I have seen a lot of the higher trade volumes trend in the FOLKS/USDT market. In my years of trading, whenever the Trading Volume suddenly increases several times but the price doesn't rise much, it often indicates that the market maker is brewing a big move. This is not a bad signal; rather, it feels like building up strength.
I have encountered similar situations before. I remember trading a small coin last year, where it first had higher trade volumes and then consolidated sideways, followed by a big bullish candle that directly pumped it. The lesson the market has taught me is simple: don't try to guess the top when there are higher trade volumes, just honestly wait for it to move in its own direction.
From the current position, the 15-minute and 1-hour K-lines are repeatedly consolidating, but the 4-hour RSI is only 43, indicating that the daily level is far from being heated. From a technical perspective, there is still ample room for rise.
My operational thought is very clear: **as long as it breaks through 5.60, I will intervene; if it falls below 5.20, I will completely give up**. No messing around in between, no gambling, just follow this framework.
If I really want to enter the market, I would configure it like this:
**Entry Point**: Breakthrough the 5.60 area **Stop Loss Setting**: 5.40 (close to today's lowest point) **Initial Target**: Looking towards 6.00 (this is the previous high point area)
In simple terms, don't get too excited, just follow your own plan. Once a trend is established, keep up with it, and if it breaks, cut your losses in time. Trading is just that simple—don't overthink it.
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FreeRider
· 12-23 05:52
Higher trade volumes without a rise, I have seen this trap too many times, it often indicates accumulation, but the key still lies in whether or not the critical level is broken; if 5.60 is not broken, everything is just floating clouds.
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TxFailed
· 12-23 05:48
honestly the "don't overthink it" part hits different after losing money on exactly that. volume pump with no price movement is either accumulation or a dead cat bounce and there's literally no way to know until it breaks one way or the other. learned that the expensive way
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AirdropHunterWang
· 12-23 05:33
Well, this analysis does have some merit. Higher trade volumes without a rise should indeed be noted; I see it this way too.
I have seen a lot of the higher trade volumes trend in the FOLKS/USDT market. In my years of trading, whenever the Trading Volume suddenly increases several times but the price doesn't rise much, it often indicates that the market maker is brewing a big move. This is not a bad signal; rather, it feels like building up strength.
I have encountered similar situations before. I remember trading a small coin last year, where it first had higher trade volumes and then consolidated sideways, followed by a big bullish candle that directly pumped it. The lesson the market has taught me is simple: don't try to guess the top when there are higher trade volumes, just honestly wait for it to move in its own direction.
From the current position, the 15-minute and 1-hour K-lines are repeatedly consolidating, but the 4-hour RSI is only 43, indicating that the daily level is far from being heated. From a technical perspective, there is still ample room for rise.
My operational thought is very clear: **as long as it breaks through 5.60, I will intervene; if it falls below 5.20, I will completely give up**. No messing around in between, no gambling, just follow this framework.
If I really want to enter the market, I would configure it like this:
**Entry Point**: Breakthrough the 5.60 area
**Stop Loss Setting**: 5.40 (close to today's lowest point)
**Initial Target**: Looking towards 6.00 (this is the previous high point area)
In simple terms, don't get too excited, just follow your own plan. Once a trend is established, keep up with it, and if it breaks, cut your losses in time. Trading is just that simple—don't overthink it.