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Just now during the chat, I remembered something I need to remind you of.
1. Although I currently hold a short position, it's no longer a matter of being bullish or bearish. The range that has been consolidating for a week has been broken, and it's an upward breakout. As a normal person, you understand that an upward breakout indicates a correction to go long. At this point, the 3025-3055 level is the upper boundary of the previous consolidation range, which is the best and most reasonable level for a long position.
2. Those who have no positions or who were stopped out last night, based on the first point, your initial thought should be to go long. You should even stop thinking about shorting because the trend is to correct and go long. Do you understand what I mean?
3. Someone asked, since it's a bullish trend now, does that mean you, Li Jiaxin, are crazy and still short?
Let me say it again! I am bearish. My chart structure on this level requires a move back below 2800, or to give you an example with the same technical line—if it breaks, it’s bullish; if it doesn’t, it’s bearish. This trend line, the same trend line, creates two types of people: one who sees the break and goes long, and another who doesn’t see the break and shorts. I am part of the bearish group. Of course, I want to sarcastically point out that some broadcasters see both the break and the no-break, so they are right in both directions, and they don’t bother explaining this third perspective.
4. How did the 3025 level come about? As I mentioned in the first point, the 3025-3055 range is a support zone. I don’t see the market going bearish all the way to 3025, but I do see it going down to 2800. You shouldn’t interpret the partial short positions at 3025 as a target to short at the current price. This level is the best activation point for my short positions that are currently trapped. Once I reach this point, I can activate and manage my positions.
I don’t know if you can understand what I’m saying. I’m not bearish down to 3025; I am bearish down to 2800. The 3025 level is just a point along the way to rationalize my positions. In other words, if you don’t have positions, the levels 3085/3055/3025 are your points for a bullish mindset. You shouldn’t treat 3085 as your take-profit point for a short at the current price. If you want to short at the current price and aim for 3025, or hold a short to 3055/3085, it’s actually the same position. These three levels aren’t determined by your subjective judgment of which is closer or farther; they are your basis for judging right or wrong. You probably don’t understand this. Simply put, for those without positions, going long at any of these levels—3025, 3055, or 3085—is reasonable. It’s not that 3025 can give you more profit when going long.