1000WHY(1000WHYUSDT) Recently, an interesting phenomenon has emerged—the short-term and medium-term trends are completely out of sync.
On the 15-minute chart, the RSI is only 63, and the sentiment remains restrained, but when extending the cycle, it’s a different story. The 1-hour RSI surged to 86, and the 4-hour RSI even soared to 87, which is already in the textbook-level extreme overbought zone. The trend is indeed strong, but such divergence levels must be approached with caution.
What’s more noteworthy is the trading volume. The volume of 35.26M has shrunk significantly compared to before, essentially indicating that the momentum during the upward push is waning. Low volume at high levels is generally not a good sign in technical analysis.
Regarding technical levels, there is currently a problem—price data shows anomalies, so the precise calculation of support and resistance is temporarily on hold. However, from the cycle perspective, both the 1-hour and 4-hour RSI are above the extreme level of 85, making the risk of chasing the high quite considerable.
Overall, the most prudent approach right now is to **wait and see**. Wait until the price data recovers, or trading volume picks up, or there are clear signs of overbought signals being corrected. Without clear levels, there’s no reason to take action.
*Content is for personal analysis only*
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BlockchainBard
· 01-13 19:13
The exhaustion of volume is really uncomfortable now; an RSI of 87 and not chasing is the smart move.
It's the same old trick of high-level lack of volume; let's wait for the data to recover before acting.
This kind of divergence looks good, but manually trading it will definitely lead to a loss; it's correct to stay on the sidelines.
This wave of 1000WHY is just bluffing; a rebound without volume is doomed to go nowhere.
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OvertimeSquid
· 01-13 11:06
The high-level lack of volume really can't hold up; RSI at 87 is definitely overbought. I'll wait until trading volume picks up again before making any moves.
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GasFeeCrybaby
· 01-11 02:04
Data anomalies are one thing, but the volume is also shrinking... This rhythm doesn't feel right.
Wait, RSI87—what are they trying to pump up?
High levels with low volume usually mean no good news.
It's wise to stay on the sidelines; after all, these few points aren't worth risking.
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ExpectationFarmer
· 01-10 20:52
The lack of volume exhaustion is indeed uncomfortable; high levels with low volume have never been a good sign.
RSI has already soared to 87, and those still daring to chase the highs are really brave. I prefer to stay flat and wait for signals to recover.
This movement is a bit strange; the short-term trend is still steady, but the long-term trend is starting to go crazy.
It's right to stay on the sidelines; anyway, without clear levels, I won't make a move.
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GigaBrainAnon
· 01-10 20:49
Hmm... RSI87 is really about to explode. The volume has shrunk but it's still pushing upward aggressively. I've seen this trick too many times.
Your analysis is solid. I also lean towards watching and waiting until the trading volume comes in to absorb the position.
Getting itchy to buy in at this point would just be a gift.
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NFTRegretDiary
· 01-10 20:48
Contraction top, this is a dead spot, not moving is still the right choice.
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LiquidationHunter
· 01-10 20:43
The volume shrank at the high level, this signal is quite obvious, I won't chase it anymore.
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ForeverBuyingDips
· 01-10 20:38
Hmm... It's the old routine of high-level lack of volume again. This wave of 1000 WHY is probably going to pull back.
Wait, still chasing with insufficient volume? I think you're going to get trapped.
RSI is already at 87 and you're still playing with fire. Not to criticize, but that's a gambler's mentality.
A slight increase with decreasing volume is just so-so. The bottom-fishing opportunity hasn't arrived yet.
Wait for the data to recover. Staying sober is never wrong.
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ArbitrageBot
· 01-10 20:29
This wave of RSI directly soared to 87, which is a bit outrageous, and the volume has also decreased...
Waiting and watching is indeed a safe move, anyway there are no clear entry points
The story of volume exhaustion and peaking has been played out many times, and this time is probably no different
1000WHY is surging in the short term, but mid-term it’s so timid? The logic doesn’t quite add up
Lack of volume at high levels usually isn’t a good sign, understand?
Wait for data to recover, no need to rush
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0xInsomnia
· 01-10 20:26
It's the same old story of RSI extreme overbought, and the trading volume is still waning. I'm skeptical.
1000WHY(1000WHYUSDT) Recently, an interesting phenomenon has emerged—the short-term and medium-term trends are completely out of sync.
On the 15-minute chart, the RSI is only 63, and the sentiment remains restrained, but when extending the cycle, it’s a different story. The 1-hour RSI surged to 86, and the 4-hour RSI even soared to 87, which is already in the textbook-level extreme overbought zone. The trend is indeed strong, but such divergence levels must be approached with caution.
What’s more noteworthy is the trading volume. The volume of 35.26M has shrunk significantly compared to before, essentially indicating that the momentum during the upward push is waning. Low volume at high levels is generally not a good sign in technical analysis.
Regarding technical levels, there is currently a problem—price data shows anomalies, so the precise calculation of support and resistance is temporarily on hold. However, from the cycle perspective, both the 1-hour and 4-hour RSI are above the extreme level of 85, making the risk of chasing the high quite considerable.
Overall, the most prudent approach right now is to **wait and see**. Wait until the price data recovers, or trading volume picks up, or there are clear signs of overbought signals being corrected. Without clear levels, there’s no reason to take action.
*Content is for personal analysis only*