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
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Bitcoin's price movement has become sluggish around the clearing zone.
Over the past few days, the entire market has been leaning bearish, and altcoins are also declining together.
In such a situation, many traders might be implementing straddle strategies.
They can respond whether the price moves up or down.
The overall selling pressure in the crypto market remains strong, especially with significant declines in large-cap coins.
The fact that Bitcoin is unable to rebound and is stagnating is evidence that market sentiment is cooling off.
It's natural that more traders are choosing neutral strategies like straddles.
The key will be how long this stalemate lasts.
Until the next major move occurs, it might be safest to maintain a wait-and-see stance.