Contract Quant Report
#88 | The divergence is still there, I'd rather wait for AXS to pull back, CLO is on watch for a second confirmation
The market is still leaning towards waiting for confirmation, not suitable for chasing. Today's signals are very much like 'there's a chance, but let's see who can hold their ground': AXS is close to the 20-day line, pulling back not too deep, but showing weakness on the 1-hour chart; CLO just had a bounce, but the 6-hour is still looking weak, so let's see if it can turn that bounce into stability.
Top Candidate 1: AXSUSDT
I prefer to look at this type of setup first, not in a rush to chase. The funding rate is slightly negative, the 1-hour and 6-hour charts are slightly retreating, but the open interest on the 1-hour has increased significantly, indicating that the game is still on, the issue is that it looks more like a position of 'waiting for direction' right now.
Observation Level: Around 1.16
Trigger Condition: If it pulls back without breaking below and then re-establishes above 1.18, we’ll look to see if 1.20 can continue to open up.
Invalidation Condition: If it drops back below 1.13, it indicates that this strong push towards the moving average has lost its strength.
Top Candidate 2: CLOUSDT
Its rhythm seems more like a quick lift before checking for support, the 1-hour shows a bounce, but the 6-hour hasn’t completely turned around yet, I won’t treat it as a blind high-chasing target.
Observation Level: Around 0.267
Trigger Condition: After stabilizing above 0.268, if it continues to probe upward to 0.275, then we can consider the bounce has continuation.
Invalidation Condition: If it drops back below 0.255, it shows that the sentiment is still leaning short.
Alternative Watch / Not Chasing: BICOUSDT
It has surged quite a bit, but it's too far from the moving average, making it prone to overheating and easy to give back gains, so I’ll set it aside for observation and won’t chase.
Risk Warning: Today is more suitable for waiting for pullbacks and confirmations, not for chasing blindly; once a confirmation comes out, the cost of missing out will significantly increase, but until there’s confirmation, it’s better to do less than to force a position.