Recently, the XVS coin experienced an almost 36% wave of oscillating upward movement, and the bullish sentiment has been released. However, looking at the recent market trend, I feel there are some warning signs of weakening that have started to appear.

First, let's look at the 1-hour MACD. The price hit a recent new high, but the fast and slow lines of the MACD did not follow up; instead, they moved downward significantly, forming a typical bearish divergence. This situation usually indicates that the upward momentum is beginning to weaken, and the probability of a short-term correction is increasing.

Next, the 4-hour RSI. Previously, the RSI broke through the overbought line at 70, but it didn't hold. Now, it has turned downward and fallen below 70. According to XVS's historical trend patterns, each time the RSI turns after being overbought, it tends to be followed by a correction phase.

Even on smaller timeframes, signs can be seen. The price repeatedly closed with upper shadows in the key resistance zone, and the upward trendline has gradually broken. These details combined suggest that a short-term top may be forming.

My personal view is that it might be a good idea to consider a light short position here. But there's one prerequisite—set your stop-loss properly. Placing the stop-loss just above the recent high is more reasonable. The market is always full of uncertainties, so this is just a reference idea; specific decisions should be made cautiously based on your own situation.