To be honest, this time we’ve finally got both the abnormal move and the solid evidence lined up. In that $AKE short-term cycle, the downside structure hasn’t finished unfolding at all. The feel of the board to me is that every rebound is basically feeding fuel to the shorts. For a type that can smash a deep pit in a ten-minute timeframe, the biggest danger is that you get an itch and go catch the flying knife. I watched the volume and momentum for a long time—every time it bounces back, it does so on shrinking volume. That shows the longs’ little bit of resistance is nothing more than self-delusion; they can’t actually hold the fort.
Now look at the four-hour structure—the price center of gravity has been shifting downward continuously, and the moving averages are pressing down hard. In this kind of formation, talking about a reversal is like paying your own wallet in exchange for trouble. Some people might say, “It’s fallen so much—shouldn’t we bottom-fish now?” I’ll ask you back: if the big player dares to play a long-and-short double blast at this level, would they really give you a comfortable entry spot?
Right now, the risk-reward ratio is clearly still tilted toward further downside. Don’t fight the trend. I think there will be another round of accelerated sell-off later. Wait until a truly massive volume prints and then you see a long lower wick that closes—then it won’t be too late to discuss stopping the decline. With the current price action, just be honest and bearish.
See the vastness of mountains and seas; observe the subtle movements of the market.
Walk with Uncle Xiong, and see gains and losses rise with the heavens.
#AKE
Click below to trade 👇
Now look at the four-hour structure—the price center of gravity has been shifting downward continuously, and the moving averages are pressing down hard. In this kind of formation, talking about a reversal is like paying your own wallet in exchange for trouble. Some people might say, “It’s fallen so much—shouldn’t we bottom-fish now?” I’ll ask you back: if the big player dares to play a long-and-short double blast at this level, would they really give you a comfortable entry spot?
Right now, the risk-reward ratio is clearly still tilted toward further downside. Don’t fight the trend. I think there will be another round of accelerated sell-off later. Wait until a truly massive volume prints and then you see a long lower wick that closes—then it won’t be too late to discuss stopping the decline. With the current price action, just be honest and bearish.
See the vastness of mountains and seas; observe the subtle movements of the market.
Walk with Uncle Xiong, and see gains and losses rise with the heavens.
#AKE
Click below to trade 👇