Look from another angle: the dip is pretty deep, but it hasn't broken.
For the Alpha sector’s order flow, with $22.73M, honestly it’s not that big. But the turnover rate for this market-cap range is pretty active. The level at 0.53 is sitting in the middle: above it at 0.576 is today’s high resistance pressure; below it at 0.506 is the support that has just been tested again.
Some big V accounts are discussing rotation within the Alpha sector, and sentiment has warmed up a bit. But this move of $PONS , down -3.76%, feels more like it’s following the decline rather than catching up. On-chain, I don’t see big whale activity. Retail is getting cut, while smart money is waiting.
My take: this kind of low-volume pullback could be either a shakeout or simply no one stepping in. The key is whether 0.506 can hold. If it breaks, that’s another story. Don’t rush to buy yet—let the volume speak.
Which Alpha asset are you watching? Chat in the comments.
$PONS #行情分析 #on-chain data
For the Alpha sector’s order flow, with $22.73M, honestly it’s not that big. But the turnover rate for this market-cap range is pretty active. The level at 0.53 is sitting in the middle: above it at 0.576 is today’s high resistance pressure; below it at 0.506 is the support that has just been tested again.
Some big V accounts are discussing rotation within the Alpha sector, and sentiment has warmed up a bit. But this move of $PONS , down -3.76%, feels more like it’s following the decline rather than catching up. On-chain, I don’t see big whale activity. Retail is getting cut, while smart money is waiting.
My take: this kind of low-volume pullback could be either a shakeout or simply no one stepping in. The key is whether 0.506 can hold. If it breaks, that’s another story. Don’t rush to buy yet—let the volume speak.
Which Alpha asset are you watching? Chat in the comments.
$PONS #行情分析 #on-chain data