Futures
Hundreds of contracts settled in USDT or BTC
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Futures Kickoff
Get prepared for your futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to experience 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
BTC and ETH are now in a "weak oversold sideways consolidation in a downtrend," which is a typical downtrend continuation;
Although there are short-term rebound conditions, the medium-term structure remains bearish; the true direction depends on the five major economic events announced intensively over the next two days, as mentioned in the previous tweet. The most influential are tonight at 9:30 PM US CPI data (if the data exceeds expectations, expect further decline) and tomorrow at 11:00 AM Japan interest rate decision (likely rate hike, continue to fall);
The current volume-consolidation is essentially a three-way tug-of-war: the bearish trend is not over + short-term oversold + macro uncertainties not yet resolved. The medium to short-term main trend continues downward, and each rebound is an opportunity to open short positions and sell. BTC will first test the $80,000 support, then $74,000; ETH targets are $2,350 and $2,000;
Of course, the current prices are already oversold, and it's time to test your courage to buy the dip. Do you dare to buy?