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
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
3.8%
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
Pre-IPOs
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.
Tonight, after the CPI lands, the debate over BTC’s $60k level: is it a “meat grinder” or a “golden pit”?
Tonight, after the CPI lands, the debate over BTC’s $60k level: after CPI lands, will BTC be a “meat grinder” or a “golden pit”?
The possibility of breaking below the $60k mark: it’s a “cover-up cloth,” and also a “liquidity pool.”
Many people treat 60k as a sacred and unbreakable bottom—don’t daydream. $60k right now is the core of a “meat grinder” setup.
Probability of breaking: if CPI goes sideways (Scenario A) tonight, combined with Waller’s hawkish remarks, the probability of breaking below $60k is absolutely not low. $60,000 isn’t just a psychological level—it’s the last “cover-up cloth” for the bulls. Once it’s lost, panic sentiment will be amplified further.
What to do after breaking: remember what I said before—if $60,000 breaks, I actually won’t be too pessimistic. The biggest feature of the market right now isn’t that nobody is buying, but that nobody dares to buy first. Below $60,000 is the “liquidity pool” of big whales and long-term institutions. Once the negative news truly lands, many funds will start looking for opportunities instead. Breaking below $60,000 isn’t telling you to cut loss—it’s telling you to pick up “bloodied chips.”
3. The possibility of a rise and point-based judgment (based on the current market-wide level 62572)
Right now the broader market is stuck at 62572. At this level it’s not high, not low—it’s awkward. If tonight’s data is a positive surprise (Scenario B), how big is the chance of an upside move? How many points can it rise?
Upward resistance: to the upside, 63,000 is the first hurdle (a dense zone of trapped longs); 65,000 is the gate of hell (pressure from prior highs).
Point judgment: starting from 62,572, if the data comes in below expectations, the first target for the bulls’ counterattack is the 64,500-65,000 zone. That means the upside room is roughly about 2,000-2,500 points.
Veteran warning: don’t treat a rebound as a reversal! Until the “sword of Damocles” of a September rate hike is taken away, any rise is “dancing with shackles.” Want to see a real reversal? Only if ETF inflows keep flowing back in continuously, and the price can rise with volume and hold above 65,000. Otherwise, the current push higher is very likely just to lure longs.
This isn’t the time to bet on a one-way breakout. As long as the $60,000 level hasn’t broken, don’t rush to call for “the bull is back.” If the data hasn’t gone bad, don’t rush to call for “the bear is coming.”
$BTC #沃什听证会撞上CPI