CHILLGUY's recent rally has attracted many to follow, with a 12% increase looking quite impressive. But the problem is—trading volume has shrunk by 97%. That's absurd.



Although the 4-hour RSI is showing strength and there are signs of resonance across multiple timeframes, a closer look at the 1-hour chart reveals the clue: the MACD histogram has already turned negative, and while the price is rising, momentum is waning—classic divergence signals. This doesn't resemble a genuine trend initiation; it looks more like the market makers are exploiting FOMO sentiment to pump the price. Everyone's eyes are on the daily gains, but they overlook the quiet outflow of funds at the hourly level.

Honestly, this volume-less rise is extremely fragile. I'm not saying it will definitely fall, but the risk is significant. Instead of blindly chasing, it's better to think in reverse—this could be a trap for bulls.

**My decision is to stay on the sidelines**. I've suffered some losses recently, and given the market structure doubts, I won't act for now. I'll wait for one of two signals: either a volume breakout above the previous high (like 0.032), confirming the rally is real; or a pullback that stabilizes at a key support level (like 0.028), then observe if there's a chance to bottom out. Until then, it's better to sit tight and watch.
CHILLGUY-4,35%
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.
  • Reward
  • 8
  • Repost
  • Share
Comment
0/400
LiquidationHuntervip
· 42m ago
A 97% drop in trading volume and still daring to pump? If this isn't a market maker, then it's a big joke.
View OriginalReply0
wrekt_but_learningvip
· 01-08 06:13
Shrinking by 97% and still dare to boast? This is definitely a fake breakout, I'm not getting on the train.
View OriginalReply0
RegenRestorervip
· 01-07 08:56
Trading volume shrank by 97% but still rose by 12%? Isn't this just funds cutting the leek? I don't believe you. --- The biggest fear of a price rise with no volume is a sudden crash, and the ones who lose the most are always those chasing the high. --- This wave definitely has issues. I'm too familiar with the routine of price momentum fading. Last time, such an operation got me trapped for three months. --- Waiting and watching is the right move. Why gamble? Isn't it better to wait for a confirmed signal before entering? --- Haha, another trick of the market maker pulling up the price. Look at how excited you all are in the group, but as soon as it drops, everyone softens. --- I've also been fooled by this FOMO. Now I only look at the hourly momentum and will never hold a position chasing the rise. --- With such poor volume, how can they still boast? Honestly, there's no real funds coming in, just self-hype. --- Wait until 0.028 stabilizes before talking. Entering now is just giving the market maker money. --- A classic divergence. RSI can't fool me; the hourly MACD has already exposed itself. --- I've been watching for two weeks. Anyway, I'm afraid of losing, so I'll wait and see if this is a real breakout or just a fake pull.
View OriginalReply0
EthMaximalistvip
· 01-07 08:54
Unlimited surge? Wake up, this is the old trick of the big players. The trading volume has shrunk by 97%, and you're still daring to chase? Have you lost your mind? Everyone is blinded by the daily chart, and if you didn't look at the MACD, you'd have already been dead. I'm not moving anymore, I've lost enough. A 12% increase is nothing special; the key point is that funds are fleeing. This thing is doomed. Wait for a break above 0.032 or a pullback to 0.028 before making a move. Entering now just makes you the bag holder. Divergence signals are right here. Still want to chase the high? Own your money and take responsibility. This is a classic pump by the big players—retail FOMO, then they cut the leek. Rinse and repeat, brother. I choose to wait and see; not losing is winning. Anyway, if the money's gone, the temper's gone too.
View OriginalReply0
ProposalManiacvip
· 01-07 08:51
Unleashing a pump-and-dump scheme, I've seen this routine too many times. The trading volume shrinks by 97% yet it dares to rise by 12%, isn't this a classic liquidity trap? — In terms of governance mechanism design, price actions without genuine trading volume support are essentially false consensus. While funds are quietly flowing out, retail investors are still applauding the daily gains. This game of balance has long been broken. Looking at those historical volume-less rebounds, they all ended up being a feast of cutting leeks. It's not wrong to stay on the sidelines; it's much more rational than blindly chasing highs. Just wait for those two confirmation signals: either a volume breakout to verify the trend's authenticity, or a pullback to support levels to see if there's a mechanism for self-repair. This is what we call an incentive-compatible trading logic.
View OriginalReply0
ShitcoinArbitrageurvip
· 01-07 08:43
Trading volume plunges 97%, and you still dare to boast? Wake up, everyone. This is a classic manipulation tactic by the big players to pump the market. With such a clear divergence between price and volume, no wonder my buddy has been suffering heavy losses recently. I'm not chasing anymore. I'll wait for a signal.
View OriginalReply0
TokenSleuthvip
· 01-07 08:39
Volume shrank by 97%, and it still dares to rise? This is a classic false breakout. I really don't believe in upward moves without volume. I'm so fed up. Every day, people chase after this divergence, and in the end, they get caught at the bottom without even knowing what happened.
View OriginalReply0
WhaleSurfervip
· 01-07 08:32
Volume shrank by 97%, still dare to rise? If that's not a scam, what is? When there's a divergence between price and volume, it's time to run. Don't be fooled by the daily chart. Wait for a breakout with increased volume. Entering now just makes you the bag holder.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)