Piyasa Tahmini

An in-depth analysis of the resurgence of crypto presales in 2025, exploring the evolution from early participation narratives to structured financing, examining why capital is refocusing on early-stage projects, and revealing how presale models are reshaping the crypto fundraising landscape through case studies like Plasma and MegaETH, balancing compliance and innovation.

This week, the crypto market remained in a volatile range amid macroeconomic disturbances, recent consecutive rate cuts by the FED have boosted short-term market sentiment, but investors’ concerns over structural issues such as long-term inflation, fiscal deficits, and the independence of monetary policy have not subsided. Additionally, the Bank of Japan’s rate hike this month is widely anticipated. Yesterday, Bitcoin spiked to a high before dropping over 2.2%, while Ethereum also surged then retraced, ending the day up 1.2%.

This week, the crypto market remained range-bound amid simultaneous macro and sentiment-driven pressures. Expectations of a Bank of Japan rate hike triggered a pullback in global risk assets, while tighter liquidity weighed on market risk appetite. At the same time, rumors surrounding a potential change in the FED chair and ongoing policy uncertainty added to market caution regarding the future rate path. Despite this backdrop, BTC posted a notable rebound on Wednesday, briefly climbing back to around $93,000, showing clear signs of short-term recovery. Technically, downside support remains resilient, and the market has entered a news-driven consolidation phase.

According to Gate Research, the crypto market experienced a choppy recovery this week under shifting macro sentiment. As retail data weakened and several Fed officials delivered dovish signals, rate-cut expectations strengthened, with the probability of a December cut rising to 84.9%. Risk assets saw a moderate improvement in sentiment. After a continuous pullback, Bitcoin found strong buying interest near $80,000 and rebounded to around $88,000, lifting major altcoins as well. However, capital flows remain cautious, ETF inflows are limited, and the broader market still reflects a weak rebound structure.

This report systematically examines the development trends and competitive landscape of prediction markets, with a focus on Polymarket’s ecosystem strategy centered on Builder Codes. It highlights that Polymarket is transforming prediction markets from a single platform into decentralized infrastructure by opening liquidity and developer networks, creating a “Prediction-as-a-Service” system embeddable in any scenario. The report also dissects Polymarket’s four-layer ecosystem structure, revealing that third-party Builders account for less than 3% of total platform trading volume but hold tenfold growth potential.

According to Gate Research, Bitcoin rebounded to around $106,000 this week after briefly dipping below $100,000, driven by easing concerns over the U.S. government shutdown and improving risk appetite. While a preliminary MACD bullish crossover has formed, both trading volume and capital inflows remain weak, indicating the uptrend is not yet established. Ethereum continues to fluctuate between $3,400 and $3,650 with limited rebound momentum. Overall, market sentiment remains cautious, and the recent rebound appears to be a technical correction rather than the start of a new bullish phase.

Gate Research reported that Bitcoin fell below $100,000 this week for the first time since June, hitting a low of $99,932 and breaking below its 200-day moving average, marking the second-largest single-day drop of the year.

Weekly Report Date: November 3, 2025. Please note that all opinions and information provided are for reference only and do not constitute investment advice. Strategy Recommendation: BTC Reverse Bullish Calendar Spread. For a limited time, option fee discounts are available: https://www.gate.com/zh/campaigns/3109

The article examines increased tension in the crypto market as the Bitcoin white paper celebrates its 17th anniversary. Although the Federal Reserve has lowered interest rates, Bitcoin’s price has not stabilized. Doubts regarding the feasibility of a decentralized future have increased throughout the market.

Gate Research noted that BTC has recently been consolidating between $108,000 and $115,000, with short-term moving averages converging and market direction remaining uncertain. If the price holds above $107,000, the range-bound movement may continue; a breakout above $115,000 with rising volume could open the door to a new upward leg. ETH has been fluctuating between $3,850 and $4,250, showing weaker momentum, but a breakout above $4,100–$4,200 could reignite its uptrend. Overall, the market continues to oscillate within key ranges, while liquidity conditions remain cautious.

Weekly Report Date: October 27, 2025; Important Notice: The opinions and information herein are for reference only and do not constitute investment advice for any individual; Strategy Recommendation: BTC Bullish Calendar Spread.

Gate Research Institute stated that BTC is currently consolidating at low levels within the $108,000–$109,000 range, lacking a clear short-term direction. ETH is fluctuating between $3,850–$4,050, with selling pressure still present but the decline narrower than in previous periods.

On October 17, Bitcoin dropped from $116,000 to approximately $104,500. This significant decline has raised market concerns about a new bottom. In this article, we analyze current market dynamics and potential risks in depth. We examine data on derivatives contract liquidations, ETF net flows, technical support levels, and intermediate- to long-term trends to assess whether the crypto market is shifting into a bearish phase.

Gate Research Daily Report: Bitcoin has stabilized above $115,000, while Ethereum broke through $4,200, leading a rebound in altcoins. Falcon secured a strategic investment of $10 million from M2 Capital and Cypher Capital, surging 27.2% within 24 hours. Bella Protocol formed a strategic partnership with AITECH, driving BEL up 36.9%. Kalshi partnered with Pyth Network to bring real-time prediction market data on-chain for the first time. Asset manager Amundi is entering the crypto ETF market, further accelerating the integration of digital assets with traditional finance. Following recent liquidations, the market has deleveraged overall, but structural capital and institutional demand remain intact.

This article systematically examines the chain of events behind the October 2025 crypto market crash: from global risk aversion sparked by Trump’s tariff remarks, to the USDe depegging, loop loan liquidations, and the subsequent wave of market maker blowups. It reveals the inherent fragility of high-yield stablecoin mechanisms. The article also shows how leverage stacking can unleash systemic risk under extreme market stress, underscoring the unbreakable financial law for investors: high yield means high risk.