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
Friday Bitcoin and Ethereum Operating Strategy:
The market never lacks opportunities; what's lacking is the patience to wait for them and the confidence to seize them. Rather than exhausting yourself in chaotic volatility, it's better to calm down and cultivate deep industry expertise. When your knowledge matches your wealth aspirations, fortune will naturally flow your way. Last night and around midnight, shorts broke positions again forming continuation. Bitcoin touched a low of 68,750 before stopping and rebounding. Currently, the highest rebound reached 70,655 before slowing and weakening again. Ethereum broke below the 2,100 level at midnight, touching around 2,098 before stopping and rebounding. Currently, the highest rebound reached 2,159 before facing pressure again. Yesterday afternoon, Bitcoin shorted at 70,400, and in the evening precisely hit the stop loss at 69,000, gaining 1,400 points of space. Ethereum was signaled to short at 2,183 in the afternoon; in the evening, it similarly hit the stop loss at 2,100 position, gaining over 80 points of space. In the crypto trend, following the right person = getting information advantages + avoiding 90% of pitfalls + minimizing losses; but following the wrong person = getting harvested, liquidation, total loss.
From the current chart perspective, the daily level continues to close with a yin candle, closing below the midline, forming three consecutive yin candles. Yesterday it broke below the midline with strong momentum; currently it's back near the midline, which is the key contested area around the 70,000 level. In the current overall structure, the short-term market sentiment remains strongly bearish, and powerful rebound corrections haven't materialized yet. Instead, overhead resistance levels continue to lower. Yesterday's continuous downside exploration opened space with force and continuation; the recent trend is quite clear. Friday and week-end nodes: on smaller timeframes, short-term we expect a rebound first, then downward movement. Currently entering a bullish rebound correction phase, which is the most common rhythm recently—pullbacks accompanied by rebounds, with higher highs declining and lower lows refreshing, which can be said to be a healthy bearish pattern. Rebound space is fuel for bears—one rebound creates one new low, forming an extremely weak pattern. For today's operations, we first observe the extent of bullish rebound, then choose timing to enter shorts.
Friday Bitcoin can short near 71,000-70,800, with targets on 69,000-68,000.
Ethereum can short near 2,150-2,160, with targets first on 2,050-2,000. #PI #BTC #ETH