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
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 30+ AI models, with 0% extra fees
April 29 Bitcoin Market Outlook:
Yesterday, Bitcoin's price movement was relatively weak, still showing no strong rebound, with two attempts to rally near 79,500 followed by declines. The current decline has totaled nearly 3,700 points, with no significant rebound. Last night, the lowest point was 75,629, then it started to rebound, currently oscillating around 76,200, facing clear resistance from the one-hour midline.
From the 1-hour and 4-hour Bollinger Bands and MACD patterns, it is evident that there is strong resistance, and the rebound is weak. It is still recommended to focus on short positions.
Aggressive trade: Short at current price 76,300, target 75,300, if it breaks below 75,000, look for 73,500, stop loss at 76,800.
Conservative trade: Short at 77,200-77,500, target 75,500/73,500, stop loss at 78,000.
Tonight, there will be earnings reports from the four major tech giants Google, Amazon, Microsoft, and Meta, as well as the Federal Reserve’s interest rate decision and Powell’s remarks. With five items on the news front overlapping, tonight’s market is certain to be highly volatile and dramatic. This May Day may also be a “May Day disaster.” Everyone should still operate cautiously—staying in cash and preserving your life is the best option.