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
IPO Access
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
- Price Analysis: Bitcoin Trading Under Pressure:
Bitcoin is currently trading at $63,100, maintaining a short-term bearish trend, as the price remains well below the 50, 100, and 200-day exponential moving averages (EMA). The SuperTrend line, near $68,416, is the closest structural resistance, with additional pressure supported by the 50-day EMA at around $72,903, the 100-day EMA near $74,749, and the 200-day EMA at approximately $79,609.
Momentum remains weak, with the Relative Strength Index (RSI) hovering in oversold territory near 26 on the daily chart, while the Moving Average Convergence Divergence (MACD) remains negative and low, indicating continued downside pressure despite the risk of intermittent rebounds.
Daily BTC/USDT Chart
On the bullish side, initial resistance is at the SuperTrend barrier around $68,416, preventing a deeper rebound toward the daily exponential moving averages clustered together, starting with the 50-day EMA near $72,903, then the 100-day EMA at about $74,749. A decisive trend reversal requires a daily close above the 200-day EMA, currently near $79,609, to ease the overall bearish momentum. Until then, upward moves are likely to face selling interest at these successive resistance levels.
$BTC