2026-01-10 23:21:49

The recent movement of 1000WHY has shown an interesting phenomenon—technically severely overbought, but volume is shrinking, and the two are completely out of sync.

From a cyclical perspective, the 15-minute chart remains relatively moderate (RSI 56.7), but once extended to the 1-hour chart, it starts to get a bit outrageous (RSI 83.1), and on the 4-hour chart, it’s basically ceiling level (RSI 87.9), with MACD bars also beginning to shrink. This kind of divergence usually hints that a trend reversal might be imminent.

However, there’s a problem—current price data is abnormal, making it impossible to accurately determine support and resistance levels.

So the conclusion is straightforward: now is not the time to trade. With data issues everywhere, even the most perfect trading plan is useless. The smartest move is to pause temporarily, wait for data to normalize, and then proceed. Hold off on positions, avoid risks, and wait until the true price is confirmed before considering the next step. No matter how tempting the market, if the data is off, you’ve got to hold steady.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

18 Likes

Reward
18
8
Repost
Share

Comment

0/400

GasFeeVictim

· 7h ago

Oops, you really shouldn't force it when the data is faulty. I've learned this the hard way. Wait, you said RSI shot up from 56 all the way to 87? That's a pretty strong divergence, and the volume is still shrinking? It feels like it's about to explode. Let's close the position first. When the data lies, even a dazzling market can be a trap.

View OriginalReply0

StablecoinEnjoyer

· 10h ago

The data is all messed up and you're still operating, aren't you just courting death? Wait, 1000WHY's volume has shrunk and it's overbought, it does seem a bit虚 Avoid coins with abnormal data, it's not being timid, it's being smart RSI 87.9 and still dare to chase? I don't believe you're not scared inside Waiting and watching is indeed the best solution; anyway, missing out on making money is better than losing money This kind of divergence usually doesn't bode well, better to stay in cash Discrepancies between volume and price are just smoke screens; I choose not to trust them

View OriginalReply0

Ser_This_Is_A_Casino

· 01-10 23:51

When the data gets messy, you have to hold your ground. There's nothing good to operate on this wave, let's wait and see. --- RSI 87.9 is almost over the limit, and the volume is shrinking. Isn't this a sign of a reversal? --- Price data is distorted, and you're still making reckless moves. That's truly a casino mentality. --- Such obvious divergence, smart people should just stay in cash and relax now. --- The market isn't tempting at all. With data issues in front of us, cautious observation is the best strategy. --- Volume doesn't match the price increase; it will eventually spit out. I choose to stay away for now. --- RSI went from 56 to 87. The acceleration is a bit scary. Need to wait for it to slow down.

View OriginalReply0

TommyTeacher

· 01-10 23:50

Don't make reckless moves when the data crashes; you need to have this awareness. Wait, RSI 87.9, what the heck is going on? The volume is still shrinking... It's indeed a bit suspicious. Holding a vacant position and observing is the right choice; tempting markets often hide the biggest traps. In this situation, forcing the issue is just asking for death; it's not hard to endure a little longer.

View OriginalReply0

Degen4Breakfast

· 01-10 23:49

The data is all messed up, what's the point of playing? I think I'll just lie low for now.

View OriginalReply0

defi_detective

· 01-10 23:44

When the data explodes, it really tests human nature. With RSI at 87.9, I dare not move—I'm truly scared.

View OriginalReply0

LiquidityWizard

· 01-10 23:42

A bunch of data, RSI soaring to 87.9, still want to buy the dip? Wake up, buddy, staying out of the market is the way to go right now.

View OriginalReply0

Tokenomics911

· 01-10 23:31

The data is all messed up, and you're still daring to operate? Are you looking for death, brother? Overbought divergence is indeed dangerous, but when the price is already abnormal, talking about support and resistance is pure nonsense. Holding a short position and waiting is fine. If 1000WHY gets liquidated in this wave, don't regret it. I'm already out. In this kind of market, we should just endure. Not losing money is also winning.

View OriginalReply0