Futures
Hundreds of contracts settled in USDT or BTC
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Futures Kickoff
Get prepared for your futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to experience 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
The recent rally of Ethereum is essentially a test of retail investors' psychological resilience. Many are watching the 3150-3178 price range, but those who are truly making money are focused on things others can't see.
Let's first talk about trading volume. This is the most easily overlooked trap. Why is that? Because trading volume is the true reflection of the price movement; the price itself is just a smokescreen. For Ethereum to stabilize above 3178, the trading volume must keep up. This range has many orders stacked up, all waiting to be unwound. Once a breakout occurs, these chips in the hands of many will be sold off. Without enough buyers to absorb the sell-off, this breakout is likely a false signal—price surges up but then falls back, trapping the last entrants. I've seen too many such scenarios; honestly, it's a bit tragic.
Another point that is often confused: the closing price is what counts. It's as simple as that, but it can distinguish a genuine breakout from a false one. The key is that on the 1-hour or 4-hour chart, the closing price must truly stay above 3178 for it to be valid. If the price only spikes during the session but then drops back? That's a trap—don't be fooled. Many people get caught here, especially those chasing high.