$AKE 24 hours from 0.0564 down to 0.044, -14.73%. With a trading volume of 12 million USDT, basically it’s someone distributing/selling off. 😐
I checked on-chain: in the Alpha sector, capital rotation has been very fast lately, and this sell-off from $AKE isn’t an isolated incident. The 0.044 level is right at a previous high-concentration area of holdings. Whether it can hold is the key. If it holds, it’s a shakeout; if it can’t, it’s a trend reversal.
Community sentiment is pretty divided right now—some are shouting to buy the dip, while others are cursing the project team. I think this is exactly when you should stay calm: the panic selling hasn’t fully played out yet—don’t rush to catch a falling knife.
A few big V’s are also discussing it in the group chat, and opinions are wildly different. My take: wait for the volume to contract before looking again—if you enter now, you’re just gambling.
What do you think about this pullback? $AKE #行情分析 #on-chain data
I checked on-chain: in the Alpha sector, capital rotation has been very fast lately, and this sell-off from $AKE isn’t an isolated incident. The 0.044 level is right at a previous high-concentration area of holdings. Whether it can hold is the key. If it holds, it’s a shakeout; if it can’t, it’s a trend reversal.
Community sentiment is pretty divided right now—some are shouting to buy the dip, while others are cursing the project team. I think this is exactly when you should stay calm: the panic selling hasn’t fully played out yet—don’t rush to catch a falling knife.
A few big V’s are also discussing it in the group chat, and opinions are wildly different. My take: wait for the volume to contract before looking again—if you enter now, you’re just gambling.
What do you think about this pullback? $AKE #行情分析 #on-chain data