#Strategy加仓BTC The 4-hour chart performance of AXS looks quite clear. A while ago, it surged to 2.23 but lost momentum and dropped straight down. Now it is trapped in a high-level oscillating downward channel, giving investors no chance to breathe.

The Bollinger Bands firmly push the price below the middle band. Every rebound attempt to go higher gets blocked by the middle band, with each high point lower than the previous one, a typical sign of weakness. The volume also cooperates perfectly—shrinking during rises and exploding during falls, which is obvious to anyone watching that the main force is retreating.

Currently, AXS is still in the recovery stage, and the overall trend remains weak. Continue to be bearish. The strategy is simple: short on rallies, entering around 2.0 is more reasonable, with the first target at 1.80. If it breaks below, it could continue to decline to 1.60. In the long term, it could reach 1. $AXS