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
Morning Analysis
From the 1-hour timeframe perspective, price has declined with volume from the highs, consecutively breaking through the lower Bollinger Band and multiple short-term moving average support levels. The short-term bearish trend is now fully established. Current weak rebound strength is subdued, with the entire rebound pressured by moving average resistance. Trading volume continues to shrink, and the rebound lacks momentum support.
From an indicator perspective, while KDJ shows minor recovery, it remains below the 50 midline throughout, failing to form effective reversal signals or turning points—merely representing oversold weak recovery. Price has refreshed the stage low at 70456, and the rebound failed to recover the midpoint of the previous large bearish candle. Selling pressure remains substantial, with a higher probability of further decline in the short term.
Trading Recommendations
BTC (Bitcoin) short from around 71500, target around 70000
ETH (Ethereum) short from around 2220, target around 2150