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
【Ethereum 12.20 Market Quick Read】Trendline Breakout, New High Achieved
Today ETH broke through that critical resistance, followed by a new high. What does this mean? Simply put—every correction should be seen as an entry opportunity. Don't listen to those saying "a drop means it's over," the market is always testing back and forth.
I've marked all the specific levels, compare them yourself. After this breakout, there's a key point to watch: if the price doesn't accelerate upward after breaking the level, you need to stay alert and defend your position. If it falls back below the trendline, plans need to be adjusted.
The signal I sent yesterday was fulfilled today—once the trendline was broken, profits were generated. The current logic is clear— as long as the price doesn't fall back below this line, proceed with an upward strategy. The potential for gains is still quite substantial.
That's the technical aspect; the rest depends on the market's order book cooperation.
Trend lines are just used to trick stop losses; I’ll wait for confirmation before entering.
How did yesterday's signal get fulfilled today? It feels a bit precarious.
Whether it's a new high or not, the key is whether the volume can keep up; otherwise, it will drop faster.
Maintaining the defense line is a hard truth; breaking is easy, but filling the gap is hard.
Why is the rise this time so considerable? BTC hasn’t been this strong.
Entering during a pullback? What I fear is this kind of pullback, as it just leads back to breakeven.
If there’s no acceleration after the break, we must be vigilant; we are not gamblers.
Breaking the level is money, continue to buy on pullbacks, no need to hesitate.
Finally crossed the trend line hurdle, there's still plenty of room.
But gotta watch the defense line closely, once it retests, strategies need to be adjusted.
This time the signal execution was good, let's just look at the technical performance.
Drop is to buy, brother. Those still hesitating really can't understand.
Yesterday's expectations are validated today, this feeling is so comfortable.