Futures
Access hundreds of perpetual contracts
CFD
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 40+ AI models, with 0% extra fees
#Gate广场五月交易分享
Dogecoin DOGE: The biggest drop, with the long-short ratio off the charts. DOGE is now about $0.10664, down 4.16%, making it the most significant correction today. It has plummeted from above $0.116 down to around $0.106, nearly all of the weekly gains wiped out.
Regarding the long-short ratio, Bn account is at 2.3146, OK at 2.76, and large accounts hold 2.1663. The long-short ratios are all above 2.3, indicating retail traders are extremely bullish, which is also the reason for today's sharp decline—whales are taking the opportunity to shake out weak hands.
Liquidation data: 95,000 long positions were liquidated in 1 hour, with no shorts; in 12 hours, 6 million longs were liquidated, with only 260k shorts. The longs have been wiped out very brutally.
Support levels are around 0.104-0.105, resistance is at 0.11-0.112.
Entry timing: Those wanting to go long should wait for a rebound and stabilization at 0.104-0.105 before entering, with a stop loss at 0.102, targeting 0.11-0.112. The long-short ratio is too high, and the whales may still be shaking out, so don’t rush to buy the dip.
DOGE is now about $0.10664, down 4.16%, making it the most aggressive correction today. It dropped from above $0.116 all the way down to around $0.106, nearly giving back the entire weekly gain.
In terms of the long-short ratio, BN account is 2.3146, OKEX is 2.76, and large accounts hold 2.1663. The long-short ratios are all above 2.3, indicating retail traders are extremely bullish, which is also the reason for today's sharp decline—whales are taking the opportunity to aggressively shake out positions.
Liquidation data: 1-hour long positions exploded by 950k, with no short positions; 12-hour long positions exploded by 6 million, with only 260k short positions. The longs have been wiped out very brutally.
Support below is around 0.104-0.105, resistance above is at 0.11-0.112.
Entry timing: Those wanting to go long should wait for a rebound and stabilization at 0.104-0.105 before entering, with a stop loss at 0.102, targeting 0.11-0.112. The long-short ratio is too high, and whales may still be shaking out, so don’t rush to buy the dip.