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
Futures Kickoff
Get prepared for your futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to experience 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
Must open short positions
From the 4-hour structure, after a rebound, the price has returned below the middle Bollinger Band, indicating a generally weak and oscillating pattern. The middle band around 69,000 is forming resistance, and the upper band moving down suggests the trend has not truly strengthened. Support below is concentrated around 66,000; if broken, a further decline to previous lows cannot be ruled out.
The current rhythm is a retracement phase after a weak rebound, with insufficient bullish continuation.
Intraday trading strategy
Monitor the resistance around 68,500 to 69,000 during the rebound; prioritize shorting
Watch the support at 66,000 below; if broken, look at the 64,500 to 63,000 range
If the price firmly stays above 69,000, be cautious with short positions; short-term may shift to oscillation and correction
Overall, maintain a rebound and short-selling approach; quick in and out, control position size, avoid chasing orders
$BTC #I'm celebrating the New Year at Gate Square