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#加密市场回调
The market has not bottomed out yet, but it’s already a good time to buy the dip.
Waking up in the morning, a sharp decline and washing my face have become the norm. 😭😭 This morning, Bitcoin hit a new low of $72,888 during this round of correction, Ethereum is even more fragile, with a low of $2,108. The market is very bearish, but the so-called “buy when no one is paying attention,” Little Wealth God believes that the “buy buy buy” opportunity is coming soon.
👉 Technical analysis: Currently, on the 4-hour chart, the MACD is about to form a death cross. On the daily chart, the price is clearly suppressed by the 5-day moving average, and it is falling along the lower Bollinger Band. The options market’s bearish sentiment is intensifying, with open interest in put options skyrocketing, reflecting investors’ defensive positioning against downside risk. In the short term, bears will likely continue to dominate the market; however, it’s important to note that the weekly Bollinger Band shows the price approaching the lower band and deviating significantly from the MA5, indicating oversold conditions. There are no clear reversal signals yet, and since the current lowest price is close to the 70,000 mark—historically, prices tend to rebound strongly after breaking below an integer level—the closer we get to 70,000, the better the opportunity to go long and buy the dip.
👉 Position management: The ideal time for spot buying and holding “full position steadfastness”
Due to my bearish outlook, I chose to short during the previous decline and hold a short position in spot. As the decline continues, I will gradually buy more spot Ethereum and some quality altcoins. If Bitcoin drops below the 70,000 USD mark, I will “hold full position and wait for the rally.” Looking back, every bull or bear market ends in unexpected ways. Forcing predictions of market tops and bottoms is often futile. The best approach is to enter positions at the right points and then be friends with time.
👉 My profit secret: Reduce leverage, take profits in time, and hedge risks with gold and silver during dips
As market volatility increases, under the premise of a bearish outlook, I have reduced my leverage to avoid large profit retracements or hitting stop-losses due to rebounds. I have also started taking profits in batches. Following the principle of “don’t put all your eggs in one basket,” I increased my holdings of XAUT and XAG gold and silver with low leverage during the recent decline to hedge risks.
👉 Future focus: Geopolitical developments caused by the Iran situation
On the news front, there are two recent positives: first, Trump signed the appropriations bill today, ending the partial government shutdown; second, the hawkish new Fed Chair is expected to continue the rate-cutting path under Trump’s pressure.
The biggest uncertainty moving forward is the Iran situation. If the US and Iran go to war, oil prices and gold and silver prices will surge, which is good news for those investing in precious metals and trading crude oil in traditional finance. Additionally, if the situation worsens, it will also impact the crypto market.