Post
挖矿的小羊
·
--
$AXS The whales quietly bought 15 million dollars, while retail investors were frantically shorting. This divergence is actually quite interesting.
The technical indicators do not look good. The price has broken below all moving averages, MACD has crossed bearish, and RSI is below 50. The three black crows pattern is a typical bearish signal. According to textbooks, this is a standard downtrend.
But I've noticed a detail. Trading volume is shrinking while the price is rising. What does this divergence usually indicate? It could either be the final frenzy or capital quietly positioning itself.
The behavior of the whales is intriguing. An increase of 15 million dollars during market panic. This contrarian thinking is actually worth contemplating.
Ecological reforms are also underway. The issuance of SLP has been halted, and bAXS has been launched. These actions are all aimed at long-term value. Short-term technical fluctuations might just be noise for long-term positioning.
The current price is around 2.37. Support is at 2.27, and resistance is at 2.57.
Most importantly, what kind of game are you playing? Are you trading short-term based on technical indicators, or are you following the whales for value? These are two completely different mindsets.
My judgment is quite simple. The 2.27 level is the key support. If it holds, combined with the continuous inflow of whale capital, a rebound from an oversold condition is very likely. Target around 2.57.
But if it breaks below 2.2, then caution is advised. It might test the deep support at 1.88.
The technical indicators do not look good. The price has broken below all moving averages, MACD has crossed bearish, and RSI is below 50. The three black crows pattern is a typical bearish signal. According to textbooks, this is a standard downtrend.
But I've noticed a detail. Trading volume is shrinking while the price is rising. What does this divergence usually indicate? It could either be the final frenzy or capital quietly positioning itself.
The behavior of the whales is intriguing. An increase of 15 million dollars during market panic. This contrarian thinking is actually worth contemplating.
Ecological reforms are also underway. The issuance of SLP has been halted, and bAXS has been launched. These actions are all aimed at long-term value. Short-term technical fluctuations might just be noise for long-term positioning.
The current price is around 2.37. Support is at 2.27, and resistance is at 2.57.
Most importantly, what kind of game are you playing? Are you trading short-term based on technical indicators, or are you following the whales for value? These are two completely different mindsets.
My judgment is quite simple. The 2.27 level is the key support. If it holds, combined with the continuous inflow of whale capital, a rebound from an oversold condition is very likely. Target around 2.57.
But if it breaks below 2.2, then caution is advised. It might test the deep support at 1.88.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.