Yesterday Bitcoin experienced two waves of declines, from a maximum of about $71,500 to a minimum of $66,000, since March 20, the two moving averages of MA50 and MA200 have become very close, and yesterday did not touch the MA200 moving average, which is at $67,400. The short-term speculative leverage in the Bitcoin futures market has basically been cleaned up, especially in response to the two short-term declines of Bitcoin bulls, which have suffered large losses and made those who were previously actively building long positions cautious.

💥 Gate Square Event: #PostToWinPIGGY 💥
Post original content on Gate Square related to PIGGY or Launchpool for a chance to share 200 PIGGY rewards!
📅 Event Period: Oct 30, 2025, 10:00 – Nov 6, 2025, 16:00 (UTC)
📌 Related Campaign:
Launchpool 👉 https://www.gate.com/announcements/article/47886
📌 How to Participate:
1️⃣ Post original content related to PIGGY or the Launchpool campaign.
2️⃣ Content must be at least 80 words.
3️⃣ Add the hashtag #PostToWinPIGGY
4️⃣ Include a screenshot showing your participation in the Launchpool.
🏆 Rewards (Total: 200 PIGGY)
🥇 1st Prize (1 winners): 40 PI

🚀 Gate Square Creator Certification Incentive Program Is Live!
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📈 Market Insights Weekly: Weekly Forecast Challenge
This Week’s Theme: #WillBTCHit120K
📅 Event Period: Oct 28 – Nov 2, 24:00 (UTC+8)
💡 What to Do:
Share your market view on this week’s theme: #WillBTCHit120K ?
👉 Explain your reasoning—whether through technical analysis, macro trends, on-chain data, or market sentiment. Show your unique insight!
🏆 Rewards (Total $1000 in Position Vouchers)
🥇 Top Insight (3 winners): $150 position voucher
🥈 Excellent Analysis (6 winners): $50 position voucher
🥉 Active Analyst (10 winners): $25 position voucher
✍️ How to Participate:
1️⃣ Follow @Gate_Squ

🚀 #GateNewbieVillageEpisode4 ✖️ @比特一哥
📈 Follow the trend, pick your points, wait for the signal
💬 Share your trading journey ｜ Discuss strategies ｜ Grow with the Gate Family
⏰ Event Date: Oct 25 04:00 – Nov 2 16:00 UTC
How to Join:
1️⃣ Follow Gate_Square + @比特一哥
2️⃣ Post on Gate Square with the hashtag #GateNewbieVillageEpisode4
3️⃣ Share your trading growth, insights, or experience
— The more genuine and insightful your post, the higher your chance to win!
🎁 Rewards
3 lucky participants → Gate X RedBull Cap + $20 Position Voucher
If delivery is unavailable, replaced with a $30 Position V

💥 Gate Square Event: #PostToWinCGN 💥
Post original content on Gate Square related to CGN, Launchpool, or CandyDrop, and get a chance to share 1,333 CGN rewards!
📅 Event Period: Oct 24, 2025, 10:00 – Nov 4, 2025, 16:00 UTC
📌 Related Campaigns:
Launchpool 👉 https://www.gate.com/announcements/article/47771
CandyDrop 👉 https://www.gate.com/announcements/article/47763
📌 How to Participate:
1️⃣ Post original content related to CGN or one of the above campaigns (Launchpool / CandyDrop).
2️⃣ Content must be at least 80 words.
3️⃣ Add the hashtag #PostToWinCGN
4️⃣ Include a screenshot s