Futures
Access hundreds of perpetual contracts
CFD
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
CFD
U.S. stock CFD derivatives
US Stocks
Access real US stocks and ETFs
HK Stocks
Trade quality Hong Kong-listed stocks
Stock Futures
High leverage, 24/7 trading
Tokenized Stocks
Backed by real stock assets
IPO Access
Unlock full access to global stock IPOs
GUSD
Mint GUSD for Treasury RWA yields
Stocks Activities
Trade Popular Stocks and Unlock Generous Airdrops
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
IPO Access
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
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
Crypto Circle Academician: June 19 Bitcoin Day - In-Depth Analysis of the 4-Hour Chart! Latest Market Analysis and Trading Suggestions
Bitcoin current price is 62,600, having learned a lesson. Indeed, all pullbacks are traps. From the daily K-line, Bitcoin is currently closing at 62,619 points, with the price breaking below short-term moving averages such as EMA15 and EMA30. The overall moving averages are arranged downward, with EMA60 above around 70,000 forming strong resistance, indicating a bearish trend. The MACD indicator shows DIF and DEA still operating below the zero line. Although the green bars are shrinking, the downward momentum has not fully exhausted. The Bollinger Bands are opening downward, with the price breaking below the middle band, currently near the lower band, which is around 57,600 points. The daily rebound strength is weak, and the overall trend remains in a downward channel, with no clear reversal signals. In the short term, the market mainly consolidates weakly with oscillations.
On the 4-hour chart, Bitcoin's current price is 62,627 points, once again breaking below the EMA15 short-term moving average. The moving average system has turned downward again, ending the upward trend. The MACD DIF line has crossed below the DEA line, and the green bars are expanding, restarting the downward momentum. The Bollinger Bands' middle band is around 65,200, exerting resistance. After breaking below the middle band, the price moved toward the lower band at 62,690, which has been temporarily broken. The 4-hour rebound has failed, and the downward trend has regained control. The short-term rebound highs are decreasing, and the downward trend is quite persistent. Trading should follow the downward approach, beware of short-term rebounds that may be traps.
Short-term trading ideas: Follow the larger cycle trend, with quick small stops, entering and exiting rapidly.
Support at 61,000 to 60,500, stop-loss at 60,000, target at 62,000 to 63,000.
Resistance at 64,500 to 65,000, with a short position, stop-loss at 65,500, target at 63,500 to 62,500.
Specific operations should be based on real-time market data. For more information, contact the author. The article may have delays; use for reference at your own risk.