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BTC (-0.87% | Current Price 109,602 USDT): In the past 24 hours, BTC experienced a quick pullback from its high and a subsequent short-term rebound, with the price falling from around 116,388.8 USD to a daily low of about 106,286.5 USD, gaining support at the low and rising to approximately 109,602.7 USD; the short-term moving averages indicate that short-term buying interest is entering, forming an initial short-term golden cross, suggesting that short-term bullish momentum is beginning to recover at the low, but the MA30 is still in a downtrend and poses resistance near the current price, indicating that the overall trend has not yet completed its reversal; if it can stabilize within the 109,000–109,500 USD range in the next 24 hours with increased trading volume, there is potential for a short-term challenge to the resistance at 111,000 USD and to validate the trend.
GateResearch·2025-10-31 07:28