HMSTR Futures (HMSTRUSDT) performance today is quite interesting. The RSI on the 15-minute K-line is at 67, which is still considered neutral, but on the 1-hour chart, it changes—the RSI has already surged to 71, a clear overbought signal. Although the 4-hour trend is not too bad, this phenomenon of short-term high levels not matching the long-term trend often leads to problems.
What’s more concerning is the trading volume. During this upward move, the volume was almost shrinking, even showing extreme contraction (-100% data), indicating that the rise lacks genuine capital support and is purely driven by sentiment, making the risk level quite high.
I initially wanted to provide key position references—support and resistance levels—but now the price data has issues, making precise positioning impossible. Without data, there’s no basis; blindly trading is obviously unwise.
So my stance is very clear: **Decidedly observe**. Instead of gambling on a move, it’s better to wait until the data normalizes and the technical picture becomes clearer. In the face of risk, patience is always the best strategy.
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SelfSovereignSteve
· 5h ago
If the data is overwhelmed, don't touch it. Do you understand this principle?
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ExpectationFarmer
· 5h ago
Trading volume shrank to -100%. How outrageous is that? The data itself has collapsed; how can we operate?
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RetiredMiner
· 5h ago
All the data is corrupted, and you're still risking it? This wave is purely an emotional market, with trading volume down by -100%, which is quite extreme. Let's wait and see.
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DustCollector
· 6h ago
The pattern of shrinking and then rising is seen too often; it's just an emotional move. Let's wait and see.
HMSTR Futures (HMSTRUSDT) performance today is quite interesting. The RSI on the 15-minute K-line is at 67, which is still considered neutral, but on the 1-hour chart, it changes—the RSI has already surged to 71, a clear overbought signal. Although the 4-hour trend is not too bad, this phenomenon of short-term high levels not matching the long-term trend often leads to problems.
What’s more concerning is the trading volume. During this upward move, the volume was almost shrinking, even showing extreme contraction (-100% data), indicating that the rise lacks genuine capital support and is purely driven by sentiment, making the risk level quite high.
I initially wanted to provide key position references—support and resistance levels—but now the price data has issues, making precise positioning impossible. Without data, there’s no basis; blindly trading is obviously unwise.
So my stance is very clear: **Decidedly observe**. Instead of gambling on a move, it’s better to wait until the data normalizes and the technical picture becomes clearer. In the face of risk, patience is always the best strategy.