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
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
There is something that many traders watching the market in recent days have been paying attention to: the heat of the altcoin season is decreasing. The strategy shared recently by 0xSun exactly reflects this — taking long positions in Bitcoin while holding short positions in selected altcoins.
Why does this strategy seem reasonable right now? First of all, news-driven trades still remain quite effective in terms of cost. Abnormal trading activities in ETH and developments like the security incident at KelpDAO create directional momentum and volatility in the market. Such events present opportunities for traders who catch the right timing.
But the situation on the altcoin side appears somewhat different. The weakening of liquidity and the fading of market narratives continue to put pressure on altcoins. This is the main reason experienced traders like 0xSun prefer to take short positions in the altcoin market.
Overall, the contrast between Bitcoin remaining strong and the slowdown of the altcoin season is the most prominent trend in the market right now. It’s clear that the altcoin sector is more sensitive during this period, which is why such differentiated strategies are gaining prominence.