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
$BTC The new high in U.S. stocks ≠ BTC bull run, I’ve been through this bowl of noodles before.
Watching U.S. stocks rise every day, many crypto enthusiasts are shouting for a bull comeback—does this script look familiar?
Just like during this bull market when BTC kept surging, how many people thought altcoins would follow? And what happened?
I’ve suffered losses before, so today I’ll say something blunt: don’t take the optimism in U.S. stocks as a reason to go long on Bitcoin.
Just look at the trading volume to see clearly.
Since BTC entered a bear market, the volume during declines has been much larger than during rebounds. Especially in the past three weeks, the three-day rebound volume is pitifully weak.
With this buying pressure, does it look like a bull comeback?
The truth is often counterintuitive: the optimism brought by new highs in U.S. stocks is precisely the most comfortable breeding ground for the main players to distribute their holdings.
Retail investors think “the market is good overseas, BTC should surge,” and the big players just happen to be selling to you.
This isn’t a bull comeback; it’s a trap to lure more buyers.
My strategy remains unchanged: if there’s no genuine breakout with volume, I don’t chase.
When volume shrinks during a rebound, just watch the show.