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 Wednesday night Bitcoin analysis for April 23
Bitcoin, after breaking through the previous high in this round, entered a consolidation pattern along the trumpet shape on the upper boundary. After reaching a new high, there was no sustained acceleration trend. Without external positive catalysts, it is likely to follow a similar retracement and then move upward again. The new high in this round did not effectively widen the gap from the previous high. A strong trend should quickly move away from the cost basis area rather than hover at high levels; this kind of sluggish rally is inherently cautious.
Once the price re-enters the trumpet shape, the support at 77561 is likely to be broken downward, followed by a retest of the 76272 level; if it can stay above the trumpet's upper boundary, there is still upward momentum. Without breaking through 79215, a big trend is unlikely.
Trading suggestions:
A volume-supported break below 77865 with a failed rebound can be shorted on the right side to catch the retracement
Retest and stabilize at 76398, then half-position on the left side
After breaking through 78420, consider going long, targeting 79215-80000, with a stop loss at 77000