Trade
Basic
Futures
Futures
Hundreds of contracts settled in USDT or BTC
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
Earn
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
NEW
Trade on-chain assets and enjoy airdrop rewards!
Futures Points
NEW
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
More
Trending Topics
View More23.43K Popularity
18.41K Popularity
29.6K Popularity
10.28K Popularity
9.26K Popularity
Pin
This is a very important observation.
There are a large number of people trying to say we are in the same market position as the start of 2022...
And even though the chart pattern has it similarities for sure, it is important to understand the bigger picture.
In 2022(bottom chart) we can see Global liquidity was in a downtrend and not making new highs. Inflation was insane and QT was set to begin, along with interest rate hikes. In addition, volume was decreasing as the price moved higher.
This is textbook exhausted PA that has its lifeblood(liquidity) draining from its foundation.
Right now, we are in a totally different situation.
Global liquidity is increasing and volume is rising with price. We just had the biggest green daily candle since the April bottom.
Similar chart pattern, totally different foundation.