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Bitcoin just surged and then crashed? Trump's "Midnight Destruction Order" is here, and $112 oil prices have the entire market panicking
Did you think yesterday that "a ceasefire agreement is about to be signed, and the bull market is back," so you rushed in to chase the high?
Stop pretending, I know what you did.
Because nearly $200 million in short positions across the entire network were blown out just like that.
Something very special happened yesterday:
A message that "Iran and Israel may reach a 45-day ceasefire" flooded all major communities.
Bitcoin instantly skyrocketed from 65k to $69,350, nearly $200 million in shorts were taken out in a wave.
ETH, SOL, Dogecoin all took off together.
The group was buzzing: "The bull is back!"
And then?
12 hours.
From the moment the news came out to being proven wrong, it was just 12 hours.
Iran directly shot back: "Refuse. We want to end the war permanently, lift sanctions, and secure passage through the Strait of Hormuz."
In plain language: Your 45-day ceasefire? Who are you fooling?
Then Bitcoin dropped back to $68,600.
You think that’s the end?
Too naive.
The real bomb was dropped by Trump with this statement—
"If no deal is reached before Tuesday midnight, I will destroy every bridge and power plant in Iran."
Pay attention to his wording: "every single," not "some," not "selective strikes," but "every single."
Oil prices shot past $112.
Now you understand why your positions are losing money.
Over the past six weeks, the entire crypto market has been trapped in a cage between $65k and $73k.
- Good news? Up.
- Bad news? Down.
- Trump says something? First up, then down.
- Iran responds? Down again.
Every rebound makes people think, "This time is different," but each time, it hits the same wall and gets pushed back.
Diana Pires from sFOX said it very sharply, and I agree:
“This isn’t a fundamental shift; it’s more like positions being trapped.”
In plain language: It’s not that the bull market is back; it’s that shorts are being forced to close because of news. Once they close, that’s it, no more.
Prices go up because others are forced to buy.
Prices go down because no one really wants to hold on.
“The bull market you think is starting is just others’ shorts being forced to liquidate.”
“A single word from Trump can make oil prices jump $10, or wipe out your positions.”
“In this market, news belongs to others, but your positions are your own. Don’t get it twisted.”
Here’s a quick rundown of the current situation:
Oil breaks $112 → Inflation expectations heat up → Fed finds it harder to cut rates → Risk assets (yes, your coins) come under pressure
Trump’s midnight ultimatum → Either really fight or fake an agreement → Either way, the market hates uncertainty
The US stock market is still rising (S&P 500 hit its longest streak since January), but that’s US stocks, not your altcoins.
Bitcoin is still bouncing between 65k and 73k → Six weeks now! → Every time it hits 73k, it gets hammered; every time it hits 65k, someone steps in → This is classic “big funds waiting for a direction, retail traders getting caught in the crossfire”
To be blunt:
If you go long now, betting that “Trump won’t really fight.”
If you go short now, betting that “Iran will go all out.”
And neither of these are things you or I can control.
The only thing certain is: tonight at midnight (Tuesday night, as Trump said), either the deal is signed, oil prices fall, and coins get a boost; or the deal falls apart, oil prices keep soaring, markets panic, and Bitcoin gets hammered first.
And then?
Most likely, we’ll return to that cage of 65k-73k.
Because that’s what’s happened every time over the past six weeks.
After writing this, I checked my positions.
Yeah, I’m still lying in my long at 65k.
Not because I’m brave, but because I’m lazy.
Sometimes in crypto, being “lazy” makes more money than being “diligent.”
Those who understand, understand naturally. #Gate广场四月发帖挑战 $BTC