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 news received yesterday caused a sell-off, but the level at 73,371 we are monitoring held the support. The upward trend continues as expected.
If a close above 79,000 on the daily chart occurs during the rally, the first high peak will have formed according to the last downward wave on the 4-hour chart. This will be a sign that the upward movement will continue further.
Resistance levels at 98,000 - 109,000 - 107,000 can be monitored.
If there is a 4-hour close below 73,371, we expect a decline.
During the decline, the last upward wave's Fibonacci 0.618 support at 69,845 can act as support.
If it holds, a rebound may occur.
If no confirmation of a reversal is received and the decline continues, the 65,666 level is important.
As long as it stays above this, the possibility of further upward movement remains.
If there is a daily close below 65,666, we will monitor the supports at 63,823 - 62,433 - 60,000.
A daily close below 60,000 would mean the decline deepens further.