Tap to Trade in Gate Square, Win up to 50 GT & Merch!
Click the trading widget in Gate Square content, complete a transaction, and take home 50 GT, Position Experience Vouchers, or exclusive Spring Festival merchandise.
Click the registration link to join
https://www.gate.com/questionnaire/7401
Enter Gate Square daily and click any trading pair or trading card within the content to complete a transaction. The top 10 users by trading volume will win GT, Gate merchandise boxes, position experience vouchers, and more.
The top prize: 50 GT.
![Spring Festival merchandise](https://exampl
Bitcoin ETH latest market trend analysis: As of 10/11, the current market pattern shows a clear downtrend, and technical signals consistently point to a downward trajectory. The moving average system has formed a bearish arrangement, with a recent death cross reinforcing the continuity of the trend. At the same time, the bearish engulfing pattern in the K-line further confirms the reversal pressure in the market, indicating that bearish forces dominate. However, the significant increase in Trading Volume contrasts with the downward price trend, suggesting that some funds may be attempting to play around the current support level. Given that the market is currently in a downtrend confirmed by the moving average system, and if the price breaks below the key support level of 108600, it will further open up downward space. Therefore, adopting an aggressive strategy of shorting on a break is a high-probability choice that aligns with the trend. Operating suggestion:
BTC: Enter around 111800-112500, short-term target near 109000,
ETH: Enter around 3790-3820, short-term target near 3680 #美联储降息预期升温 #十月加密市场预测 #行情震荡下的投资策略