$WAXP : Pressure at Window Low, Bearish Bias and Tighter-Liquidity Risk
Fundamentals and Valuation
Key drivers: Bond-market selloffs and higher oil prices point to tighter financial conditions and weaker risk appetite, potentially limiting organic spot inflows into $WAXP . Crypto Fear & Greed fell to 49 from 50 yesterday and 57 last week, signaling caution but not capitulation.
Valuation and flows: Market capitalization is $22.29M, with daily turnover at 2.80% of market cap. The FDV ratio is 100.04%, indicating minimal token-unlock overhang. Daily large-order net flow was +$2,142.62, but the 2.20% large-order buyer share diverged from the 49.68% taker-buy share.
Trend and Technicals
Key levels: WAXP is trading at $0.00478, below the lower envelope at $0.00528 and MA60 at $0.00511. A sustained recovery above $0.00511 would weaken the current bearish structure.
Fundamentals and Valuation
Key drivers: Bond-market selloffs and higher oil prices point to tighter financial conditions and weaker risk appetite, potentially limiting organic spot inflows into $WAXP . Crypto Fear & Greed fell to 49 from 50 yesterday and 57 last week, signaling caution but not capitulation.
Valuation and flows: Market capitalization is $22.29M, with daily turnover at 2.80% of market cap. The FDV ratio is 100.04%, indicating minimal token-unlock overhang. Daily large-order net flow was +$2,142.62, but the 2.20% large-order buyer share diverged from the 49.68% taker-buy share.
Trend and Technicals
Key levels: WAXP is trading at $0.00478, below the lower envelope at $0.00528 and MA60 at $0.00511. A sustained recovery above $0.00511 would weaken the current bearish structure.