him stepping down as CEO and leaving the board, NVIDIA must prove that it has grown from a founder-driven company into a truly mature global technology platform.
This is both a challenge and an opportunity for the company.
NVDA-4.49%
Live market update
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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
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I learned a new term: the green economy.
Jia Nailiang + a fake wife livestreaming to sell products—that’s truly unprecedented.
I’m really not jealous of the money they’re making. Seriously.
🇺🇸 US PPI DATA TONIGHT: RISING INFLATION COULD PUT BITCOIN UNDER PRESSURE
The US will release its October Producer Price Index (PPI) data at 7 PM IST TODAY on November 13.
Market expectations:
PPI YoY: Forecast 6.6% | Previous 6.3%
Core PPI YoY: Forecast 5.0% | Previous 5.0%
A higher-than-expected reading could signal persistent inflation, potentially increasing pressure on the Federal Reserve to maintain tighter monetary policy.
This could weigh on risk assets, including Bitcoin and the broader crypto market.
On the other hand, softer-than-expected data could improve market sentiment and su
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The market-structure bill that the U.S. crypto industry has waited two years for has just been put on pause by the midterm elections!

After seeing reports that the CLARITY Act had stumbled in the Senate and that Democrats had won control of both chambers of Congress, many people’s first reaction was: “That’s it—U.S. crypto regulation is going backward again.”

But viewed over a longer timeline, things are far less bleak than they appear. You could even say that what the industry has really lost is not rules, but the “permanence” of those rules.

Let’s quickly get the facts straight.

Back in
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From the $BTC contract liquidation map alone, it has now fallen to a short-term extreme, with no liquidation zones left below. Would you dare to buy the dip now???
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BTC-0.65%
#BTC跌4% #Gate直通IPO第三期Anthropic Bitcoin Breaks Below $70K: BTC at $68,663, the $67K Support Test and the Search for a Real Bottom

Bitcoin's correction has entered a more important technical phase. The $70,000 psychological level has given way, and the latest price reference of $68,663 puts BTC close to a major weekly support zone. This is no longer simply a question of whether buyers can defend a round number. The market needs to prove that demand is strong enough to absorb selling, ETF withdrawals and forced derivatives liquidations.

From the $80,000 area mentioned in the earlier market upda
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BTC Market Analysis
Looking at BTC’s 1-hour order book, the overall structure is bearish, and the price has fallen to around $68,700. Spot CVD and futures CVD are both accelerating downward, dropping to -11.7K and -28.8K, respectively, indicating active selling pressure in both spot and futures markets. The good news is that the Funding Rate has fallen significantly compared with yesterday and the day before, but OI (open interest) continues to rise, indicating that new contract positions are outpacing closing positions as the price falls. With Futures CVD continuing to decline and the Funding
BTC-0.65%
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