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.
July 4 $BTC Comprehensive Market Analysis
🤯News:
US June non-farm payroll data significantly missed expectations: only added 57,000 jobs (expected 113,000), with the prior month's figure sharply revised down by 74,000. This is interpreted by the market as a clear cooling of the labor market, greatly increasing expectations for Fed rate cuts/easing, which is bullish for non-yielding assets like BTC.
Federal Reserve Chair Kevin Warsh (July 2) stated: "Inflation risks have declined," directly easing market concerns about "higher for longer" interest rates, driving a broad rally in risk assets, with BTC quickly surging over 4% in a single day.
Geopolitical easing: US-Iran negotiating representatives agreed to resume structured maritime security dialogue, alleviating concerns about oil supply disruptions, and risk appetite recovers.
🤯Fund flows:
Spot Bitcoin ETF: on July 2 recorded net inflows of approximately $221–$223 million (largest single-day inflow in 59 days), led by Fidelity FBTC (+$166 million), followed by ARKB, ending the pressure from a cumulative net outflow of approximately $2.7 billion over the previous 10 days. BlackRock IBIT had a small outflow but overall turned positive.
Leverage/On-chain: the price rebound triggered approximately $450 million in short liquidations, further amplifying upward momentum.
Overall, institutional funds' willingness to absorb at the 58k–60k area has increased, and the pause in ETF outflows is an important turning signal.
🤯Technicals:
This is a typical macro-positive-driven oversold rebound + short covering rally, not a trend reversal confirmation.
The current market has rebounded to the resistance level I provided, then pulled back. The current position is just a rebound after overselling. Pay attention to the weekend pullback. After the pullback, watch the support below to see if it can break through the 60900 level. If it does not break down, it will go up again for another retrace. So in summary, the day is still dominated by consolidation and consolidation pullbacks.
Support: 60900-60k
Resistance: 63000-64300