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
More
Black swan-style rapid crashes are actually more likely to reveal the bottom. Once panic emotions are fully released and bottom-fishing funds follow suit, this is the prelude to a V-shaped reversal.
But this is completely different from a prolonged decline caused by technical breakdowns. A market that falls for several months tests patience the most.
If BTC were to suddenly drop with a large bearish candle now, I would actually think it might be a good thing. It would thoroughly shake out the impatient bulls, allowing the bottom to truly solidify. This is more conducive to the sustainability of subsequent rebounds.
Looking at some new projects, claiming to be a combination of AI+RWA+cross-chain, it’s basically just mixing all the hot concepts together—there’s always one that will explode. MACD momentum changes? This kind of rebound phenomenon can be seen in every bottomed altcoin; that’s just oversold rebounds, not value discovery.
What is the current situation in the oracle track? A leading oracle project has already captured most of the market share. Latecomers either rely solely on speculative hype to survive or are just riding the hot trend. Does the market really need so many oracles?
Why are the community so optimistic? Because most people are trapped and have no choice but to be optimistic. The reality is, apart from a few top projects, others are just waiting for the next bull market to get out of their positions. Homogeneous projects are clustered together, and where the real opportunities are hiding is still hard to say.
A decline lasting several months is the real test, much more brutal than a quick plunge.
Listening to optimistic views during a trap is just for entertainment.
The oracle track is already rotten through, there's no need for so many projects.
BTC's big bearish candle actually feels refreshing, washing out all the bagholders.
Most new projects are just a patchwork of concepts, AI + RWA + cross-chain, anyone can hype them up.
Except for the top projects, everyone else is waiting to be rescued, this situation is really quite ironic.
Where the bottom truly is, is hard to say; opportunities are becoming increasingly difficult to find.
The real difficulty is those slow declines, which test people much more than rapid crashes.
That bunch of follow-the-trend oracles... honestly, besides the top projects, they're just炒剩饭 (recycling leftovers). People caught in them can only grit their teeth and stay optimistic.
People who are trapped are of course optimistic; what else can they do?
A big bearish candle shakeout is the real deal; the impatient should exit.
The oracle track has been saturated for a long time; the top players are eating the meat, others are drinking the soup.
A decline lasting several months tests not just technicals but also mentality.
Looking at these AI + RWA + cross-chain projects just makes me annoyed; it's just a hodgepodge of concepts.
Waiting for the next bull market to get out of trouble? Most people probably won't wait that long.
A black swan-style crash can actually reveal where the bottom is.
No one can say for sure where the real opportunity is; clustering into homogeneous projects is the end of it.
Breaking down and falling sharply is really different from a quick plunge; this must be acknowledged.
To be honest, most new projects nowadays are just a jumble of concepts and can't really stand on their own feet.
The oracle track also seems to be pretty much the same, with Chainlink dominating alone; others are either speculative or just riding along.
Only when you're trapped can you understand what "optimism" really means, haha.
The truly valuable assets have long been eaten up by the leading projects.
Holding onto projects now to unlock gains in the next bull market doesn't really make much sense.
That new project with AI+RWA+cross-chain sounds like a hodgepodge; it's really just luck.
The oracle track has long been monopolized by top players; there’s no room for new projects.
Most people are optimistic because they’re caught in it; they’re just forced to be optimistic.
A big bearish candle on BTC to shake out traders is actually quite healthy, clearing out the impatience.
A drop that lasts for months is truly terrifying; black swan events tend to bottom out quickly.
What are you still researching MACD for? Just look at those coins that have hit rock bottom, and you'll understand.
Top projects are okay, but there are really too many homogeneous trash projects.
Most people are thinking the same: waiting for the next bull market to get out of their positions.