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
#比特币创下近一月新高
Is the Federal Reserve's rate cut path about to restart? On March 5th, U.S. President Trump officially nominated former senior Federal Reserve official Kevin Warsh to succeed as the next Fed Chair, indicating that the U.S. president is one step closer to appointing a 'rate-cutting' Fed chief. This move will undoubtedly reignite market expectations for a Fed rate cut.
👉Who is Kevin Warsh?
Warsh joined the Federal Reserve in 2006. During his tenure, he held a hawkish stance on monetary policy but has recently shifted to support Trump's tariff policies and a faster rate cut stance. In December last year, Warsh publicly stated that productivity gains from artificial intelligence would help the economy grow faster without fueling inflation, enabling the Fed to lower borrowing costs. Therefore, Warsh is optimistic about lowering the federal funds rate.
However, it is important to note that due to U.S. military actions against Iran, tensions in the Middle East have caused U.S. oil prices to surge significantly, adding new variables to inflation trends. As the U.S. Senate blocked Trump's Iran sanctions vote, the likelihood of a U.S.-Iran war escalating remains, and oil prices may continue to rise. This also creates substantial resistance to Fed rate cuts. Currently, financial markets are betting that the Fed will not cut rates until at least July.
In summary, the nomination of Warsh as the next Fed Chair is a long-term positive for rate cuts, but short-term developments such as the U.S.-Iran conflict need to be monitored. However, the Bitcoin market is already "impatient," with an 8% surge yesterday, reaching a high of $74,050. Today, it slightly retreated but remains above $70,000, indicating that a daily rebound may have already begun. Given the current market situation, my strategy is to hold spot positions and wait, while also opening long positions on dips in the futures market to amplify gains.
✅Reason: Currently, from a technical perspective, the daily RSI indicator has not entered the overbought zone but has moved out of the weak zone, showing improved market momentum. The KDJ trend is healthy, and the MACD histogram is gradually enlarging, maintaining a bullish trend. The outlook remains optimistic; if the price can hold above $70,000, it may challenge the next resistance around 78,600 on the daily chart.
✅My deployment strategy: Since I have already positioned in spot at low levels and have some gains, I will hold my coins and wait for further increases. In the futures market, I plan to open multiple long positions around $70,000, with a total position size of about 50%.
Take profit target: around 78,600
Stop-loss setting: around 69,900
How are your current positions? What are your views on the future market? Feel free to leave comments and discuss. Wishing everyone a prosperous Year of the Horse, and may you get rich every day!