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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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Launchpool 👉 https://www.gate.com/announcements/article/47886
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November 1st ETH market analysis:
The key node for the second round is approaching! If it cannot stabilize at 3880, ETH may face a pullback.
Currently, ETH is in a sensitive stage. On the hourly chart, the price has continuously formed small bullish candles, gradually climbing to around 3845. However, the level of 3880 acts like a "psychological barrier"—if it cannot effectively break through and hold, the market is likely to choose to test the support level at 3680 downwards.
From the daily perspective, ETH is still in an overall downtrend, and the trading volume continues to shrink, presenting a typical "calm before the storm" situation. This kind of shrinking fluctuation often indicates that a major market movement is about to come, but the direction is still unclear.
Tip:
The 3880 area is lightly bearish, with a target of 3680.