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
More
Monday, full of energy to start a new week!
Currently, Bitcoin is fluctuating around 66,000, and the medium-term trend remains bearish. The early rebound lacks sufficient volume and strength, which is a typical correction within a downtrend rather than a trend reversal. It is recommended to mainly consider short positions on rallies.
Focus on the strong resistance zone between 67,200 and 67,500, which is a confluence of moving averages and Bollinger Bands pressure. A rebound to this level encountering resistance presents a relatively safe shorting opportunity, with a stop-loss set above 68,800. If this level is broken effectively, the short-term bearish structure needs to be reassessed.
It is advised to consider short positions around 66,800, with initial support at the 66,000 level. If broken, further downside targets include the previous low at 65,000 and the medium-term support at 64,500.