🚀 Gate Square “Gate Fun Token Challenge” is Live!
Create tokens, engage, and earn — including trading fee rebates, graduation bonuses, and a $1,000 prize pool!
Join Now 👉 https://www.gate.com/campaigns/3145
💡 How to Participate:
1️⃣ Create Tokens: One-click token launch in [Square - Post]. Promote, grow your community, and earn rewards.
2️⃣ Engage: Post, like, comment, and share in token community to earn!
📦 Rewards Overview:
Creator Graduation Bonus: 50 GT
Trading Fee Rebate: The more trades, the more you earn
Token Creator Pool: Up to $50 USDT per user + $5 USDT for the first 50 launche
November 7th, Early Morning
Recommendations:
Bitcoin (BTC): Range between 102,800 and 103,800; target 101,000 to 100,000
Ethereum (ETH): Range between 3,320 and 3,380; target 3,250 to 3,150
Currently, the MACD indicator on the daily chart shows a clear bearish alignment. The DIF (fast line) has crossed below the DEA (slow line), forming a death cross and continuing downward. The green momentum bars are lengthening, indicating increasing bearish momentum, while the price momentum is gradually rising.
On the volume side, during the recent decline, trading volume significantly increased. The volume trend of decreasing volume further consolidates the dominant bearish pattern, indicating a short-term weak market sentiment.