#ETH The RSI values in each cycle are decreasing, yet the price remains strong, showing a high-level consolidation with a bearish divergence. This was not evident in the chart yesterday. At this point, divergence priority is greater than oversold, but that doesn't mean the price will surge with a big bullish candle. The chart is already hinting that RSI is dropping so quickly, indicating that the bulls are not gradually retreating; they are fleeing outright.


The capital attitude is very firm, not hesitant or declining slowly, but unwilling to hold on anymore. This kind of structure rarely involves a slow grind all the way; it typically goes from sideways → small dips for testing → unable to hold → a big bearish candle waterfall. Those bullish can consider bottom fishing now.
ETH0.53%
View Original
[The user has shared his/her trading data. Go to the App to view more.]
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
  • 2
  • Repost
  • Share
Comment
Add a comment
Add a comment
AhHui123
· 5h ago
Hold firmly
View OriginalReply0
Aldrich_Z
· 5h ago
Just charge forward and finish it 👊
View OriginalReply0
  • Pin