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
Bitcoin has been moving a bit interestingly lately. It has risen close to $71,000, but looking at the traders' behavior, it seems many are cautious about downside risks from here. Apparently, buy support orders are increasing, creating a kind of support level.
In the short term, upward movement might be heavy. The price action around this area feels like it's being influenced by institutional investors and large traders. Many are probably adjusting their positions to prepare for downside risks, so rather than aggressively aiming for higher prices, it might be wiser to wait and see for now.
Market sentiment suggests that the key will be how the price moves from here. Whether the support levels hold firmly is the point to watch.