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Futures
Futures
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Hundreds of contracts settled in USDT or BTC
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Alpha Points
New
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Simple Earn
Earn interests with idle tokens
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Auto-invest on a regular basis
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Buy low and sell high to take profits from price fluctuations
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Crypto Loan
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Pledge one crypto to borrow another
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One-Stop Lending Hub
VIP Wealth Hub
Customized wealth management empowers your assets growth
Private Wealth Management
Customized asset management to grow your digital assets
Quant Fund
Top asset management team helps you profit without hassle
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BTC Staking
HOT
Stake BTC and earn 10% APR
GUSD Minting
Use USDT/USDC to mint GUSD for treasury-level yields
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- 🚀 Gate Square “Gate Fun Token Challenge” is Live!
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If delivery is unavailable, th
Analyst: $100,000 is the next key support level for Bitcoin, and if it falls further, it could trigger more dumping and intensify market Fluctuation.
On November 12, The Block reported that Vincent Liu, Chief Investment Officer of Kronos Research, stated: “The fall of Bitcoin is mainly due to profit taking and a large number of long positions closing after failing to regain the resistance level of $107,000.” He pointed out that Bitcoin's brief rebound was driven by the U.S. Senate's passage of a bill to restart the government, which boosted the market's risk appetite. However, this was not enough to offset the pressure of profit taking, leveraged liquidations, and ongoing technical weakness. Vincent Liu stated: “The rebound brought by macro favourable information quickly faded.” He noted that $100,000 is the next key psychological support level, “and further declines could trigger more dumping and exacerbate market fluctuations.”