#Anthropic reportedly plans to publicly release IPO filing documents by late August. Fundraising may be enough to catch up to SpaceX, and the AI sector is set to get lively again. But over on the BSB side it’s a bit cool—down 8.5% in the last 24 hours, current price 0.1162.
Market view: The 1-hour chart just bottomed and rebounded, but the 4-hour chart is still in a declining channel—it's 31% away from the high. In the order book, there are 1,200 more sell orders than buy orders, with selling pressure dominating. Funding rate is 0.0463%, slightly low; open interest is 13.44 million, suggesting longs and shorts haven’t fully exited.
Key levels: Support 0.1142 (4-hour low). If it breaks down, watch 0.1100. Resistance 0.1324 (1-hour high). If it holds above, look for 0.1400.
Trading suggestions: Aggressive traders can look for a rebound around 0.1150, target 0.1280, and set a stop loss at 0.1120. Conservative traders should wait for a drop-stabilization signal on the 4-hour timeframe before entering.
Risk warning: selling pressure continues to build up; 24-hour trading volume is only 7.15 million, which is somewhat lukewarm. The AI-themed market may be fading, which could further drag prices down.
—This is only my personal opinion and does not constitute investment advice. Wishing you successful trading.—