Both opened with gaps and followed through nicely today. FXI breaking back above the $40 mark is something I've been watching closely. This isn't random—$40 has proven itself as one of the most critical long-term support/resistance zones for these China-focused ETFs. If it holds from here, you could be looking at a meaningful shift. The real question is whether we see sustained follow-through or if this is just a temporary bounce. Either way, the technicals are setting up interesting for the next move. Keeping an eye on how the volume holds at this level.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
6 Likes
Reward
6
6
Repost
Share
Comment
0/400
Tokenomics911
· 3h ago
FXI breaking 40, whether it can stabilize this time depends on the subsequent volume; otherwise, it's just a false breakout.
View OriginalReply0
JustHereForAirdrops
· 3h ago
$40 is really a magic number. Every time I come here, I have to look at it once.
View OriginalReply0
ImpermanentPhilosopher
· 3h ago
FXI breaking through 40, this time it's different. Is a rebound really coming?
View OriginalReply0
WhaleMinion
· 3h ago
Everyone is watching FXI break 40, but what does a rebound really indicate? It still depends on whether it can hold steady.
View OriginalReply0
MetaverseVagrant
· 3h ago
Once FXI breaks through 40, I start to think about it. This level is indeed critical. However, I get excited after just one rebound; I still need to watch a bit more.
View OriginalReply0
ChainWanderingPoet
· 4h ago
What happened with FXI breaking 40? How many times has it fluctuated before? Can it really stabilize this time?
JD and FXI showing solid momentum 📈
Both opened with gaps and followed through nicely today. FXI breaking back above the $40 mark is something I've been watching closely. This isn't random—$40 has proven itself as one of the most critical long-term support/resistance zones for these China-focused ETFs. If it holds from here, you could be looking at a meaningful shift. The real question is whether we see sustained follow-through or if this is just a temporary bounce. Either way, the technicals are setting up interesting for the next move. Keeping an eye on how the volume holds at this level.