I've looked at this recent market move several times. The price surged to 0.19, up 17% in 24 hours, looking very momentum-driven, but a quick check of the data shows trading volume actually shrank by 81%. This contradiction of "rising price without rising volume" is something traders have all seen—and have paid the price for.



I've encountered similar situations multiple times before. Some coins suddenly jump over 30% in a single day, yet their trading volume shrinks, and the 4-hour RSI hits around 70 before showing signs of fatigue. Usually, this leads to a divergence on the hourly chart, followed by a pullback. Market rules are like this: no matter how strong the sentiment, volume is needed to support the rise. A price increase without volume is like blowing bubbles.

This is exactly the current situation with H. The 1-hour and 4-hour RSI are both in high zones, but look at the MACD histogram—it's already weakening, indicating the upward momentum is waning. I'm not saying this must be the top, but the question is—does the "trend" still exist? The hourly chart is now very flat, not showing any strong upward movement.

My approach is **to wait and see for now**. With the current volume level, chasing longs isn't worth the risk. If H can **break through 0.195 with increased volume**, I might consider a small position to follow up; conversely, if it **breaks below 0.185** (a recent minor support), the short-term upward structure would be broken. Given the current situation, the wisest move is to stay on the sidelines and wait.
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.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
PumpingCroissantvip
· 01-18 10:55
There's no more volume, so this increase is indeed questionable.
View OriginalReply0
FlashLoanLarryvip
· 01-17 01:32
volume's nowhere to be seen, just air pumps waiting to deflate. seen this play before—never ends well for the fomo crowd.
Reply0
JustAnotherWalletvip
· 01-15 12:01
The market is shrinking so rapidly and you're still hyping it up. I really don't understand this move. Let's wait and see.
View OriginalReply0
MoodFollowsPricevip
· 01-15 11:55
A 17% decrease in volume with a rise in price, this move feels hollow. Experience tells me this is just a trap to lure more buyers; wait for a pullback.
View OriginalReply0
GasWastingMaximalistvip
· 01-15 11:49
A 17% increase in volume, but it actually disappeared. Isn't this just regular harvesting? The smart money has already run away.
View OriginalReply0
ParallelChainMaxivip
· 01-15 11:38
Even with such a sharp decline, you still dare to chase; you deserve to be trapped.
View OriginalReply0
governance_ghostvip
· 01-15 11:32
Still daring to chase after such a sharp decline, you must have a very clear mind.
View OriginalReply0
  • Pin