Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
BTC, ETH, SOL——these three letters have been cycling through my mind in the past few days.
The market's performance last night was indeed quite fierce. Bitcoin re-claimed $94,000, and Ethereum surged nearly 7% in a single day. Such momentum is no longer driven by retail traders. Wall Street is clearly betting on an event with extremely high certainty: a shift in Federal Reserve policy.
The question now isn't "Will there be a rate cut," but rather "How many basis points will it be, and how will it be communicated?" If the Fed releases a clear easing signal at 3 a.m., once the floodgates of global liquidity loosen, the crypto market is often the first to receive spillover funds. Why? Because it trades 24/7, has no circuit breakers, and no complicated entry barriers.
Institutional actions are already visible. Bitcoin spot ETFs have been experiencing continuous net inflows in recent days, with daily capital flows reaching hundreds of millions of dollars. Even more interestingly, traditionally conservative asset management giants are now opening crypto trading channels for their clients—this is clearly not just testing the waters, but a fear of missing the train.
On-chain data is even more exciting. A whale swept up 400,000 ETH in two days, and the ETH reserves on exchanges are decreasing at a visibly rapid pace. On one side, supply is shrinking; on the other, demand is exploding. This mismatch of supply and demand has historically been accompanied by sharp price volatility.
But let's stay calm—after a rapid surge, there will be tests.
Ethereum’s RSI indicator has already entered overbought territory, indicating short-term technical correction pressure. More importantly, Wall Street's most familiar tactic is "good news immediately followed by a dump"—regardless of tonight's news, the market could experience a wave of intense volatility first. If a rate cut is officially announced, it might actually trigger some profit-taking, as many positions are accumulated at low levels. Cashing out profits is human nature.
In the medium to long term, the logic of easing cycles combined with supply scarcity still holds. But in the short term, don't let emotions cloud your judgment.
What do you think about tonight's market movement? Will it adjust first and then move forward, or ignore the correction and run wildly? Share your thoughts on the trend and your position strategies in the comments.