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
Just checked Solscan and I see that the altcoins are in the red zone today. SOL was especially affected — down 3.5% to $85.40. It seems like the entire altseason is trending downward along with it.
The question, of course, is what’s happening. Is this just a wave of selling amid BTC movement, or is a serious rotation in portfolios beginning? This morning, it seemed like everything was moving synchronously, but such declines in altcoins usually indicate either a capital outflow into BTC or a general outflow from the market.
What do you think — is this a correction before a recovery or a warning to be cautious?