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
The rebound today is quite strong, mainly due to macro factors, such as the end of QT by the Federal Reserve and Vanguard Group's policy allowing crypto ETFs. Additionally, capital accumulation reached as high as 800-900 million, which is quite a lot. At this point, many people might think that the main players are accumulating positions, but it's not that simple. Because during the accumulation process, price swings are usually very small to ensure the chips they buy are at a low price, but currently, the market is being pushed up directly, so the probability of a bull trap is higher. Looking at the current market, the price of ETH is already close to the horizontal resistance zone, so it is advisable not to chase the rally in the short term.
ETH: Short at 3064, target 2964, stop loss 40 points #BTC #ETH