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
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
Gate MCP
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 30+ AI models, with 0% extra fees
The market will never stay the same forever; trading is always about going with the trend.
The early morning attempt to buy long was just a test of the market, and when the trend reversed in the afternoon, it was necessary to admit the mistake and change direction promptly.
There's no need to worry about short-term misjudgments; gains and losses in the crypto world are normal.
Understanding how to read the market, cut losses in time, and adjust the rhythm is the key to long-term survival.
Don't stubbornly go against the trend, don't greedily chase highs, give up attachments, and follow the mainstream of the bears.
Today’s overall market surged early but faced resistance, with Bitcoin dropping from 79,485 in the morning to 77,465 in a one-way decline, and Ethereum from 2,347 to a high of 2,403, attempting to push higher and refresh local highs.
However, the bulls lacked sufficient momentum, faced obstacles, and then oscillated back down without continuing the strong breakout trend.
The early session saw repeated sideways consolidation at high levels.
In the early morning, Bitcoin surged to a high of 79,485 but failed to break through multiple attempts.
Subsequently, the market turned downward.
The current chart has already broken below the short-term key support level from the early session, and the 4-hour indicators are collectively turning negative.
The rebound and decline pattern is obvious, and the bullish support has been completely lost.
Now, the market's rebounds are just weak recoveries; if the rebound does not continue, it’s a classic shorting opportunity!
Ethereum's entire movement is linked to Bitcoin’s trend.
In the early session, it followed the surge, faced resistance, and fell back.
Overall, its trend is weaker than Bitcoin’s, with no independent rebound pattern.
The support level in the early session has now been effectively broken, forming a short-term bearish resonance, and the market’s ability to hold is very poor.
Bitcoin: 78,200 bearish, target: 76,300
Ethereum: 2,350 bearish, target: 2,210