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
$BTC /USDT BEARISH REVERSAL FORMING — WATCH THE SUPPORT ZONE AT $104K!
#Bitcoin is struggling below the $108K resistance, with consecutive lower highs indicating seller strength. Price has now dropped to $104,800, and if it breaks below $104,000, further downside toward $102,000–$100,000 is likely. Short-term pressure is building, and buyers are losing momentum on the 1H chart.
Trade Setup (SHORT):
Entry Price: $105,500 – $107,000
Target 1: $103,000
Target 2: $101,500
Stop Loss: $108,200
Why Short?
The rejection from $108K and persistent lower high structure signal a bearish reversal. Volume is fading as price tests lower support levels, hinting that bulls are stepping back. A breakdown below $104K would confirm further downside toward psychological support at $100K.
Risk Management Tip:
Only trade with SL above $108,200. Structure shifts if BTC reclaims and holds above that level — always protect capital first.
Sell smart — don’t chase green candles when the trend is turning red!