💥 Gate Square Event: #PostToWinTRUST 💥
Post original content on Gate Square related to TRUST or the CandyDrop campaign for a chance to share 13,333 TRUST in rewards!
📅 Event Period: Nov 6, 2025 – Nov 16, 2025, 16:00 (UTC)
📌 Related Campaign:
CandyDrop 👉 https://www.gate.com/announcements/article/47990
📌 How to Participate:
1️⃣ Post original content related to TRUST or the CandyDrop event.
2️⃣ Content must be at least 80 words.
3️⃣ Add the hashtag #PostToWinTRUST
4️⃣ Include a screenshot showing your CandyDrop participation.
🏆 Rewards (Total: 13,333 TRUST)
🥇 1st Prize (1 winner): 3,833
Track real-time hotspots in the crypto world and seize the best trading opportunities. Today is Thursday, November 6, 2025, I am Wang Yibo! Good morning, crypto friends ☀ hardcore fan daily attendance 👍 Like and make big money 🍗🍗🌹🌹,
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U.S. stock markets closed higher across the board, with the Strategy reaching a new all-time closing high. The Nasdaq rose 0.65%, the Dow increased by 0.48%, and the S&P 500 index gained 0.37%. Google surged over 2%, setting a new all-time closing high. According to CME's "FedWatch": the probability of the Federal Reserve cutting interest rates by 25 basis points in December is 62.5%, while the probability of maintaining rates is 37.5%. The cumulative probability of a 25 basis point cut by the Federal Reserve by January next year is 54.8%, while the probability of keeping rates steady is 25.9%, and the probability of a cumulative 50 basis point cut is 19.4%. The crypto market rebounded across the board, with shorts experiencing significant liquidations again. Various signs indicate that this harvesting farce led by the U.S. government is about to end. In short, the bull market will continue. It is regrettable that many people may have fallen before dawn during this significant correction. Even the so-called 100% winning whales are not immune, let alone retail investors. Therefore, this harvesting is not simply attributed to whales or institutions; pay attention to Yibo and seize real-time dynamics.
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During the process of falling back from the previous high point, Bitcoin touched a local low of $98,888 in yesterday's morning session, which became an important short-term support level. The market then tested this low point twice without breaking it, showing strong buying power, and subsequently entered a fluctuating upward channel. In the afternoon, the market once climbed to around $102,350, but faced slight pullback due to previous trapped positions, and after dropping to a low of $101,255 in the evening session, it surged again. As market sentiment transmitted after the opening of the US stock market, Bitcoin rose in tandem with US stocks, reaching a high of $104,498. Although it faced slight pressure due to short-term profit-taking, the overall upward trend was not broken. In today's morning session, the market quickly rebounded after a low drop to around $103,250, and the rebound trend is still continuing. The core focus for the future market is the previous resistance level at $105,500. If the market can effectively break through this level, it will open up further upward space, potentially continuing to extend upwards and recover previous high losses; if it continues to face pressure and falls back at this level, caution should be taken regarding the possibility of the short-term rebound ending and returning to the fluctuating consolidation range. From the current trend, with support from the US stock market sentiment and market buying power, the probability of Bitcoin continuing to rise is relatively high.
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Ethereum rebounded after hitting a stage low of $3054 early yesterday morning, soaring to around $3300. However, influenced by market sentiment fluctuations in the early session, the price faced renewed pressure testing the support level of $3160, forming a震荡上行走势 above the support level during the daytime. In the evening session, Ethereum initiated a unilateral rebound mode starting from a low of $3270, with a peak increase to $3479, currently running in the range of around $3420. From a technical perspective, the current market relies on $3550 to form a short-term pivot, with the upper range of $3550-$3620 constituting significant resistance. If it can break through this resistance range, it will lay the foundation for the subsequent assault on the $4000 round number, achieving the goal of reclaiming the territory above $4000.