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Points
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Futures
Futures
Hundreds of contracts settled in USDT or BTC
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HOT
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Alpha Points
NEW
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NEW
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Earn interests with idle tokens
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Pledge one crypto to borrow another
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One-stop lending hub
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Customized wealth management empowers your assets growth
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Customized asset management to grow your digital assets
Quant Fund
Top asset management team helps you profit without hassle
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Stake cryptos to earn in PoS products
Smart Leverage
NEW
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GUSD Minting
Use USDT/USDC to mint GUSD for treasury-level yields
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20 USDT
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$BTC 7.5 Bitcoin price today's market: Bitcoin is currently at 108,200, Ether is at 2517, all long orders are advised to take profit!
Currently, the overall mid to long-term upward direction of Bitcoin has not changed at all, still rising from 74,457 to 111,959 in a large wave. However, the depth of the spike drop last night tends to suggest that the decline from 111,959 is just a W wave, and this wave of rise is the X wave, meaning that the correction of the Y wave has not yet emerged. This indicates that there may still be a drop probing near 100,000, which is the retracement of the Y wave.
In summary, all long orders for both medium to long term and short term have been taken profit. Open a short order around 108800 for Bitcoin, laying out a wave y short, with a default stop loss of 5 points on the spot.