Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
On October 18, BTC began to stop falling and rebound due to favourable information from Trump. The Bank of England plans to introduce stablecoin regulations by the end of 2026, aligning with the regulatory path of the United States.
BTC analysis $BTC
The daily line of BTC fell from a high of around 109200 yesterday to a low of around 103470, closing below the support level of around 106400.
If it falls below around 104700, it can be expected to retest around 102750, where short positions can be taken nearby. The upper resistance is located around 108250; if it breaks through, it can be expected to reach around 110000, where short positions can be taken nearby. MACD shows an increase in bearish momentum. The support level in the four-hour chart is around 105600; if it falls below, it can be expected to reach around 104500, where long positions can be taken nearby. The upper resistance is at the MA14; if it breaks through, it can be expected to reach around 109150, where short positions can be taken nearby. MACD shows a decrease in bearish momentum and signs of forming a golden cross. ETH analysis $ETH
: Yesterday, the ETH daily line fell from a high of around 3950 to a low of around 3670, closing around 3830. The support level below is around 3760; if it falls below, it can be expected to reach around 3625, where long positions can be taken nearby. The upper resistance is at around 3945; if it breaks through, it can be expected to reach near the MA7 moving average, where short positions can be taken nearby. MACD shows an increase in bearish momentum. The support level in the four-hour chart is around 3775; if it falls below, it can be expected to reach around 3695, where long positions can be taken nearby. The upper resistance is at around 3910; if it breaks through, it can be expected to reach near the MA30, where short positions can be taken nearby. MACD shows a decrease in bearish momentum and signs of forming a golden cross.
Disclaimer: The above content is personal opinion and for reference only! It does not constitute specific operational advice and does not assume legal responsibility. Market conditions change rapidly, and the article has a certain lag. If there is anything you do not understand, feel free to consult.