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The intraday market movement is still quite clear. Bitcoin stabilized around 71,600 in the morning and then gradually rose. Although there were fluctuations during the session, the overall rhythm consistently centered on "the lows continuously moving higher," forming a typical oscillating upward structure. In the afternoon, it broke through and stood above around 74,500, then entered a high-level sideways consolidation. In the evening, it surged again to near 76,000 before pulling back, but the decline was limited, and it remained at a high level overall. Ethereum's trend was synchronized, rising from above 2,200 to around 2,400, pulling back after reaching 2,416 to around 2,350. The intraday process was also one of gradually raising the center of gravity. Actually, this kind of market isn't hard to trade; the key is whether you can see the direction clearly from the start. In the morning, we provided a long-side buy idea, and the entire intraday was basically based on this direction, with a good structural match, and continuous feedback of results from the actual trading. As always, the market never lacks opportunities; what’s missing is the courage to execute when opportunities appear. Many people miss the market while hesitating, and those who can truly succeed are often just a small group willing to follow the rhythm.
From the current market structure perspective, the daily chart of Bitcoin is still in a phase of upward correction. After the previous decline, it did not form a trend of sharp decline but gradually recovered through consecutive bullish candles. The current market has returned above the previous dense trading zone, with the daily lows raised and highs gradually approaching the previous high, forming a typical bullish recovery structure. The trend remains upward, but a single-sided acceleration has not yet formed. Looking at the 4-hour level, after this round of rally from low levels, there was no breakdown and pullback; instead, a sideways consolidation zone formed at high levels. The market was repeatedly resisted near 76,000, but the pullbacks below always stayed above 74,500. The range is gradually narrowing, indicating strong consolidation after an upward move rather than a sign of weakening, suggesting bulls have not exited but are mainly rotating positions at high levels. On the 1-hour level, after the evening surge and pullback, the short-term structure shifted from a single upward trend to a range-bound oscillation. The highs no longer clearly lifted, but the lows also did not break key support. Overall, it’s operating within a converging range. This structure is essentially a rebalancing after energy release, not a trend reversal. Ethereum's structure is synchronized but slightly weaker than Bitcoin, with more obvious resistance at high levels. Overall, the current market is in a consolidation phase after an upward move. The trend has not ended, and the structure is not broken. The subsequent strategy remains mainly to follow the trend and go long; consolidation is part of the process, not the end.