Recently paying close attention to the crypto market, I discovered an interesting phenomenon. RAVE is a very typical example——technical indicators are shouting buy buy buy, but the price keeps climbing downward. This kind of "saying I love you with words, but being honest with actions" contrast is worth a good analysis.

First, look at the overall environment. Around Christmas, the US stock market is on holiday, and large funds are taking a break as well. The trading activity in the crypto circle is naturally light. During this time, small coins are especially easy to manipulate; just a few transactions can boost indicators and create false impressions. When the market has no volume, any upward move should be questioned—is it genuine demand or just an illusion?

Next, examine the technical performance. The MACD yellow and white lines have indeed crossed above zero to form a golden cross, which at first glance looks like a bullish signal. But the problem lies in the volume—during the rebound, trading volume has been shrinking, with red bars getting shorter and shorter, indicating that follow-up traders are not buying in. The price also isn’t showing strength; highs are repeatedly moving lower, currently still being firmly suppressed at 0.59, and even the short-term support at 0.547 is shaky.

The core support and resistance levels are quite clear: resistance at 0.59 and 0.647, support at 0.547, 0.508, and 0.46.

Honestly, this "golden cross" looks more like a rebound within a downtrend rather than a reversal signal. Without volume, the golden cross is just ironclad proof—funds simply do not recognize this direction. The price cannot break previous highs, the downward trend line remains in effect, and in the past 24 hours, short positions have been liquidated more than long positions. All these details point to the same conclusion: most people have figured it out—this is a master manipulator’s staged act.