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
Has this wave of market already made profits? If you followed the bullish strategy at noon and went long after the 3000 breakdown, you should have already gained close to 40 points, with a high of 3038.42.
But here’s a problem: since you've already made a profit, don’t chase aggressively around 3015. What you're experiencing now is a typical "shakeout" phase, and the real test is in the 3000-3010 range. As long as 3000 holds, the bulls still have a chance.
**Details of the Bull-Bear Battle**
From the bullish side, the afternoon rally was indeed fierce, setting a new intraday high. But the 15-minute candlestick chart shows that after reaching 3038, it immediately pulled back with two bearish candles, indicating strong selling pressure above. Profit-taking orders are fleeing, which is normal.
What has changed about the support level? Previously, 3000 was a resistance level, but after breaking through successfully, it has now turned into support. This is the classic "top-bottom reversal" in technical analysis — a breakout resistance level becomes a support during pullbacks.
Why does the main force shake out the market? It’s simple: if they don’t clear out the stubborn chips, the market can’t be pushed higher later. The current decline is healthy and not a bad thing.
**Evening Focus (Keep an Eye on the 3000 Level)**
**Scenario 1: Bulls continue to buy on dips (probability about 60%)**
In a strong market, as long as the key support at 3000 isn’t broken on a pullback, it’s a good entry point. If the price stabilizes around 3005-3010 and confirms with a lower shadow on the 15-minute chart, you can gradually build long positions in that range. The initial target is the previous high of 3038; if broken, the next target is directly at 3056.
The key is whether this support is truly broken — whether it breaks or holds, the situation will be completely different.