Scan to Download Gate App

More Download Options

Don't remind me again today

BlockchainFoodie

2025-11-28 04:10:16

#美联储恢复降息进程 Recently, this wave of market trend came suddenly, with prices surging up, and it looks like it's about to touch the key resistance level. Looking at the technicals, the RSI indicators across multiple time frames have all soared above 70, clearly entering an Overbought state.

It is worth noting that the capital flow data has begun to show a change—net outflows have quietly emerged. Is it a good time to chase after the highs? The risk is a bit high. Personally, I tend to try shorting with a light position, setting the stop loss at around 0.27, with the target first focusing on the vicinity of 0.24. After all, the pullback and consolidation after being overbought often come unexpectedly.

BAT-5%

View Original

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.

18 Likes

Reward
18
8
Repost
Share

Comment

0/400

MevHunter

· 9h ago

Is it really worth chasing when it's so Overbought? A stop loss of 0.27 for shorting is indeed stable, just afraid that the pullback won't be that deep.

View OriginalReply0

BearHugger

· 12h ago

Is there really someone still chasing such an obvious overbought? I think they are about to get washed out, the net outflow has already started and the signal is so clear.

View OriginalReply0

MEVHunter_9000

· 11-28 04:40

Overbought has soared above 70, this wave is indeed a bit fierce, and net outflow has also started, I agree with the idea of shorting. --- Under the expectation of interest rate cuts, are you still daring to chase the price? Wake up, everyone. --- Stop loss at 0.27, target at 0.24, sounds stable, just afraid of a whipsaw that leads you to get liquidated. --- RSI is off the charts and net outflow is in sync, this is a signal, brothers. --- It feels like another last wave of a bull trap before the market maker dumps, it's time to get out of positions. --- Light Position shorting is indeed the safest play right now, while those who chase the price with Heavy Position are all warriors. --- The favourable information from the Fed's interest rate cuts has all been speculated, next we will see the fundamentals, BAT at this price really needs to cool down.

View OriginalReply0

LongTermDreamer

· 11-28 04:38

Oh dear, it's this overbought theory again. I thought the same three years ago, and as a result, BAT taught me a lesson.

View OriginalReply0

consensus_whisperer

· 11-28 04:37

With such obvious overbought conditions, are we still chasing upwards? I see this wave as market makers sucking the last bit of blood, waiting for retail investors to catch a falling knife. If it really reaches 0.24, I'll eat my keyboard live.

View OriginalReply0

BasementAlchemist

· 11-28 04:37

Damn, it's again this old trick of RSI being Overbought. The last time I heard this, I got played for a sucker by two points.

View OriginalReply0

OffchainWinner

· 11-28 04:37

The overbought signal is so obvious, and net outflows have already started. Those chasing the price need to be careful. --- RSI soaring to over 70 and still daring to buy the dip? I'm truly amazed. --- Shorting at 0.27 stop loss, 0.24 target, I support this idea. --- The change in capital flow is the key, the technical analysis can easily deceive. --- Another wave of suckers catching a falling knife, take it easy. --- Light position is okay to try, going all in is just a gambler's mentality. --- Whipsaw comes quickly and goes quickly; it's crucial to time your position. --- The Fed's interest rate cut is favourable information, but the rise of BAT is indeed a bit outrageous. --- Net outflows + overbought, short positions signals are fully charged. --- The resistance level has been tested repeatedly, it's strange if it doesn't break. --- At this time, it's easiest to lose track of the rhythm; better to wait for a pullback before entering.

View OriginalReply0

TxFailed

· 11-28 04:36

ngl, every time i see RSI above 70 someone's about to learn an expensive lesson... seen this movie before, not ending well for the late buyers

Reply0

Trending TopicsView More
#JoinGrowthPointsDrawToWiniPhone17
217.84K Popularity
#DecemberMarketOutlook
7.54K Popularity
#GIGGLEAndPIPPINSurge
920 Popularity
#LINKETFToLaunch
1.25K Popularity
#SharingMy100xToken
1.62K Popularity

Hot Gate FunView More

1
110489196155I am $1 rich
MC:$3.33KHolders:1
0.00%
2
IBVMIBVM
MC:$3.54KHolders:5
0.84%
3
GMGM
MC:$3.34KHolders:1
0.00%
4
河豚河豚
MC:$3.34KHolders:1
0.00%
5
GOOFYGOOFY
MC:$3.34KHolders:1
0.00%

Sitemap