Huobi HTX Live Trading Challenge: Partner with Your Favorite Trader, Co-create a Wealth Legend
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Huobi HTX Live Trading Challenge: Partner with Your Favorite Trader, Co-create a Wealth Legend
The first "Top Trader Long-Short Return PK Contest" was held from March 25 to April 3.
Navigating Web3 tides with focused insightsRecent intense market volatility has created tradable opportunities in futures trading. In light of this, Huobi Live hosted its first "No Empty Talk" live real-money long-short trading event on March 26. The live session invited several veteran long and short traders who shared their market insights and trading strategies amid recent price fluctuations. According to incomplete statistics, the event generated a total trading volume of 49,079,401 USDT, with 14.4k viewers online and 560k likes.
Notably, the first "Top Trader Long-Short Profit Challenge" is being held from March 25 to April 3. During this period, participating traders are automatically paired with new partners and divided into long and short teams. At the end of the event, one top trader from each side will be selected based on a comprehensive evaluation of trading volume, profit amount, and win rate.
In addition to regular referral commissions, when a trader and their new partner achieve a cumulative futures trading volume exceeding 500,000 USDT, they can share between 50 and 10,000 USDT in futures trial funds. The higher the trading volume, the greater the reward, which traders may distribute at their discretion. Besides these rewards, the two winning top traders will receive an additional bonus of up to 10,000 USDT in futures trial funds. After the event concludes, the rankings will be publicly announced via Huobi Live and X Space, and trophies will be awarded to the top traders. To date, the teams have achieved a total trading volume of 13,833,751 USDT, with a cumulative reward of 2,075 USDT in futures trial funds distributed.
During the live stream, experts shared the following views on future trading strategies:
Gaoseng Academy predicted the bull market starting from 18,000 points and has maintained a bullish outlook as prices rose to 20,000, 30,000, and then 40,000 points. Gaoseng Academy emphasized that investors should seize this opportunity, as the current market rally could represent the final and most explosive phase of the ongoing bull cycle.
Max, a trend investor, holds a short-term bearish view. He also noted that Huobi HTX has recently offered numerous benefits to investors and invited viewers to join his team to receive futures trading trial funds. Regarding future market movements, he suggested refraining from aggressive shorting if Ethereum stabilizes around $3,680. For those still considering short positions, he recommended waiting until prices approach $4,000 before acting.
Trader "Cognition Equals Profit" believes a short-term decline is possible, noting that Bitcoin's pullback reflects weak bearish momentum. He suggests initiating initial short positions near $69,000, but with stop-loss set at $71,000. If prices rise to around $73,800, increasing short exposure could be considered. He stressed that setting a stop-loss should always precede any short trade execution.
Trader Qianqianqian Xiaoyu remains firmly bullish. She believes ETF approvals and anticipated U.S. interest rate cuts are major tailwinds for the industry. She pointed out that short positions are relatively scarce within the $45,000–$55,000 range, and if prices fall into this zone, it could present a favorable opportunity for long-term positioning.
Laoshi Twelve Research Institute disagrees with the bullish outlook, arguing that the current rally stems from limited Bitcoin circulating supply causing market shortages. However, he believes this upward momentum may be nearing exhaustion.
Liang Bo also leans toward a market downturn. He advises investors to closely monitor market developments and consider reducing long positions if a broader market decline occurs. He noted that in bull markets, corrections of 20% to 25% are relatively normal. Currently, there is a price gap for Bitcoin at $59,000. Additionally, if Bitcoin continues to rise, potential pullbacks could occur near $71,500 and $72,800.
This live session aimed to spark diverse trading strategies and perspectives through direct dialogue between seasoned long and short traders, helping investors identify new market signals and enhance wealth growth through smarter trading. It also encourages more investors to participate in the "Top Trader Long-Short Profit Challenge," join preferred teams, and maximize returns.
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