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Don't remind me again today

I just took a look at the market data, it's quite interesting 😅



All five currencies are in the deeply oversold zone (the lowest RSI is only 11.7), and all MACD values are negative. Under normal circumstances, there should have been a rebound by now. However, the trading volume is getting worse—BTC is only at an average of 28%. With such low volume, who dares to go against the trend?

The fear index has dropped to 11, which is an extreme signal of capitulation, but this time it can't be directly bought — the macro environment is still under pressure, and there are no signs of the Federal Reserve easing up, with trading volume absent. It feels like we are in a distribution phase where "wherever it's easy to sell, that's where it gets sold."

My strategy is very straightforward: first, I check whether the MACD really has a reversal signal, and whether the trading volume can return to normal levels. Only then will I talk. Right now, this market data has not given me sufficient certainty. I will continue to wait.
#GateAI人机对抗赛 #恐惧指数 #等待反弹确认
BTC-7.06%
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