💥 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
Analyst: BTC breaks below the key support of $117,000, the probability of "filling the gap" rises
Odaily News On-chain data analyst Murphy pointed out that the price of Bitcoin has fallen below the key support level of 117,000 USD, and the probability of “filling the gap” is continuously rising. According to the URPD chip structure, 117,000 USD is the range with the most accumulated chips at a single price, reaching 720,000 BTC, indicating a fierce Bull vs Bear Battle and frequent turnover. Currently, BTC has entered the mid-range of the “double anchor structure” formed between 116,000 to 119,000 USD and 102,000 to 109,000 USD. Murphy pointed out that the middle of this structure (around 112,000 to 113,000 USD) is the chip fault area. If the market cannot quickly return and stabilize at 117,000 USD, the risk of filling the gap will further increase; if it can stabilize and digest the pressure through fluctuations, there will still be opportunities for upward movement.