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
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Good news! The US-Iran talks have brought the first positive signal, but be careful, Bitcoin is about to face a major crisis! Let’s take a look.
1. First, regarding the US-Iran talks, just now, the US agreed to unfreeze Iran’s overseas assets, which is a very good sign of concession. I believe the chances of an agreement being reached are very high! But, it seems Bitcoin has encountered some trouble...?
2. Bitcoin is now approaching a major trendline resistance, roughly around 75k. Once it starts to pull back from here, the correction could be quite large, possibly marking the end of this rebound. After all, Bitcoin has been consolidating for over two months since dropping to 60k in early February, and time is running out for Bitcoin.
3. The last sharp decline was triggered before the January Bitcoin fake breakout above 98,000. If this time also sees a fake breakout, for example, a breakthrough to 77k during the talks, be cautious—this might not be a real breakout but a trap. Even if it does break out and rise, touching the nearby resistance zone could lead to a pullback, which is normal, and small profits can be taken.
4. So, going long on Bitcoin is fine, but do it early. We started buying on dips around 70k, and most of the profits have already been taken. When the price exceeds 74k, the risk-reward ratio becomes poor, and the risk increases. Even buying on dips carries risks. Cherish this last safe period; if the pullback reaches 71,500–72k, I will consider adding another position. Beyond that, be cautious.
5. Additionally, ZEC is very close to our short target level. The ideal short price is 415, but I think starting to short at 400 is also okay. After a rapid rise, there’s a significant room for a correction later.
6. As for oil, it’s dropping again, and it looks like it’s not going to hold. Our short position at 115 can be exited on dips. As for Bitcoin long positions, we’ve gained quite a bit in recent days. After the ceasefire, we bought on dips multiple times and have already reached 73k. Congratulations to everyone!