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
#RAVE April 23rd 15:00 (Latest): Only empty, not bottom-fishing; light position, high-short.
1. Current Situation (as of April 23rd)
- Price: $1.0~$1.15
- 24h: -30%~-34%, has already crashed over 95% from the high of $27.9
- Positioning: 95%+ tightly controlled; the market maker has already distributed at high levels
- Technicals: Daily/4-hour, strong sell signals
- Sentiment: FOMO → panic stampede
2. Why you cannot go long
1. The market maker has finished offloading
A large amount has been transferred from high levels to exchanges for selling, and the pull-up capital has already withdrawn.
2. The short squeeze is over
The liquidation wave for shorts has run its course, with no upward momentum left.
3. Price action: a downward channel
Small rebound → another plunge → drifting down with bearish decline.
4. No fundamental support
Pure a money-flow-driven market; without any real value support, it has crashed.
5. Risk: zeroing risk
After a highly controlled “scam coin” collapses, it often drifts down for a long time or goes to zero.
3. Short-selling strategy (for only the aggressive)
- Entry: rebound in the $1.4~$1.6 range
- Stop loss: $1.9 (strong overhead resistance)
- Target 1: $1.0 (breakdown to look at $0.7~$0.8)
- Target 2: below $0.5
- Position size: ≤5%, never use leverage
4. Steady advice
Mainly stay on the sidelines; don’t bottom-fish, don’t go long, and don’t chase rebounds.
Any rebound is the market maker luring you to buy for their offloading.