What Is the Relative Strength Index (RSI)? Why Doesn’t Overbought Mean a Drop Is Inevitable, or Oversold Mean a Rebound Is Certain?
In cryptocurrency trading, RSI is a common technical analysis indicator that can help traders observe price momentum. But many people see RSI rise above 70 and immediately go short, or drop below 30 and rush to buy the dip, only to see the market move against their expectations. The issue is that an indicator reflects market conditions, not an inevitable price reversal.
First, what is RSI?
The Relative Strength Index (RSI) typically ranges from 0 to 100 and measur

HighAmbitionan hour ago

#GateLaunchesPoSECProofOfSecurity #ShareWeekly
Gate’s Launch of PoSEC (Proof of Security): A Landmark Step Forward in Platform Security, Transparency, and User Trust
Gate has once again demonstrated why it stands among the leaders in the digital asset industry by officially introducing PoSEC – Proof of Security. This is not a minor update or a marketing slogan. It is a meaningful, practical advancement that addresses one of the most important concerns for every user: the real-world protection of their assets under both normal and extreme conditions. In a sector where trust must be earned thro

KunrenCrypto12 minutes ago

$BTC $ETH As the market has moved so far
there are still some signs of a general downturn
my friend has managed to hold on
At the worst point, the unrealized loss was around 8000
now it’s down to 5000
Let’s see if they can turn a profit later or take only a small loss
that’s better than the current momentum continuing to carry it downward
It should be able to test the one-hour support level
That’s why I told my friend to hold on too
#非农就业数据

BTC-0.67%

ETH-1.23%

CryptoCircleBullSays an hour ago

Unitree Robotics CEO Wang Xingxing explained at a forum that this year’s robot combat demonstrations were less entertaining than last year’s because the robots had become much more stable: they could stay on their feet even after being hit, so there were fewer dramatic knockdowns. Last year, their poor stability actually made the fights feel more intense. He also introduced fully autonomous combat powered by an end-to-end world model.
Technological progress has turned “more stable” into “less entertaining”—stability has come at the expense of spectacle. The progress is good, but staying on you

BTC-0.67%

LinranFinance2 hours ago

Reviewing yesterday’s market action with everyone: regarding the short setup I shared earlier, I repeatedly emphasized that the initial position should be small and risk management must always come first.
Yesterday’s sudden explosive rally was driven by a complex mix of news. I had expected the market to pull back once the anticipated outcome was announced, and many market participants were positioning based on those expectations. This was compounded by the positive impact of the sharp drop in oil prices. The bill was originally expected to be delayed, but then news emerged that it would conti

BTC-0.65%

ETH-1.23%

SOL-0.74%

PitbullChain 20 minutes ago

⚖️ OFAC has once again extended the freeze on Citgo: the auction is on hold until December 18.
There have now been 28 extensions since the original license. No one gets paid yet, and no one loses yet: a technical stalemate renewed every few weeks, leaving uncertainty as the case’s main asset.
But the most important detail isn’t the extension itself, but a clarification from OFAC: the agency hinted that it could authorize specific licenses allowing holders of PDVSA 2020 bonds to negotiate restructurings or refinancings, even separately from the guarantee tied to Citgo.
It’s the first sign in ye

UQueen2 hours ago

$ETH looks really good on a lower timeframe.
On the higher timeframe, though, we still need to break the bearish EMAs.
▫️ So far we’ve had 3 rejections
▫️ A daily close above 2400 flips it to full risk-on mode

ETH-1.26%

CryptoMishuan hour ago

Trade Stocks, Win Stock Tokens https://www.gate.com/campaigns/6714?ref=VLARBF1YAG&ref_type=132

ACaiStar an hour ago

How can you identify market conditions? Why might the same trading strategy perform very differently in bull, bear, and sideways markets?
In cryptocurrency trading, many people look for a fixed strategy that can continue to generate profits no matter how market conditions change. But markets do not always operate in the same way. When trends, volatility, and capital flows change, the same strategy can perform quite differently.
First, what is a market regime?
A market regime refers to the overall characteristics of market behavior during a particular period. It is typically classified as a bul

Usmanali14079318 minutes ago

#GateLaunchesPoSECProofOfSecurity

Gate Introduces Proof of Security: A New Standard for Measuring Cryptocurrency Exchange Protection
The cryptocurrency industry continues to evolve as investors become increasingly concerned about exchange security, asset protection, and financial transparency. Gate has taken an important step in this direction with the official launch of Proof of Security, known as PoSEC. This initiative expands the traditional concept of Proof of Reserves by providing additional information about how user assets are stored and protected. Rather than focusing exclusively on

GT-2.41%

Zelairaan hour ago

BTC, ETH, GT, XRP, DOGE

LIVE2,895

Cryptoguideran hour ago

#BTC had a sharp pump in the market and nearly hit resistance, with the price moving sideways after that move. We have #NFP tomorrow, which can lead to either a rejection or a break above, so keep an eye on it.
$BTC ‌#BTCBackAbove80K #ShareWeekly

BTC-0.67%

ybaser44 minutes ago

#10月非农数据聚焦
Strong employment data does not always signal a rally; markets will focus on how these figures might influence the policy of the U.S. Federal Reserve (Fed).
Ahead of the Non-Farm Payrolls (NFP) report, my stance is one of "cautious optimism." Rather than taking aggressive positions before the data is released, it would be wiser to observe the market's initial reaction and the movement in interest rates.
My NFP Strategy: Strong Employment or a Healthy Cooling-Off?
The ADP report for October showed that the U.S. private sector added 86,000 new jobs—a figure that exceeded economists'

BTC-0.67%

NVDA-3.03%

XAUUSD+1.64%

XBRUSD+0.98%

GT-2.41%

Bully 16 minutes ago

Market finally pumping and you already know what time it is 😂
Adding more bags of $HAPPY here. I like what I'm seeing and I'm not planning to miss the next leg
Been loading up and still not done. This one could get crazy real quick 👀🚀

CryptoCircleAraki2 hours ago

I had just brewed a cup of tea and sat down
when my phone immediately lit up with a string of discussions about INJC
It turns out Nasdaq has approved the listing application for Canary Capital’s Canary Staked INJ ETF, ticker INJC; Form 8-A12B was filed around November 3, and the prospectus is dated November 4
The fund typically stakes at least 90% of its INJ holdings; BitGo is the custodian, and the fee is 1.10%; it still needs to wait for the SEC to declare its S-1 registration statement effective before it can actually launch, so it can’t yet be considered a tradable product
After the news b

INJ-1.67%

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