🚀 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
The wind vane has begun to shift, and the market is concerned that the US government shutdown will be resolved this week, with gold rising northward, testing around 4150. Due to various factors, gold should strengthen; currently, risk aversion sentiment is cooling down, yet gold is rising. There are factors such as government funding and liquidity exhaustion. The instability within the US has led to a strong call for the president to step down, with Trump pacing in his office. It is believed that the risk aversion sentiment has not cooled down; in fact, the root of everything is that the government is out of money, and the interests maintained by the public and the Republican Party are merely bargaining chips for the president. The CFTC's favourable information has driven the encryption zone to strengthen, with BTC approaching 107000 and ETH testing 3650. The long order for gold has risen nearly 100 points. The southward release effect of BTC's main structure shows that the northward structure of 98500 has not yet been fully reached. The current structure center is between 99500-104150. The demand to pursue 110000 and exceed 120000 still exists. The target position for the second brother is being tested, and a pullback is underway. The key point in the current structure is around 3490, which is at the upper band of the center. The northward trend has not been disrupted; pay attention to the market reaction after the shutdown ends. Whether it can break out to chase 3900 and rush to 4300 remains to be seen. The pattern can exist, but the actual market situation is the priority.
Data: 1. 19:00 US October NFIB Small Business Confidence Index