Futures
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TradFi
Gold
One platform for global traditional assets
Options
Hot
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Introduction to Futures Trading
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Demo Trading
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Launch
CandyDrop
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Launchpool
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Launchpad
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Alpha Points
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Futures Points
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Analyzing the hourly Candlestick Chart, the market has shown a clear pump phenomenon followed by a rapid pullback. The buying volume during this surge has started to weaken, indicating that short-term long positions sentiment has been released to its maximum level. In this situation, continuing to chase the price could very likely turn you into a high-level catch a falling knife!
Based on technical analysis, the price is likely to pull back to the 25 range tonight. Market opportunities are fleeting, and the key question is: when the market rises, did you seize the opportunity?
True trading skills are not just about identifying entry points; more importantly, it's about knowing when to exit and take profits. Many traders focus on market fluctuations every day but still fail to achieve profitability. The fundamental reason is that they have not grasped the market rhythm. Mastering the timing of entry and exit is the real core skill in trading.