2026-01-06 06:29:24

PTB recently increased by 25%, it looks quite lively, but I took a closer look at the market and something doesn't feel right.

Trading volume shrinks extremely fast, with a decline of over 99%. What does this mean? It indicates that the price has little support. As long as a few funds move their fingers, the price can double or halve. In such a situation, the rise is less of a trend and more of a "false prosperity in a liquidity vacuum."

From a technical perspective, it does look interesting—RSI across different timeframes shows strength, with the 4-hour chart even approaching overbought territory. But this is precisely the problem. With extremely low trading volume, a high RSI often signals risk accumulation rather than strong momentum. It's like a car with no gasoline; pressing the accelerator deeper just spins the wheels.

Honestly, how long can this volume-less rally last? I can't make any guarantees. That's why I choose to stay on the sidelines for now.

**My trading plan is as follows:**

Currently, this price has no trading value. I will wait. Wait for what? One of two conditions:

**Entry opportunity**: The price experiences a significant pullback of over -15%, and the 1-hour trading volume recovers to more than 30% of its recent average. Only then is it worth considering going long. Any other upward movement I see as a trap.

**Shorting?**: Not considering it. With such poor liquidity, the risk of trying to top out against the trend is too extreme.

The current data is indeed a bit chaotic, and I can't give precise levels. But the logic of trading is clear—it's much smarter to spot market mispricings than to blindly fight at the wrong prices.

PTB0,38%

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.

14 Likes

Reward
14
8
Repost
Share

Comment

0/400

GateUser-c799715c

· 01-09 03:34

The rise of Wulian is indeed a trap; wait until the breakdown to see.

View OriginalReply0

GraphGuru

· 01-08 04:50

The unlimited surge is just a mirage; wait for it to collapse.

View OriginalReply0

DaoGovernanceOfficer

· 01-06 06:59

ngl the volume collapse here is screaming risk management 101 — this is what happens when price discovery breaks down, empirically speaking

Reply0

New_Ser_Ngmi

· 01-06 06:55

Unlimited gains, sooner or later it's a trap. --- Trading volume shrinks 99% and you still dare chase? This is the self-cultivation of a retail investor. --- Waiting for a 15% pullback isn't an option either, this coin has such poor liquidity it's painful, pullbacks are all traps. --- You're right, but I got on anyway, it's not like I can lose much money haha. --- RSI overbought and liquidity void, sounds very professional, but can you actually make money? --- People sitting on the sidelines watching always end up regretting it, missed out on a 25% rally. --- I've seen this kind of analysis too many times, it always ends up getting called out. --- It does seem a bit sketchy, but some people just like playing these high-risk games, to each their own. --- Then I'll alert you when I'm ready to bottom fish, this coin will crash hard when it does.

View OriginalReply0

BearMarketNoodler

· 01-06 06:52

The rise of Wulian is just bluffing; wait for the pullback to see.

View OriginalReply0

CodeAuditQueen

· 01-06 06:51

99% trading volume shrinkage, this is just like reentrancy bugs in smart contracts—superficially prosperous but fundamentally full of bugs, waiting to be exploited. No volume pump, a typical liquidity trap, I won't touch it. High RSI combined with low trading volume... this is a sign of accumulating risk, don't be fooled by the mysterious indicators. The liquidity is so poor that shorting is more dangerous than playing Russian roulette. I won't enter unverified projects. Wait for a -15% correction plus trading volume recovery before considering, everything else is trap logic. The vulnerabilities in this market are too obvious; rather than being harvested, it's better to preserve cash flow.

View OriginalReply0

MetaEggplant

· 01-06 06:45

Trading volume shrank by 99% yet they still boast about the increase in price. If this isn't a false boom, what is... Let's wait for the correction before commenting.

View OriginalReply0

ContractCollector

· 01-06 06:37

The rise of Wulian is just a puff of air; wait for the pullback before talking.

View OriginalReply0