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
More
4.7 Midday Analysis
From the 1-hour chart perspective, Bitcoin is short-term stabilizing around $68,700 and consolidating sideways. After a deep retracement, the selling pressure has been fully released, and the price has steadily rebounded from the recent low. Bullish buying momentum is strong, and market sentiment is gradually improving.
Currently, the price is steadily breaking through the middle band of the Bollinger Bands, which is expanding upward. The short-term moving averages are turning upward, forming a bullish alignment. The MACD has a golden cross with increasing volume, and the RSI is rebounding from low levels. Multiple technical signals are resonating, confirming that the short-term rebound structure is intact, with further upward potential. Currently, influenced heavily by news, if the price cannot go higher, a reversal to short positions is possible.
Trading suggestion:
Buy near 68,000-68,300, with targets around 69,500-70,000.