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.
6.29 Evening BTC/ETH Market Haibei's View
After hitting a session low early in the morning, BTC and ETH began a oversold repair rebound. The short-term rebound touched the short-term moving average resistance and pulled back, with the rebound momentum continuing to weaken. The 1-hour cycle moving averages have re-formed as resistance, and the overall trend remains in a weak oscillation range after the sharp decline. The long-term bearish trend has not reversed; the short-term rebound is only a technical repair, and selling pressure persists.
In the 1-hour cycle, after the initial surge and peak, a complete downward structure has formed. The ETH high at 1610.48 and BTC high at 60921.9 simultaneously formed top resistance. ETH bottomed at 1546.40, and BTC touched a low of 58859.2. Currently, prices have all fallen below the MA5 moving average, with MA5 crossing below MA10 to form a short-term death cross. Rebound volume on the chart is shrinking, while selling volume is expanding, continuing the oscillating bearish pattern. The evening trading range has narrowed, with focus on the moving average resistance and the support at the lower lows.
ETH Key Levels
Support: 1562, 1546, Resistance: 1578, 1590
BTC Key Levels
Support: 59360, 58860, Resistance: 59960, 60200
ETH
1. Place short positions in the 1576-1590 resistance zone, with stop loss above 1605; first target downside 1562, second target 1546
2. Only enter a light long position in the 1548-1555 range for a quick oversold rebound scalp, fast in and out, do not hold long-term long positions
BTC
1. Place short positions in the 59900-60200 resistance zone, with stop loss above 60350; first target downside 59360, second target 58860
2. Enter a light long position in the 58880-59100 range, with stop loss at 58600, first rebound target 59600, second target 59900
‼️ The above content is only a technical analysis reference and does not constitute any investment advice. Virtual currency trading is highly volatile and extremely risky. Please manage your positions carefully and trade cautiously. $BTC