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
Next station, all ground troops go ashore to escape the trap!
Many brothers have been asking in the past two days:
Will the short positions that are trapped still fall? Is a bull run coming?
My view is very clear— the overall trend remains bearish, and 66,500 is still a key target level.
That morning’s waterfall was actually caused by everyone knowing the reason:
The US-Iran negotiations failed to reach an agreement, in other words, they collapsed.
Such things are inherently difficult to succeed, and once the news drops, the market naturally reacts.
Here's a key point:
Just yesterday, breaking through 73,000, many started chasing longs, thinking the trend had changed,
But what happened? They were immediately caught at high levels.
Rising to chase, falling to chase, this kind of operation is very easy to be repeatedly harvested.
Think about one more thing:
If they really wanted to push the price up, they would have already surged past 76,000 in one go,
Would they still be hesitating and bouncing around like this?
Looking at the market details:
Although the 4-hour chart shows oscillation upward, the MACD is already showing a top divergence,
The daily chart has already topped the upper band, leaving limited space above.
Chasing longs at this position is basically setting oneself up for a trap.
Combined with the environment:
The overall sentiment is still bearish,
What is the purpose of a bear market rally?
It’s not to make you money, but to induce longs, shake out traders, and harvest.
There isn’t much trapped in the upper levels, it looks easy to push,
But think from another angle—without liquidity, without anyone to take the other side, why would the main force push?
So the overall strategy doesn’t need to change:
Take it slow, don’t be led by short-term rebounds,
In a bear market, shorting remains the most cost-effective.
In one sentence:
A rebound is an opportunity, the trend hasn’t changed, and a bigger decline is still on the way. #Gate现货衍生品双双冲进全球前三 #Gate广场四月发帖挑战 #Meta推出AI模型MuseSpark $BTC $GT $ETH