4.14 Morning RAVE View: Technical Indicators Are Useless! Volume Is the Key!

Right now, in the RAVE market, most technical indicators are basically failing. Next, it will be either a direct big bearish candle breaking through, or another wave of a 20% surge—nobody can say for sure.

When it comes to RAVE, there are only two things that truly matter: volume and funding rates.

First, look at volume. RAVE’s current contract trading volume has already exceeded Bitcoin and Ethereum. For a market with a $2 billion valuation, the trading volume is so outrageous—indicating that the bulls and bears are already fighting at a fever pitch, with shorts getting blown out everywhere. But a sudden surge in volume also means the big players are quietly closing longs with massive trades, preparing to harvest.

Next, look at the funding rates. The negative funding rates are downright terrifying, with an annualized rate approaching 6000%. The closer it gets to the end of the market, the more the big players will use extreme funding rates to drive one side away, making people afraid to enter. Even if you dare to enter, the market maker holds everyone’s stop-loss and liquidation positions—so they can control things exactly how they want.

Be careful. If you want to play RAVE, first weigh whether you can hold up under extreme market conditions.#Gate13周年Dr.Han公开信 $RAVE