Wrote the ETH piece about an hour ago, saying that AVAX had been the hardest hit and fell the most—only for it to jump onto the hot search by itself. In this wave of L1 panic-selling on the emotional front, it’s the epicenter; I’m bearish.
I looked into it: ADA is still dragging lower. This set leads one down and then the next follows—no one is getting wrongly swept aside.
AVAX’s own chart looks ugly: the ten psychological levels are sitting beneath your feet, and all the moving averages are pressing down overhead. Today it didn’t even give a decent rebound.
My discipline: if the rebound at 10.527 doesn’t come with volume, I keep the order going; only after it gets back above do we talk about stabilization. If 9.896 breaks the day’s low, then directly look at 9.551—don’t buy in halfway up the mountain.
For the ticket at the epicenter, are you buying the dip or waiting for a second pullback? If you buy the dip, deduct 1; if you wait, deduct 2$AVAX $ADA #L1 #行情分析
I looked into it: ADA is still dragging lower. This set leads one down and then the next follows—no one is getting wrongly swept aside.
AVAX’s own chart looks ugly: the ten psychological levels are sitting beneath your feet, and all the moving averages are pressing down overhead. Today it didn’t even give a decent rebound.
My discipline: if the rebound at 10.527 doesn’t come with volume, I keep the order going; only after it gets back above do we talk about stabilization. If 9.896 breaks the day’s low, then directly look at 9.551—don’t buy in halfway up the mountain.
For the ticket at the epicenter, are you buying the dip or waiting for a second pullback? If you buy the dip, deduct 1; if you wait, deduct 2$AVAX $ADA #L1 #行情分析