Futures
Access hundreds of perpetual contracts
TradFi
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
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
This week's market is coming to a close. Looking back at this week's price action, we saw a pattern of initial suppression followed by a rebound. On Monday and Tuesday, the price continued its previous uptrend, breaking through and refreshing recent highs near 76,000. After that, the price experienced a rapid pullback, and the current pullback trend continues to extend. Reviewing this week's live trading, we consistently caught gains of 3,224 and 2,094 points respectively with a bullish outlook on Monday and Tuesday. On Wednesday through Friday, we flexibly adapted to market trends, accumulating a total of 3,585 points in gains. This week, our live trading captured a total of 8,903 points on Bitcoin, and 361 points on Ethereum. Most of our live trading students have also kept pace with the rhythm and achieved rapid accumulation of positions. In the current wide-range oscillating consolidation pattern, if you cannot effectively capitalize on opportunities, why not follow Haoyu's rhythm and take a step forward? Perhaps a simple choice can dramatically change your current situation.
Looking at Bitcoin's 4-hour chart, after the price dropped sharply on a large bearish candle near the lower band and underwent some consolidation and recovery, it entered another series of bearish candles continuing the previous pullback trend. The Bollinger Bands continue to diverge downward, and with market volatility contracting over the weekend, bearish momentum continues to strengthen. Therefore, we continue to anticipate a continuation of the pullback trend in the near term. On the hourly chart, after continuous consolidation, the price formed a large bearish candle refreshing this week's lows. After a significant pullback, no obvious rebound has appeared; instead, it has entered a consolidation trend with a gradual downward movement. Bearish momentum continues to strengthen. Without external news catalysts or stimulus from US stocks, we continue to follow the trend and look for a continuation of the downtrend, participating on bounces at higher levels.
Bitcoin: short near 69,000, watch 67,500.
Ethereum: short near 2,100, watch 2,030.