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.
HMSTR6.78%
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
  • 4
  • Repost
  • Share
Comment
0/400
SelfSovereignStevevip
· 4h ago
If the data is overwhelmed, don't touch it. Do you understand this principle?
View OriginalReply0
ExpectationFarmervip
· 4h ago
Trading volume shrank to -100%. How outrageous is that? The data itself has collapsed; how can we operate?
View OriginalReply0
RetiredMinervip
· 4h 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.
View OriginalReply0
DustCollectorvip
· 5h ago
The pattern of shrinking and then rising is seen too often; it's just an emotional move. Let's wait and see.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 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)