$BTW The daily RSI is 75, entering overbought territory. When I was just learning technical analysis, I wanted to sell as soon as I saw the RSI go above 70. Later, I realized that an RSI above 70 is called overbought, and simply means that upward momentum has accounted for a large share of price movement during this period. In a one-way market, it can stay elevated for a long time. An overbought reading is not, by itself, a reason to sell. Indicators can be wrong, so never skip a stop-loss: deciding in advance what you’ll do if your analysis is wrong is more important than getting your predictions right.
Quick update, lighthearted edition: $TRUTH breaks above 0.02. A key level is like the entrance to a tourist attraction: you get there and take a screenshot first, then realize it’s too crowded—so some people turn right around and leave. Current price: 0.02019. Drop a like, and we’ll chat when the market moves next time.
The shorts on $DOS are like tenants who pay rent on time but still can’t move in: the funding rate is -0.074%, and they’re paying every interval. Annualized, that’s about 162%. Can the bears take it? Before I opened a leveraged position, I thought, “Let’s play it safe.” Afterward, I thought, “Just hang on.” Send this to that friend who always says, “This time is different.”
Straight to the point: a friend just sent me a screenshot: $US 1 hours, down 12.07%. They asked if I’d buy in. I replied: I don’t know where the bottom is, but I do know that jumping in right after a sharp drop often means catching it halfway down. I usually wait for the price to stop falling and trading volume to ease before taking another look. Current price: 0.008514, 24h: -19.88%. How would you respond?
Today's price action is really volatile $S dumped 9.2% in just one hour After the drop, if the funding rate turns negative and becomes increasingly extreme, it means shorts are getting more crowded—so watch out for a rebound.
Well, $BAT really pushed past the six-month high this time! 0.1698 → 0.1802, with trading value reaching 5.3 times the usual level. With turnover this high, buying pressure has clearly picked up! After a price surge, what do you watch first?
A quick comment on $BILL : it rose 4.06% in 5 minutes, with the price at 0.00884. Every time I see a pump like this, half the comments say to buy, and the other half say it’s the top. My own habit is not to predict, just to watch the volume and key levels. Which side are you on?
Put it in joke form: $ARC 15 minutes into the plunge, it was down 8.66%. The elevator is descending. Please hold the handrail and do not lean against the doors.
$ESPORTS fell to a new 7-day low, below the previous low of 0.00907. A high-volume break below the low means there are plenty of sellers; with lower volume, it might rebound. It’s normal to want to buy after seeing such a big drop, but it can keep falling.
On the 4-hour timeframe, the RSI for $QNT has dropped to 24.6. But being oversold doesn’t mean it will rebound right away—it can stay below 30 for quite a while during a downtrend. Am I reading this correctly? What do you all think?
$BTW Open interest over 24 hours fell 15.02%, while the coin price rose 7.73%. I usually use isolated margin, so if one position runs into trouble, it won’t affect the others. Whether open interest is increasing or decreasing, you have to look at it together with the price.
Let's talk about $APR from just now: +14.96% in 1 hour. After a sharp rally, consolidating and digesting the move is often healthier than continuing to surge straight up. I've been burned chasing this kind of rapid volatility, so whenever I see it, I usually pause first.
$BLUR The funding rate has fallen to -0.352%. Funding rates usually return to normal as prices pull back. Until then, positions on the crowded side should be more cautious. Anyone been keeping an eye on it? Let’s chat.
The 24-hour high was pushed up by $INJ . This means moves backed by trading volume are more credible; rallies without volume often pull back. If you’ve made a profit, there’s no need to rush—just stick to your own pace.
$WAL hits a new 24-hour high of 0.03857, breaking above the previous high of 0.03813. A huge bullish candle shot straight up! Whether there's resistance ahead will determine how far this move can go. Do you think it has more room to run?
In just 5 minutes, $BLUR plunged 4.66%, and it's now at 0.01294. My take: when it's dropping, don't keep staring at your P&L—watch your stop-loss. I've learned my lesson about catching falling knives. These past couple of years, I'd rather take things slowly.
I usually don’t adjust my position because of a single price move, unless it truly develops into a trend. $Q 1 hours: up 13.87%, currently at 0.03571. There’s no shame in taking a stop-loss; holding on until you get liquidated is the real loss.
Just saw: Q surged 10.77% in 5 minutes. Honestly, this kind of move happens often; I usually wait and see first. $Q , up 18.17% in 24 hours. Just stick to your own plan.
Just saw this, so I’m jotting it down. I just came across $SAFE moving a bit: -4.19% in 15 minutes, +10.25% in 24 hours. More people are selling, so the price has come down. Keeping my position a little lighter helps me sleep better.