I saw through this wave of decline long ago, it's not a post-hoc rationalization. Many people in our trading room are already short.
Careful analysis of the chart makes it clear: the RSI indicator is gradually approaching the bottom, but the price is soaring—this is a classic divergence signal. MACD is even more obvious, a clear divergence has appeared.
What is the best way to operate in this situation? The answer is simple—close ETH positions.
The technical analysis has already issued a clear warning. When indicators and price trends conflict, it often means a reversal is coming. That’s the current situation; the market is about to adjust.
The opportunities for BTC and ETH futures contracts are right here. Brothers who are bearish might want to give it a try.
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ProofOfNothing
· 01-11 16:51
I also see divergence, but there are not many who dare to go all-in on short positions...
RSI bottom divergence doesn't necessarily mean it will drop; it depends on market sentiment and whether buyers are willing to buy in.
If this round really adjusts, it would have already fallen; why are we still shouting here?
There are many cases where technical signals indicate a reversal, but the price ends up rising again...
Such obvious bear traps are even more dangerous, right?
I just want to ask, with the chart so clear, why are some people still losing money?
ETH's breakdown is uncertain whether it can hold steady; who dares to hold a heavy position?
Those who get liquidated are the ones who trust indicators too much. Better to be cautious.
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StakeHouseDirector
· 01-11 16:50
Yeah, bro, I've heard this divergence theory a hundred times. Every time they say it will reverse, but instead it drops even deeper.
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TokenomicsDetective
· 01-11 16:38
Deviations are deviations. I'm just watching the candlestick chart while eating, anyway, it's not the first time I've been trapped.
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DarkPoolWatcher
· 01-11 16:35
Divergence is easy to talk about, but when it comes to actually trading, mental preparation is the real challenge.
This guy is right, I really feel that way—just not brave enough to go all in.
Wait, with such obvious MACD signals, there are still people chasing the high? LOL
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DeFiChef
· 01-11 16:24
Divergence can indeed be tricky to navigate. I also saw this signal a couple of days ago, but I didn't dare to take such a big risk.
RSI is still hitting bottom prices and soaring... To be honest, it's a bit scary, but short positions don't always guarantee profits.
I saw through this wave of decline long ago, it's not a post-hoc rationalization. Many people in our trading room are already short.
Careful analysis of the chart makes it clear: the RSI indicator is gradually approaching the bottom, but the price is soaring—this is a classic divergence signal. MACD is even more obvious, a clear divergence has appeared.
What is the best way to operate in this situation? The answer is simple—close ETH positions.
The technical analysis has already issued a clear warning. When indicators and price trends conflict, it often means a reversal is coming. That’s the current situation; the market is about to adjust.
The opportunities for BTC and ETH futures contracts are right here. Brothers who are bearish might want to give it a try.