#CoinDeskNovGateReportComing

Bitcoin market overview, valued at 10 million USD!
First rising, then falling—bulls turn into bears! In the next two days, Bitcoin will approach the super resistance level around 108,500, then begin a continuous decline.
On June 22, 2025, Bitcoin formed a bullish flag pattern and dropped to 98,200 before entering a bullish phase. It then oscillated and consolidated around 107,800 to 108,800. (Remember this range)
Subsequently, during the secondary movements, it tested the strong support at 107,800 to 108,800 several times before launching the final surge. The key dates were August 30, 2025, and September 26, 2025.
After hitting a new all-time high on October 6, 2025, Bitcoin entered a bear market, followed by a sharp decline. There were also several rebounds during this period, which are considered secondary movements within the bear market. The recent rebound is one such movement.
Trading suggestion: Establish a position around 105,000 to 105,500 for Bitcoin.
Once it reaches near 108,500 recently, decisively enter a long position! #CoinDesk11月报告Gate战绩来袭 #广场发币瓜分千U奖池