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
Here, we have compiled different styles of motivational quotes in the crypto world, balancing emotional reassurance, investment cognition, and inspirational motivation, while also including risk warnings. You can choose according to your needs. Yesterday, we adopted a high-position trading strategy, and the market once again moved as expected. In the afternoon, Bitcoin and Ethereum surged to around 83,300 and 2,760 respectively for entry. Overnight, the market fluctuated downward, with the lowest reaching around 81,800 and 2,640.
The direct cause of this market crash was a sudden shift in Federal Reserve policy expectations: Trump nominated hawkish Kevin Waugh as Federal Reserve Chair, and the market generally expected him to accelerate balance sheet reduction and delay interest rate cuts, triggering concerns over tightening dollar liquidity. Meanwhile, silver plummeted 17% in a single day, causing panic in the commodities market. Coupled with the tech sector's decline in the US stock market, this intensified the sell-off of risk assets, represented by cryptocurrencies.
From a technical perspective, Bitcoin's daily chart shows small bearish candles with oscillation, indicating fierce battle between bulls and bears. The moving averages are in a bearish alignment, forming clear resistance; Bollinger Bands are widening, and the price is approaching overbought territory, suggesting that bearish momentum remains strong but there is a technical need to revert to the midline. The key resistance zone is between 84,500 and 85,000.
Currently, the overall market is in the "rebound correction within a downtrend" phase. Although some signs of stabilization have appeared, the bearish trend has not been fundamentally reversed. It is recommended to mainly operate by shorting on rebounds. Given that weekend trading volume usually slows down, targets should not be too aggressive, and timely profit-taking and securing gains are advised.
Trading Suggestions:
Short around 84,500 for Bitcoin, target 82,000
Short around 2,750 for Ethereum, target 2,500