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
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
This week has generally been about a bullish outlook, with a couple of short positions taken in the opposite direction occasionally. Overall, the approach has been validated, and I won't emphasize each point here; you can refer to my previous posts and compare them with the candlestick charts to take a good look.
This week's market trends have been pretty much grasped, especially when it was close to breaking the 100,000 mark. At that time, everyone was bearish and said it would break 100,000, but I was firmly bullish and directly captured more than 2,000 points in a rebound.
The trading strategy for next week still focuses on shorting. Bitcoin dropped to around 100,400 points, almost breaking the 100,000 mark. At that time, everyone was probably feeling sleepy as a waterfall decline was imminent, but then it started to rebound, currently reaching around 105,800 points. Moreover, the market movements over the weekend were characterized by a slow decline followed by a sharp rise, leaving people completely dazed.
The medium to long-term perspective is that Bitcoin will definitely come below 100,000, but everyone must pay attention to the breakthrough of the resistance level above. The resistance levels above are at 107,000-108,000-108,500. However, as long as it can break the previous low below, it will definitely break 100,000. But everyone must pay attention, the 100,000 point is still very critical, and it is not so easy to break through directly. So we need a bit of patience for Bitcoin to break through.
From the 1-hour K-line of Bitcoin, the rebound has reached just below the upper band of the Bollinger Bands, and attempts to break through have been unsuccessful multiple times. The pressure above is still relatively high, but it seems that it won't be coming down anytime soon. After all, there are many short positions trapped below. There will definitely be a pull-up to squeeze out the shorts before it starts to decline.
The Air Force don't need to rush, just stay steady.