I just took a look at the chart of $AKE . To be honest, that needle’s drop is spine-chilling.
Lots of people ask me if they can bottom-fish at 0.046? I didn’t answer directly—I just threw the 1-hour K-line chart at them.
👉 The typical “downtrend after a spike trap” period: Look at that long upper wick that pierced up to 0.164—that’s the classic “main force probing + distributing” done in one go. From 0.164 down to now 0.046, the price has basically been cut to one-third. What does that mean? It means anyone who chased after that spike is now deeply trapped, and the overhead trapped positions are heavy as mountains. Now the rebound is just the main force slowly offloading the remaining shares.
👉 The downtrend hasn’t changed: 0.046 may look like a bottom, but it’s actually precarious. The moving average system is still in a bearish alignment. As long as it can’t strongly hold above 0.06, all rebounds are just traps to lure people in.
This is the typical “A-shaped killing”—the most lethal kind of market.
My strategy is conservative:
❌ Don’t blindly bottom-fish: 0.046 right now is catching a falling knife. Don’t think you’re smarter than the main force.
✅ Key levels:
Support (observe): 0.040–0.042. This is the top of the platform before the breakout. If it can’t be held, below it is a bottomless abyss.
Resistance (escape): 0.058–0.062. If the rebound hits here and gets rejected, leave immediately—don’t be greedy.
Stop loss: a drop below 0.038. If the trend is broken, don’t fantasize—run!
Straight talk: “After an extreme volume comes an extreme price; after an extreme price comes hell.” When everyone thinks the sell-off is finally over and they want to bottom-fish, there’s often still a basement. Better to miss the so-called rebound than to be that unlucky person buried at the foot of the mountain.
Lots of people ask me if they can bottom-fish at 0.046? I didn’t answer directly—I just threw the 1-hour K-line chart at them.
👉 The typical “downtrend after a spike trap” period: Look at that long upper wick that pierced up to 0.164—that’s the classic “main force probing + distributing” done in one go. From 0.164 down to now 0.046, the price has basically been cut to one-third. What does that mean? It means anyone who chased after that spike is now deeply trapped, and the overhead trapped positions are heavy as mountains. Now the rebound is just the main force slowly offloading the remaining shares.
👉 The downtrend hasn’t changed: 0.046 may look like a bottom, but it’s actually precarious. The moving average system is still in a bearish alignment. As long as it can’t strongly hold above 0.06, all rebounds are just traps to lure people in.
This is the typical “A-shaped killing”—the most lethal kind of market.
My strategy is conservative:
❌ Don’t blindly bottom-fish: 0.046 right now is catching a falling knife. Don’t think you’re smarter than the main force.
✅ Key levels:
Support (observe): 0.040–0.042. This is the top of the platform before the breakout. If it can’t be held, below it is a bottomless abyss.
Resistance (escape): 0.058–0.062. If the rebound hits here and gets rejected, leave immediately—don’t be greedy.
Stop loss: a drop below 0.038. If the trend is broken, don’t fantasize—run!
Straight talk: “After an extreme volume comes an extreme price; after an extreme price comes hell.” When everyone thinks the sell-off is finally over and they want to bottom-fish, there’s often still a basement. Better to miss the so-called rebound than to be that unlucky person buried at the foot of the mountain.
