Looking at AXS's recent movement, it has completely broken away from the oscillation range and is now in a clear bearish pattern. Rebound? There’s hardly any strength, with each high lower than the previous one, showing a distinct stepwise bottoming pattern. The bears are in control of the market rhythm, with continuous selling pressure.



From a technical perspective, the 1.85-1.90 range is a good short entry point, with key supports at 1.70 and 1.34.

#Strategy加仓BTC $AXS $COAI all worth paying attention to in terms of trend correlation. When the market style is like this, holding cash should be done cautiously.
BTC-2,17%
AXS-11,03%
COAI-6,17%
DASH-0,23%
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SmartContractDivervip
· 4h ago
The stepped bottoming out this time is indeed fierce; the bears are eating meat.
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NFTHoardervip
· 4h ago
AXS's trend is really frightening; the bears are too strong. I'm a bit tempted to short at 1.85. Stepped bottoming... really, I can't see where the rebound will come from. Holding coins really requires caution; it's easy to get caught off guard when trying to bottom fish. Can 1.70 hold? Feels all dangerous.
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0xInsomniavip
· 4h ago
The description of a stair-step bottoming out is spot on; AXS is now just a bear dance.
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WhaleStalkervip
· 4h ago
The bears are really holding strong, and the downward trend of AXS is making me a bit anxious. If it can't break below 1.85, it might be even more painful.
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GraphGuruvip
· 4h ago
The step-by-step bottoming out is a brilliant judgment; the bears are really stuck tight.
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GasFeeBeggarvip
· 4h ago
AXS is completely finished now, with the bears firmly suppressing it, making rebounds difficult. Entered a short position at 1.85, but I'm still afraid of a sudden reverse move, after all, this market is quite volatile.
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