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
CFD
U.S. stock CFD derivatives
US Stocks
Access real US stocks and ETFs
HK Stocks
Trade quality Hong Kong-listed stocks
Korean Stocks
SK Hynix
Real Korean stocks and top assets
Stock Futures
High leverage, 24/7 trading
Tokenized Stocks
Backed by real stock assets
IPO Access
Unlock full access to global stock IPOs
GUSD
Mint GUSD for Treasury RWA yields
Stocks Activities
Trade Popular Stocks and Unlock Generous Airdrops
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.
#BTCProbes60KKeySupportLevel
🚨 Bitcoin rose to $60,271 today after dropping to $58,189 yesterday.. The battle to reach $60,000 is not over. I want to tell you what is really happening with Bitcoin right now. Today is Saturday, June 27.
I don't want to give you a picture of what's happening with Bitcoin. I want to give you the truth. Bitcoin touched $58,189 on Friday. This is the lowest point since September 2024. Then it bounced back to $60,271 where it is now. This bounce is real.. We need to understand what it means.
When Bitcoin drops a lot and then rises $2,000, it's not because it's improving. It's because the people selling it are tired. They need a break. The things that made Bitcoin drop are still here. The Federal Reserve is still cautious. They might raise interest rates in July. This is because the economy is doing well. Treasury yields are high. The dollar is strong.
Many people have been pulling their money out of Bitcoin for seven weeks now. This has removed a lot of support for the price. Some people have lost a lot of money on Bitcoin. This makes it hard for the price to rise.
The $60,000 level is very important for Bitcoin right now. Many people bought Bitcoin when the price was between $62,000 and $68,000. Now they are losing money. When the price goes back up to $60,000, they will want to sell to avoid losing money. This will make it hard for the price to rise.
If the price drops again, it could go down to $55,000. There is not much support between $58,000 and $55,000. So if it drops, it could drop quickly.
For the price to rise, a few things need to change. More people need to start buying Bitcoin. The Federal Reserve needs to stop talking about interest rate hikes. The situation in Iran needs to improve so energy prices come down.. Many people need to start buying Bitcoin at the same time for the price to rise quickly.
One good thing is that people who have held Bitcoin for a certain time are not selling it. They are not giving up. Historically, this has been a sign for Bitcoin.
You should be careful with your money this weekend. Watch what happens with Bitcoin on Monday. It will tell you more about what will happen than anything that happens during the weekend.
Bitcoin rose today.. Do you think it will continue to rise next week?. Will it drop back down, to $58,000 or lower, before it really starts to recover?
#BTCProbes60KKeySupportLevel #Bitcoin #GateSquare