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- 💥 Gate Square Event: #PostToWinPIGGY 💥
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📅 Event Period: Oct 30, 2025, 10:00 – Nov 6, 2025, 16:00 (UTC)
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Click to apply now 👉 - 📈 Market Insights Weekly: Weekly Forecast Challenge
This Week’s Theme: #WillBTCHit120K
📅 Event Period: Oct 28 – Nov 2, 24:00 (UTC+8)
💡 What to Do:
Share your market view on this week’s theme: #WillBTCHit120K ?
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October 29 BTC follow-up thoughts
After a significant rise to around 115500 in the early morning market, the shorts have decreased to around 112100, and it is currently fluctuating around 112400.
From the current daily K structure, after a significant rise by the bulls, a bearish candle has formed. Key resistance is observed around 116500, while support is noted near 111000. On the four-hour level, the increase in bearish momentum has pushed the price below critical levels, with support seen around 111500 and resistance around 113800. On the hourly level, a contraction in bearish volume is evident, with short-term resistance focusing around 114000.
BTC trading suggestion: Pullback near 111800-111000, target 113500-115000, if it breaks through, continue to look at #比特币行情分析 .