Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 40+ AI models, with 0% extra fees
IRYS(IRYSUSDT) Recently, several noteworthy phenomena have emerged on the technical front. On the 1-hour chart, the MACD has formed a high-level death cross, and trading volume has significantly shrunk. This divergence between price and volume usually indicates the exhaustion of upward momentum. Furthermore, the 4-hour RSI indicator has fallen from an extreme high of 90 to 59, suggesting that large funds may be quietly exiting the market.
Combining these signals, a classic bearish divergence pattern can also be seen on the chart—price reaching new highs while volume does not follow, which often signals a reversal. Currently, IRYS is trading around 0.0449, and from a technical perspective, this presents a relatively clear shorting opportunity.
It is important to remember that technical analysis is only a reference tool. The market may experience unexpected volatility, and any trading decision should be made cautiously, assessing your own risk tolerance.
Are big funds fleeing?
It's the same technical analysis explanation again. What if it reverses and surges in the next second?
I am optimistic about IRYS in the long term. For now, I won't trust these short-term signals.
A short opportunity... sounds exciting, but I prefer to wait for a deeper decline.
RSI from 90 to 59, a normal correction, what's there to be afraid of?
Volume-price divergence has fooled me several times.
Around 0.0449 is indeed a key level, but not many are brave enough to jump in.
RSI dropped from 90 directly, it looks like big players are really fleeing.
Wait for the rebound to the resistance level before shorting, no rush to buy the dip at the price of 0.0449.
MACD death cross and shrinking volume—I've heard this combo too many times, and what happened? A sudden rally in the opposite direction
RSI dropping from 90 to 59 is nothing new; the whole market is just shaking out, big funds exiting? Why isn't there a decline?
Bearish divergence, bearish divergence, every day bearish divergence—which one is really genuine?
Large funds have already exited at high levels, and we're retail investors still there picking up the bag?
Top divergence is always accurate; this wave at 0.0449 definitely should be smashed.
People say "tech analysis is just a reference," but look at the historical charts—these reversal signals are never wrong.
Shrinking volume is the real culprit; coins with no buyers are doomed.
I've seen many MACD death crosses, yet they still rebound.
Wait, RSI dropped from 90 to 59, that's quite a sharp move.
But at the 0.0449 level, is it a shorting opportunity? It looks like it's going to rebound to me.
Where's the cautious risk assessment you promised? Aren't you just trying to get me to chase a short?
---
Another bearish divergence. Is this time really going to crash?
---
RSI dropped from 90 to 59, funds are fleeing very quickly.
---
MACD death cross volume is shrinking. This combination is too classic.
---
The 0.0449 level feels like it's going to break.
---
Every time, they say the technical reversal, but isn't it just a reverse operation in the end?
---
Large funds quietly exiting? Why can't I see who’s running?
---
The bearish divergence theory is back again. What happened last time?
---
I really don’t understand what volume-price divergence indicates. Anyway, following the trend is never wrong.
---
It looks like the bear market is here, but I bet they’re all wrong.
The signal of big funds fleeing is so obvious, why not act?
A shorting opportunity? I think it's a trap set by the bulls.
RSI dropped from 90 to 59, the exit must have been quite harsh.
0.0449 really can't be bottomed out; it feels like it will continue to decline.
Shrinking volume indicates nervousness; never chase highs.
With such poor technicals, only a black swan positive event can save the situation.
Uh, no, it's another top divergence. I just want to ask, how many times can you trust this thing in a month?
IRYS this wave is a bit risky, 0.0449 shorting opportunity? It looks like a trap to me.
To put it nicely, it's just gambling on whether it can continue to rise, risk is on your own.
This RSI dropped from 90 to 59, indeed someone is dumping, but who knows if it will rebound?