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
More
Ethereum's recent trend has indeed been a bit suppressed. From a technical perspective, the 3400 level still acts as a strong resistance, with multiple touches followed by pullbacks. Some analysts have already established short positions around 3360, and the key to the upcoming market movement still depends on the performance of the US stock market.
Honestly, these types of resistance levels are often seen as entry points for short positions by many short-term traders. The US stock market is expected to have further room for a pullback tonight, which could then transmit to digital assets. The recent correlation between XRP and Bitcoin has also been quite evident, so overall, it's important to keep a close eye on macroeconomic developments.
If you want to delve deeper into technical details, you can discuss with like-minded traders to verify ideas with each other. Technical analysis can sometimes be clearer when viewed from multiple perspectives.
---
If the US stock market drops, ETH will definitely cool off. This wave depends on the Federal Reserve's stance
---
The short-selling bottom-fishing crowd is back again. Are the folks at 3360 ready to get trapped?
---
Macro stuff is just mysticism. Who the hell can predict it accurately?
---
The bullish side has so few orders, yet they talk so nicely. It's just gambling luck
---
The obvious correlation indicates institutions are cutting, wake up everyone
---
Technically speaking, I just look at a candlestick chart. Anyone can say a few words about it
---
A pullback in US stocks will indeed transmit downward, there's nothing to say about that
---
Think clearly before shorting, don't get liquidated again
---
Waiting to see 3300, definitely not chasing at 3400
If the US stocks fall, I guess we will have to follow suit.