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
I'm short Bitcoin from $74K. Here's why.
Price swept liquidity above the previous range high and is now trying to hold that level as support. On the surface, that looks constructive, but when you zoom out, there's no rate cut from the Fed, a rate hike in Australia. Macro bias on HTFs is bearish across the board.
This is one of the most important levels Bitcoin has to hold right now. If buyers can't defend the previous range high as support here, we trade back toward range lows in the low $60Ks.
I don't think they hold it. Invalidation is clear, if BTC reclaims and holds above $74K with conviction, I'm wrong and I'll cut it. But until then, the macro is doing the talking and it's not saying what bulls want to hear.