Futures
Hundreds of contracts settled in USDT or BTC
TradFi
Gold
Trade global traditional assets with USDT in one place
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
Participate in events to win generous 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 enjoy airdrop rewards!
Futures Points
Earn futures points and claim airdrop rewards
Investment
Simple Earn
Earn interests with idle tokens
Auto-Invest
Auto-invest on a regular basis
Dual Investment
Buy low and sell high to take profits from price fluctuations
Soft Staking
Earn rewards with flexible staking
Crypto Loan
0 Fees
Pledge one crypto to borrow another
Lending Center
One-stop lending hub
VIP Wealth Hub
Customized wealth management empowers your assets growth
Private Wealth Management
Customized asset management to grow your digital assets
Quant Fund
Top asset management team helps you profit without hassle
Staking
Stake cryptos to earn in PoS products
Smart Leverage
New
No forced liquidation before maturity, worry-free leveraged gains
GUSD Minting
Use USDT/USDC to mint GUSD for treasury-level yields
[ETH] 4H Ethereum Chart Analysis - #ETHUSDT.P TradingView
After the announcement of economic indicators, the hawkish remarks by Powell led to a decline, breaking through the downward trend line, which now appears to have halted.
The recent rebound near the support level of 3,693 is a significant area that has shown three rebounds previously. In fact, I thought it would rise after the Triple Bottom, but it has come down once more before bouncing back.
If we can maintain the support level of 3,822, which has been broken simultaneously with the downward trend line, I think we might not have to switch between offensive and defensive again.
There are minor resistance lines just above, but the main resistance level remains at 4,069, and the 200 EMA is also positioned at the same level.
You all probably know the importance of the 200EMA, so until you see the candles riding above it and receiving support, I hope you always remain skeptical and quickly secure your profits with a profit-taking mindset.