$AKE That needle which was driven in from 0.16 is stuck far too deep. This current sideways action isn’t stabilizing to stop the fall—it’s people who are trying to escape catching their breath. After dropping seventy percent, everything above is full of leveraged positions that are trapped. Each rebound wave is manufacturing illusions for the capital that hasn’t managed to get out.
The chip structure has been broken for a long time. This rally is mainly driven by in-market matching orders; there just aren’t many real buyers waiting outside to take the bag. The project itself has no product, and the whole “milestone node” setup has long since fallen apart. The team can’t produce anything to prop up the show. Once this kind of market starts going downhill, it won’t give retail investors a decent chance to exit.
The funding rate is still hovering in negative territory. The long-vs-short ratio has eased back, but the chart is extremely light. The 0.05 to 0.055 range is filled with dip-buying orders that chased in today. Once they can’t hold and get cut, below is a slide with no resistance. The so-called “relay rebound” is just deceiving the final batch of people who want to bet on a bounce into entering.
Continue short from 0.046 to 0.050, place the stop-loss above 0.058. The first target is 0.030; if it breaks, look to 0.020. The trend hasn’t changed—don’t let two bullish candles shake your eyes.
The chip structure has been broken for a long time. This rally is mainly driven by in-market matching orders; there just aren’t many real buyers waiting outside to take the bag. The project itself has no product, and the whole “milestone node” setup has long since fallen apart. The team can’t produce anything to prop up the show. Once this kind of market starts going downhill, it won’t give retail investors a decent chance to exit.
The funding rate is still hovering in negative territory. The long-vs-short ratio has eased back, but the chart is extremely light. The 0.05 to 0.055 range is filled with dip-buying orders that chased in today. Once they can’t hold and get cut, below is a slide with no resistance. The so-called “relay rebound” is just deceiving the final batch of people who want to bet on a bounce into entering.
Continue short from 0.046 to 0.050, place the stop-loss above 0.058. The first target is 0.030; if it breaks, look to 0.020. The trend hasn’t changed—don’t let two bullish candles shake your eyes.
