Today’s market fluctuations are quite interesting. GMT has been oscillating around 0.02 USDT repeatedly, with quite a bit of volume over the past 24 hours, but then trading activity sharply declined.

Looking at the technical indicators, the 1-hour RSI has already reached 64, and the 4-hour RSI has surged above 73. What does this mean? It clearly indicates short-term overbought conditions. According to conventional logic, this level is prone to a pullback. But the problem is, we haven't seen any particularly clear and safe reversal signals yet, so rushing in might just get you caught.

After trading for a while, I’ve gradually understood one principle — not all fluctuations are worth participating in. Sometimes it looks lively, but if you try to follow along, it can easily disrupt your rhythm. It’s like clouds, drifting and constantly changing shape, but eventually dispersing. Many market movements are similar; instead of forcing a bottom or chasing highs, it’s better to wait for a clearer opportunity.

So, the current strategy is: wait and see. Continue monitoring the volume contraction and RSI decline, and look for a safer entry point.

(Disclaimer: The above is only personal analysis and not investment advice)