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
May 20 Wednesday Afternoon Market Analysis
The short-term market trend, as we anticipated, has once again entered a consolidation phase, oscillating within the 77,500-76,000 range, without forming a clear continuation either upward or downward.
We have short-term positions on both sides within this range; different trading strategies apply to trending versus ranging markets.
It's not that the market lacks volatility, but rather that misjudging entry points in such conditions can lead to holding positions for too long.
In a ranging market, there's no need to overly chase space; simply avoid greed and focus on appropriate entry and exit points.
Recently, sharp declines are often accompanied by technical rebounds, so blindly chasing short positions is not recommended.
On the four-hour chart, the market is forming a bottom at low levels and mainly repairing rebounds, making new lows unlikely overall.
The downside space for bears is limited, and this correction can be seen as a new bottom-building phase.
Ranging is natural, and short-term oscillations are likely to continue, at least during the daytime trading session.
To go long in this environment, wait for a pullback to enter, and seize the best entry opportunity.
BTC Trading Suggestions:
Go long around 76,000, add positions near 75,300, take profit at 76,500-77,300, stop loss at 74,800
ETH Trading Suggestions:
Go long around 2,100, add positions near 2,050, take profit at 2,130-2,160, stop loss at 2,000
For phased entries, light positions can be taken without stop loss; for medium to long-term, set stop loss below 1,900.
High-level profit-taking can attempt short positions; no need for a specific pattern—profit is available at any time.