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.
7.03 Zhuoyan Morning Market Analysis
Last night, supported by macro sentiment, the market showed strong strength and rallied upward. BTC’s highest point reached around 62199, and ETH surged to around 1724. Overall data is consistent with the evening analysis. This morning, the market is stalling after rising to high levels and has entered a sideways repair/consolidation phase.
The subsequent digestion of the Non-Farm Payroll data is nearing its end. In the short term, it is important to watch for potential disruptions from signals related to Fed policy and changes in geopolitical conditions, and to guard against funds taking profits and exiting after good news is already priced in.
At present, on the daily timeframe, multiple consecutive bullish candles have been seen, and price is gradually moving toward the Bollinger middle band. On the 4H timeframe, bulls have broken through the upper band with increased volume, but the KDJ indicator has already moved into a severely overbought zone. On the 1H timeframe, price has fallen below the upper Bollinger band; MACD red-bar momentum is shrinking on declining volume. In the short term, upward momentum has weakened somewhat, and there is an expectation of a technical pullback.
【Key Levels】
BTC: For resistance above, watch 62000-62400 (for a strong breakout, look at 63200); for support below, watch 61300-60800, with strong support at 60200-59800.
ETH: For resistance above, watch 1720-1750; for support below, watch 1680-1660, with strong support at 1640-1620.
Overall, the market faces clear pressure from above. Although the bulls still have some residual momentum, the upside rally momentum has started to fade. This morning, the focus is on whether the 62000-62400 range can stabilize and break out; consider staging your orders to position in steps within the range.
The above is purely for technical discussion and does not constitute any investment advice. Before trading, be sure to make a plan and manage risk. If you have any questions, feel free to consult at any time. $ETH
$BTC
Last night, boosted by macro sentiment, the market rallied strongly. BTC hit a high near 62,199, and ETH surged to around 1,724, with overall data in line with the evening analysis. In the early morning, the market stalled at high levels and entered a sideways consolidation phase.
The subsequent digestion of the non-farm payroll data is nearly complete. In the short term, attention should be paid to potential disturbances from Fed policy signals and changes in geopolitical situations, guarding against capital profit-taking after the positive news is priced in.
Currently, the daily level has already closed multiple consecutive bullish candles, gradually approaching the middle Bollinger Band. On the 4H level, bullish volume has broken through the upper band, but the KDJ indicator has entered the severely overbought zone. On the 1H level, it has fallen below the upper Bollinger Band, and the MACD red柱 momentum has shrunk. The short-term upward momentum has weakened somewhat, and there is an expectation of a technical pullback.
【Key Levels】
BTC: Upper resistance focus on 62,000-62,400 (strong break above 63,200); lower support focus on 61,300-60,800, strong support at 60,200-59,800.
ETH: Upper resistance focus on 1,720-1,750; lower support focus on 1,680-1,660, strong support at 1,640-1,620.