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
Ethereum is currently in a typical bidirectional leveraged game range, with liquidation pressure in the market highly concentrated:
👉 If the price breaks above $2,417
The liquidation volume on major exchanges for short positions is about $499 million
👉 If the price falls below $2,213
The liquidation volume on major exchanges for long positions is about $499 million
This means that ETH is currently in a very typical structure:
There are “liquidity magnets” on both the upside and downside, so price is more easily pulled into volatility by the liquidation range.
In this environment, the market’s short-term direction is often not determined by the trend, but by which side’s leverage gets triggered for liquidation first. $ETH