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RVV recently surged by 21%, and many people rushed in to chase the trend, but take a closer look at the trading volume—it's plummeted by over 99%. Is this kind of rise really healthy?
On the technical side, all timeframes are showing upward movement, but the MACD histogram on the 1-hour K-line has already turned downward, indicating a clear disconnect between price and momentum. What's more concerning is that the trading volume is almost nonexistent, which essentially means no one is truly participating—it's just a false show of strength. When liquidity dries up, pushing prices up becomes extremely risky; if a sharp decline happens and no one supports it, you understand the consequences.
I'm not saying it will fall immediately, but the real question is how long this kind of market can last. When everyone is watching the percentage increase and getting high on the numbers, that's often the last rally before a reversal.
**My take: just watch for now**
In this environment, any action is basically gambling. Instead of chasing the high, it's better to wait for a clear signal—either a volume breakout or a volume-supported breakdown of this consolidation. Only enter when such a choice appears. No matter how big the space, you need to stay alive.
*Disclaimer: This is only personal analysis and does not constitute investment advice.*