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#数字资产市场观察 Last night was another night of Sideways grinding, I was hoping to wait for a high position short order opportunity but couldn't wait for it. $BTC and $ETH are now stuck here, it's really awkward—upwards? The loss-making positions above are piled up like a mountain; downwards? The bullish voices are overwhelming. But the market has to give some incentives, otherwise, this industry will truly have no players.
That being said, there are several risks to be aware of at this position: we have already reached the tail end of the bull market, and all movements are repeatedly pulling back and forth within a sideways range. To break through, we need to see which direction can't hold out first. From a technical perspective, BTC and ETH are showing bearish divergences from the 5-minute to the 1-hour levels. Even if you want to take a long order, you need to wait for a 15-minute pullback confirmation; if there's profit, make sure to run.
The ETH daily chart has already formed a double needle pattern, which means the upward momentum is weak. Unless the main force directly pushes through 3100 and can hold the support on the pullback, this position is quite precarious.
The market is full of various false moves right now. If you ask me, a safer approach is as follows: wait for a real breakthrough at 3100, you can try a short order at 3180, and if it continues to surge to 3280, that is a significant resistance level where you can increase your short position. Alternatively, you can take the opposite approach, going long around 2980 if it pulls back, but if it breaks below 2980 and does not recover within 4 hours, then you have to look at 2800 or even 2600.
This position is really not suitable for blindly opening a position. Friends passing by, please follow along casually, and let's hold on until the end together.
To be honest: the biggest expense in trading is actually the fees, and the real profit relies on capturing the major trends. Friends who frequently engage in short-term operations should be aware that the rebate on fees can be quite substantial; some top users on certain platforms can earn 4 BTC just from rebates in a single day, money that should belong to us traders. Study the platform rules more carefully and don't let the benefits that are rightfully yours slip away.
Wait, someone is getting 4 BTC just from rebates in one day? Why is there such a big discrepancy?
Instead of worrying about whether it will break through or not, it’s better to thoroughly understand the platform rules first.
This position is really not suitable for making random moves; I need to calm down.
With both long wick candles and top divergence, the technical analysis is making my head spin.
I’ve noted the point at 2980; I need to observe the reaction here closely.
Short-term trading really burns through fees; it’s better to focus on capturing the larger trends steadily.
We're already at the tail end of a bull run, so we need to be more cautious.
The divergence at the top is indeed correct, but to be honest, those who frequently check the 5-minute chart are gambling, not trading. I'm currently looking at the 4-hour level, it's more worry-free.
If ETH really can't break through 3100, that wave at 2980 might be the last opportunity to enter a position, otherwise we just sit and wait for the story of 2600.
The part about the rebate on transaction fees is absolutely spot on, my fren at a certain leading platform has his gas fees covered by the rebates he gets in a month, while us retail investors are just destined to be played for suckers.
The most frustrating thing about being sideways is that you can't do anything, just staring at the chart in a daze, and still have to expend energy, it's better to just take a break.
I have a strong feeling about the fees; the rebate rules are really complex.
It feels like we can't break through 3100 and will continue to fluctuate.
The contract fees eat up several points of profit in just one day, it's really disheartening.
We really have to wait at this position, can't rush it.
The rebate on transaction fees is indeed complicated; you need to understand the platform rules.
The 3100 position is really key; if it can't break through, you still have to observe.
Frequent operations don't lose due to technical issues; it's all about being worn down by transaction fees.
Instead of blindly entering a position, it's better to research where the major trend is.
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Sideways is the most annoying, can't make money and still have to keep an eye on the market, it's really frustrating.
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If it can't break 3100, we have to watch below, but I bet it will still try.
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The long wick candle pattern is well described, this wave of ETH is indeed lackluster.
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You all are focusing on the technicals, I'm just thinking about how to earn back the transaction fees.
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Waiting for a pullback to 2980 to enter a position, this is reliable talk.
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It's right not to blindly enter a position, but who can really hold on? Haha.
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After watching so much analysis still losing money, is the problem really with the transaction fees?
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At the end of the bull run, there are still people daring to trade frequently on short-term, I really admire this mindset.
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That resistance level at 3280 is a bit harsh, I don't dare to touch it.
Wait a minute, a rebate of 4 BTC a day? This is too outrageous, it feels like the platform is a vampire.
Is this critical level of 3100 for real? It feels like it has been tested so many times without breaking.
Instead of guessing around, we might as well wait; after all, this little market movement doesn't really matter.
Double long wick candle, right? Buddy, your analysis is indeed detailed, but who doesn't have a sense of the current situation?
This wave of analysis is solid, but to be honest, the current market is just gambling; no one can really predict it.
2800, huh? Alright, let's just wait and see.
Looking at the charts every day is giving me eye strain; it’s more practical to study the platform rebate rules.
If 3100 can't be broken, then don’t fuss around, just wait for a clear signal.
There are too many dumb buyers at this position for short orders, I dare not move.
What are you waiting for? The cycle has long been overextended, and it's all a game for the market makers now.
That fee part, oh, it's really a trap; I've seen too many people earn a bit only to get eaten away.
This position is very precarious, so go-with-the-flow and wait.
It's hard to go up and down; the market is just putting on a show.
Human weaknesses are fully exposed; it's another feast of survivorship bias.
Don't enter a position, observe; this is the wisdom of staying alive.
Really, the fees are the hidden killer; some people frequently trade and end up being sheared by the platform.
If the key level of 3100 cannot be broken, don’t fuss around; wait for a signal before making a move.
The double long wick candle pattern indicates that the market maker is not that aggressive, and your analysis on this point is correct.
2980 is a good entry point, but we have to see if it can hold on the 4-hour chart.
Another top divergence, another fake move. I just want to ask when we can finally have a clear direction.
If it can’t break 3100, I’ll just wash up and go to sleep. This market is too torturous.
To be honest, the rebate on fees really needs to be considered; otherwise, I’m just working for the platform for nothing.