About 6 hours ago, three contracts that had a bearish warning for a high-level distribution in the morning are currently showing results of 1兑现 (follow-through) and 2拉扯 (hesitation/tug-of-war): WAXP has begun to weaken, while ALLO and BICO have not yet formed a one-sided bearish drop.
Initial watch recap: the chips are散 (scattered).
WAXP: 兑现 (follow-through). The morning bearish view has already played out into a pullback.
After the first release, the price continued to weaken by 3.41%, indicating that high-level pressure is being released downward.
The aggressive buy/sell ratio fell from 1.34 to 1.02; the dominance of aggressive buying is clearly narrowing, and the bid support is also thinning.
ALLO: 拉扯 (hesitation). The bearish view in the morning has not received price confirmation yet.
After the first release, the price actually rose by 0.62%, suggesting the downside move has not unfolded.
The aggressive buy/sell ratio increased from 0.71 to 1.13; aggressive buying has regained the upper hand, weakening expectations of a one-way pullback.
BICO: 拉扯 (hesitation). The price is basically stuck near the first release level, and the bearish move hasn’t broken out.
After the first release, the price only dipped by 0.06%, and the downward pressure is insufficient to confirm a pullback.
The aggressive buy/sell ratio rose to 1.29; aggressive buying has not retreated, and the market is still tug-of-war between bulls and bears.
Next, keep watching together whether the price can continue to weaken, and also whether aggressive buying will fall back and whether bid support will thin further—this is the confirmation for a continued slow grind lower.
If ALLO and BICO continue to maintain an advantage in aggressive buying and the price still doesn’t weaken for a long time, then the morning bearish view needs to be reconsidered; if WAXP stabilizes again and aggressive buying rebounds, that would also serve as a counter-evidence.
$WAXP $ALLO $BICO #Contract recap
Live trading disclosure: This account currently holds FOGO long positions; the related viewpoints match the actual exposure.
This content is assisted by Claude Fable 5 and is for information reference only—please verify it yourself.
Initial watch recap: the chips are散 (scattered).
WAXP: 兑现 (follow-through). The morning bearish view has already played out into a pullback.
After the first release, the price continued to weaken by 3.41%, indicating that high-level pressure is being released downward.
The aggressive buy/sell ratio fell from 1.34 to 1.02; the dominance of aggressive buying is clearly narrowing, and the bid support is also thinning.
ALLO: 拉扯 (hesitation). The bearish view in the morning has not received price confirmation yet.
After the first release, the price actually rose by 0.62%, suggesting the downside move has not unfolded.
The aggressive buy/sell ratio increased from 0.71 to 1.13; aggressive buying has regained the upper hand, weakening expectations of a one-way pullback.
BICO: 拉扯 (hesitation). The price is basically stuck near the first release level, and the bearish move hasn’t broken out.
After the first release, the price only dipped by 0.06%, and the downward pressure is insufficient to confirm a pullback.
The aggressive buy/sell ratio rose to 1.29; aggressive buying has not retreated, and the market is still tug-of-war between bulls and bears.
Next, keep watching together whether the price can continue to weaken, and also whether aggressive buying will fall back and whether bid support will thin further—this is the confirmation for a continued slow grind lower.
If ALLO and BICO continue to maintain an advantage in aggressive buying and the price still doesn’t weaken for a long time, then the morning bearish view needs to be reconsidered; if WAXP stabilizes again and aggressive buying rebounds, that would also serve as a counter-evidence.
$WAXP $ALLO $BICO #Contract recap
Live trading disclosure: This account currently holds FOGO long positions; the related viewpoints match the actual exposure.
This content is assisted by Claude Fable 5 and is for information reference only—please verify it yourself.
