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
The current altcoin market stagnation is fundamentally caused by ETH's weakness against Bitcoin. Bitcoin's standalone gains are insufficient; what truly matters is the movement of the ETH/BTC ratio. For a broad altcoin rally to materialize, ETH (currently at $2.03K) needs to appreciate while Bitcoin is in a declining phase or trading sideways.
Currently, the BTC price stands at $67.78K and remains solid, yet altcoins continue to underperform. The primary reason is ETH's relative weakness. Looking at the ETH/BTC chart, we are currently in a pre-breakout phase. If this level breaks, a significant rally can be expected. However, there is a high probability of a retest occurring, and the positive conditions are not yet fully in place near-term. Until a confirmed upside breakout in ETH/BTC is established, the overall altcoin market recovery is likely to remain limited.