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
Early morning BTC experienced a round of intense volatility, with the price quickly climbing from around 61,500 to a high of 64,250, then facing resistance and pulling back. In the short term, there is obvious selling pressure at high levels, and the bullish momentum has weakened after the surge, entering a phase of pullback confirmation after the rally.
From the current market situation, the daily trend line still suppresses the price, and the current rebound is defined as a "oversold correction," with no reversal signals appearing yet. Although the 4-hour level has broken above the Bollinger middle band, indicating a short-term rebound, the long upper shadow on the 1-hour chart shows significant selling pressure above 64,000. This kind of pullback after a sharp rise is often a precursor for bears to regain strength. Therefore, the strategy of high-position shorting remains unchanged!
Bitcoin rebound around 63,800-64,300 for short positions, targeting 61,800-60,000, and if broken, then down to 59,000.
Altcoin rebound around 1,710-1,740 for short positions, targeting $BTC 1,620-1,520.
From the current market situation, the daily trend line still suppresses the price, and the current rebound is defined as a "oversold correction," with no reversal signals appearing yet. Although the 4-hour level has broken above the Bollinger middle band, indicating a short-term rebound, the long upper shadow on the 1-hour chart suggests significant selling pressure above 64,000. This kind of pullback after a sharp rise is often a precursor to bears regaining strength. Therefore, the strategy remains to go short on high positions!
Bitcoin rebound around 63,800-64,300 for short positions, targeting 61,800-60,000, and if broken, then down to 59,000.
Altcoin rebound around 1,710-1,740 for short positions, targeting $BTC 1,620-1,520.