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
Futures Kickoff
Get prepared for your futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to experience 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
This week, BTC surged then pulled back. After testing the key resistance at 74,000, it retreated. Currently, it is consolidating around the 67,000 level, with bulls and bears entering a critical battle phase.
Market Review
During the week, it experienced a strong rally, reaching a high of 73,900, approaching an important two-year reversal zone between 73,750 and 74,400.
This zone has historically been a key support and resistance area, serving as a major dividing line for this rebound.
After a short-term surge, profit-taking caused the price to retreat to the 70,000 support level. Trading volume gradually decreased, and selling pressure eased.
Technical Analysis
Daily Chart: The rebound structure remains intact; 70,000 is the short-term support line for bulls and bears.
Four-Hour Chart: Price correction at high levels, indicators are recovering, waiting for a clear direction.
Key Conclusion: Holding above 67,000 suggests a sideways to bullish trend.
If BTC can effectively break through this zone, a new upward rally may begin.
Next Week's Long-term Trading Suggestions
Bitcoin
Buy on dips below 66,800, add positions around 68,000.
Target first at 73,000; after breaking through, look toward 75,000.
Altcoin
Place long positions below 1,920.
Target first at 2,200; after breaking through, aim for around 2,500.