Last night, Bitcoin first rose to around 111,200, then began a continuous downward trend, reaching a low of around 109,300 before rebounding. It is currently fluctuating around 109,700 again.
From the daily chart perspective, the previous wave retracement structure has been confirmed to be broken, with the key drop point effectively breached, marking the official end of the original downward channel. After breaking through the resistance of the middle band of the Bollinger Bands, the price is showing a strong upward trend in the form of a large bullish candle. Currently, there is still some upward space between the price and the upper band resistance area of the Bollinger Bands, and the bullish momentum is in a stage of accumulation and explosive growth.
Buy near 109000–109500, target 111500–112000
Buy near 3780–3830 for Ethereum, with a target of 3950–4100.
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JustCanBuyRight
· 2025-11-03 06:17
fart
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HandsomeGuyOhYeah
· 2025-11-03 02:41
The on-chain burn of GateToken (GT) for Q3 2025 has been officially completed. A total of 2,100,414.287861 GT have been transferred to the burn Address, with a destruction value exceeding 35.32 million USD. To give back to the support of our users, we are launching a special event, inviting friends to trade GT, and the inviter can win GT rewards.
Latest Ideas 11.3
Last night, Bitcoin first rose to around 111,200, then began a continuous downward trend, reaching a low of around 109,300 before rebounding. It is currently fluctuating around 109,700 again.
From the daily chart perspective, the previous wave retracement structure has been confirmed to be broken, with the key drop point effectively breached, marking the official end of the original downward channel. After breaking through the resistance of the middle band of the Bollinger Bands, the price is showing a strong upward trend in the form of a large bullish candle. Currently, there is still some upward space between the price and the upper band resistance area of the Bollinger Bands, and the bullish momentum is in a stage of accumulation and explosive growth.
Buy near 109000–109500, target 111500–112000
Buy near 3780–3830 for Ethereum, with a target of 3950–4100.
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