【$STRK Signal】No Position - Waiting for Downward Momentum to Exhaust

$STRK In a clear downtrend channel, the price continues to make new lows and is currently testing recent support levels.

🎯Direction: No Position (NoPosition)

Market Analysis: The 4H chart shows consecutive bearish candles, with the price breaking below all major EMAs (20/50). EMA20 (0.0482) acts as a strong resistance above. RSI (32.16) has entered oversold territory, but in a downtrend, it is not a reliable reversal signal; confirmation through divergence is needed.

Hardcore Logic: The current decline is accompanied by stable open interest (OI), and the funding rate remains positive (0.0050%). This is not a typical short squeeze or main force distribution signal; it appears more like a passive stop-loss-driven decline by bulls. The depth imbalance (-5.54%) and the buy-sell ratio (0.89) indicate persistent selling pressure, with ask orders significantly thicker than bid orders.

Trading Plan: Currently, conditions are not favorable for high-probability long entries. To go long, wait for: 1) Price to show a clear support bounce pattern (such as Pin Bar or bullish engulfing) at key support levels (e.g., near the previous low of 0.0457). 2) Volume contraction and RSI bullish divergence. 3) OI to start rising, and the funding rate to turn negative or become extremely low. Until then, maintain a no position stance and observe.

Trade here 👇 $STRK

---

Follow me: Get more real-time analysis and insights on the crypto market!

‍#我在Gate广场过新年 #当前行情抄底还是观望？ $BTC $ETH $SOL