Behind this line, there’s still over 17 million in volume. This isn’t a slow bleed; someone is truly distributing (selling). I checked the order book: the 24h low at 0.2299—the pin went in pretty deep. Now it’s hovering around 0.2468. That’s just how stocks in the Alpha sector behave—sentiment comes fast and fades just as fast. A few days ago, the community was still shouting about the narrative returning to $AI agent; today, nobody’s talking in the group anymore. A few big V accounts were still pushing $AI ’s on-chain data two days ago, saying things like the number of addresses is rising. I looked it up: yes, it’s rising, but it’s mostly small retail folks accumulating; meanwhile, whale addresses are actually shifting outward. Classic smart money runs first, while the sentiment market reacts late. The 0.23 level is crucial—if it breaks below, that’s a vacuum zone. Don’t see a bounce for two candles and call it a reversal. With this kind of volume-price structure, in plain terms, it’s basically capital drawing a curtain.

$AI #行情分析 #on-chain data