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.
July 21 $BTC Comprehensive Market Overview Analysis
🤯 News Feed:
Positive factors: Bitcoin rebounded from recent lows and has regained the area around $65k. ETF inflows have resumed (net inflow of roughly $197M-$273M last week, ending the large-scale outflows seen in the previous several weeks), with significant net inflows into institutional products such as BlackRock. Companies like MicroStrategy continue to hold/accumulate BTC, providing support for institutional demand. Geopolitics did not trigger a sustained crash, showing market resilience.
Negative/Prudent factors: The Fear & Greed Index fell to 29 (extreme fear), reflecting weak market sentiment. Strategy authorization for potential BTC sales (up to $1.25 billion); although it has not immediately impacted the price, it increases supply pressure. On the macro front, selling pressure in US tech stocks and risk-off sentiment have weighed on the market to some extent.
🤯 Capital Flows:
ETF inflow recovery: In early July, ETF flows turned to net inflows (daily high of over $200M), partially offsetting June’s record outflows (over $8B). This provides price support, especially led by products such as BlackRock IBIT.
On-chain data: Exchange net outflows (reducing sell pressure), with long-term holders (LTH) making up a high proportion and continuing to accumulate. Whale activity remains relatively stable, but short-term holders still have some profit-taking/stop-loss. Leverage has cooled down, reducing the risk of liquidations.
🤯 Technical Analysis:
The market action analysis yesterday is exactly what we mentioned—keeping an eye on the rebound. Now, we can see that Bitcoin has already broken above the 65K level we discussed yesterday, and it has also broken through the upper edge of the triangle. Next, we need to watch whether it can continue this move. So, to summarize: as long as it does not break 65K during the day, it should trade around 66.5K. 66.5K is the long/short pivot point for this leg. If this level can hold, price will likely trade in the 68K to 70K range.
So, in summary, we still need to look at whether the trend can continue. If there is no continuation, then any discussion is just guessing. Personally, from my perspective at the daily level, I still expect a rebound.
Support: 65k-63,800
Resistance: 66,300-67,500