Currently, there are two scenarios in the market. If it cannot break the rising channel again, the market will fall back to around 4150. A conservative trading approach would be to go long around 4150 if it does not break the level. If it breaks the level, the target would be 4500-4550, and then immediately short around 4550. Over time, the resistance level keeps getting lower. My personal suggestion is that the opportunity for shorting is around 4550, as the trend turns bearish.

⏰ 3 Days to Go!💥 Gate Square Event: #PostToWinTRUST 💥
Get ready to share your creativity!
Post original content on Gate Square related to TRUST or the CandyDrop campaign for a chance to share 13,333 TRUST rewards!
📅 Event Period: Nov 6 – Nov 16, 2025, 16:00 (UTC)
📌 Related Campaign:
CandyDrop 👉 https://www.gate.com/announcements/article/47990
📌 How to Join:
1️⃣ Post original content related to TRUST or the CandyDrop event.
2️⃣ Content must be at least 80 words.
3️⃣ Add the hashtag #PostToWinTRUST
4️⃣ Include a screenshot showing your CandyDrop participation.
🏆 Rewards (Total: 13,333 TRU

💥 Gate Square Event: #PostToWinCC 💥
Post original content on Gate Square related to Canton Network (CC) or its ongoing campaigns for a chance to share 3,334 CC rewards!
📅 Event Period:
Nov 10, 2025, 10:00 – Nov 17, 2025, 16:00 (UTC)
📌 Related Campaigns:
Launchpool: https://www.gate.com/announcements/article/48098
CandyDrop: https://www.gate.com/announcements/article/48092
Earn: https://www.gate.com/announcements/article/48119
📌 How to Participate:
1️⃣ Post original content about Canton (CC) or its campaigns on Gate Square.
2️⃣ Content must be at least 80 words.
3️⃣ Add the hashtag #PostTo

🚀 #GateNewbieVillageEpisode6 ✖️ @discovery
💬 Your greatest enemy is your own emotions.
Share your trading journey | Discuss strategies | Grow with the Gate Family
⏰ Event Time: Nov 12 10:00 – Nov 19 16:00 UTC
How to Join:
1️⃣ Follow Gate_Square + @discovery
2️⃣ Post on Gate Square with the hashtag #GateNewbieVillageEpisode6
3️⃣ Share your trading experiences, insights, or growth stories
— 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, the prize will be replaced

💥 Gate Square #ETHPricePredictionChallenge 💥
📈 What’s your prediction for ETH in future?
🎁 4 lucky users will share $40 Position Vouchers!
👉 How to participate:
1️⃣ Follow Gate_Square
2️⃣ Like this post
3️⃣ Comment with your prediction
🗓️ Deadline: November 17, 2025, 04:00 UTC