Gold Breaks Below $4,000, Bitcoin Pulls Back Below $80,000 | WEEX TradFi Daily(October 26, 2026)

Today’s Digest

• Major indexes were mixed on October 23, with the Dow weaker; Brent rose to about $116.7, a near six-month high, and energy led.
• Gold fell below $4,000, while Bitcoin pulled back toward $80,000 as traders debated whether the correction was nearing its end.
• Cybersecurity stocks advanced last week, with CrowdStrike up nearly 12% and BlackBerry up more than 10%.
• Today’s focus: Verizon before the open, and Cadence, Celestica and Amkor after the close.

1 Crypto Highlights

1) Bitcoin Near $80,000; Traders Focus on Cycle Scenarios and Support

Bitcoin traded around $79,000–$80,000, while Ethereum also weakened. Some market analysis suggests the pullback may be nearing exhaustion based on prior cycle retracements. Another scenario focuses on a possible test of the $75,000 fair-value gap, followed by levels near $100,000, $126,000, $160,000 and $190,000. These are scenario estimates, not confirmed forecasts; near-term attention remains on support and capital flows.

Watchlist: BTC, ETH
Spot: BTC / ETH
Futures: BTC / ETH

2) WEEX Adds PREDICT Spot Trading

Predict is a prediction-market platform covering outcomes across politics, crypto, sports and other events. WEEX has listed PREDICT for spot trading. Prediction assets can be volatile, and early liquidity or event-driven flows may amplify price swings.
Watchlist: PREDICT
Spot: PREDICT

3) IRYS Reverses After a Sharp Rally; Liquidity Remains in Focus

IRYS rallied sharply last Friday before declining in subsequent sessions. Market commentary has linked the move to concentrated community trading; after the squeeze, liquidity and sustained buying support weakened. Watch whether the token can establish a stable base.

Watchlist: IRYS
Spot: IRYS
Futures: IRYS

4) PYTH Leads Major Tokens; Buyback Mechanism Offers Support

PYTH traded near $0.075, up about 5% over 24 hours. The DAO previously approved a rule directing platform product revenue toward monthly token buybacks. Buyback expectations and relative strength have supported PYTH as major tokens weakened, though profit-taking remains a risk.

Watchlist: PYTH
Spot: PYTH
Futures: PYTH

2 Stock Highlights

1) CrowdStrike Rises Nearly 12% for the Week as Cybersecurity Gains Attention

CrowdStrike gained nearly 12% last week, including about 8% on Friday. Concern over AI-driven cyber threats has increased attention on zero-trust and endpoint security demand. Palo Alto Networks and other cybersecurity names also advanced as some capital rotated from volatile AI hardware into software security.

Watchlist: CRWD
Futures：CRWD

2) BlackBerry Gains More Than 10% for the Week

BlackBerry rose more than 10% last week. Investor attention to its embedded-systems and cybersecurity businesses, alongside firmer sector sentiment, supported the rebound. Watch whether orders and software revenue continue to improve.

Watchlist: BB
Futures：BBX

3) Gold Breaks Below $4,000 as Silver Also Weakens

Gold briefly fell below $4,000, down more than 3% for the week; silver slipped below about $54. Elevated long-bond yields, a stronger dollar and oil-driven inflation and rate concerns reduced precious metals’ safe-haven appeal. Watch how changing rate expectations affect real yields.

Watchlist: GOLD, XAG
Spot: XAG
Futures: XAG

4) Energy Holds Up as Brent Reaches About $116.7

Energy led on Friday. Brent rose to about $116.7, a near six-month high, while WTI traded near $103. Supply-disruption concerns and transport risks lifted oil prices and drew attention to energy stocks. Persistently high oil also adds to inflation pressures and weighs on long-duration assets.

Watchlist: CRUDEOIL
Spot: CRUDEOIL
Futures: CL / BZ

3 Today’s Preview

Telecom, electronic-design and electronic-manufacturing services companies report today. Investors will focus on user growth, AI demand and supply-chain guidance. Verizon, Cadence and Celestica are on the earnings calendar; Amkor is also scheduled to report after the close.
1) Verizon (VZ) — Before the Open

Consensus is about $1.27 in EPS and $34.8 billion in revenue. Investors will watch wireless net adds, free cash flow, capex, and debt and dividend sustainability.

Watchlist: VZ
Futures: VZ

2) Cadence Design Systems (CDNS) — After the Close

Consensus is about $2.05 in EPS and $1.61 billion in revenue. AI-chip design demand and system-simulation orders are key; guidance will influence sentiment on semiconductor-design software.

Watchlist: CDNS
Futures: CDNS

3) Celestica (CLS) — After the Close

Consensus is about $2.97–$3.01 in EPS. As a provider of electronic manufacturing services for AI servers and high-speed interconnects, investors will watch AI-related revenue share and capacity expansion.

Watchlist: CLS
Spot: CLS
Futures: CLS

4) Amkor Technology (AMKR) — After the Close

Consensus is about $0.77 in EPS and $2.03 billion in revenue. Advanced packaging and automotive-chip testing demand are key indicators; results and guidance will offer a read on supply-chain demand and capacity utilization.

Watchlist: AMKR
Spot: AMKR
Futures: AMKR

Trade Global Markets on WEEX

WEEX offers stock spot products and USDT-margined stock futures to help users track global market themes from one platform.
Trade Now: WEEX Stocks

WEEX TradFi covers stocks, commodities, forex and indices.
Explore TradFi: WEEX TradFi

WEEX Proof of Reserves

WEEX provides a proof-of-reserves page for users to review reserve and asset-backing information.
View WEEX Proof of Reserves: Proof of Reserves