2026-01-17 07:21:56

AXS this wave of market movement is indeed worth analyzing. In 24 hours, it surged from 1.119 to 1.522, an increase of over 34%, now steady around 1.51. I looked into the funding data, and interestingly, the open interest and price trend are highly synchronized, especially when breaking through 1.4, with active buy orders clearly increasing. This doesn't quite resemble the quick in-and-out tactics of retail traders.

The long-short ratio on the big players' side has been consistently leaning bullish, with selling pressure mainly coming from retail traders who chased the high earlier and are now cashing out. Large funds haven't really moved much. This is quite interesting.

From a technical perspective, there's no need to overcomplicate things. The moving average system has fully shifted to a bullish trend, and the MACD momentum is still expanding. The range from 0.899 to 1.2 has been tested multiple times, providing quite solid support. Rather than saying this is driven purely by sentiment, it seems more like a breakout after accumulation.

More importantly, the chain gaming ecosystem has recently been warming up. Several new games launched within the AXS ecosystem have boosted user enthusiasm, and the token deflation mechanism is gradually being implemented. These are tangible support points. When fundamentals align with the market, the trend tends to be more coherent than pure emotional speculation.

My trading approach is simple: as long as the support zone at 1.4-1.45 isn't broken, I will continue to hold long positions. But if it really drops below 1.3, I will cut losses first and wait for the market to stabilize before re-entering.

AXS35,26%

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BloodInStreets

· 4h ago

Another wave of rug pull tactics. It looks fundamentally solid, but it's actually just a facade for the main players to accumulate positions.

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LiquidationKing

· 4h ago

Oh wow, the most important thing is that the big funds haven't moved, which indicates this isn't just hype. Wait, has the blockchain gaming ecosystem really warmed up again? I feel like it's still the same old story. I'll run below 1.3, I've noted this stop-loss point, or else I'll be stuck again and have to wait half a year. The main thing is whether this wave can break through the previous high; otherwise, it's just a rebound.

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PositionPhobia

· 4h ago

1.4 Is this line really sustainable? I have a feeling there will be a pullback later. A 34% increase in one go, retail investors have taken quite a hit. Wait, are there really people playing chain games over there? Or is it just another attempt to trap new investors? It's more terrifying when big funds stay still, seems like they're waiting for the right moment to dump. Support is just a joke; let's look back later.

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JustAnotherWallet

· 4h ago

To be honest, this wave of AXS does have some substance, not just an emotional rally. The synchronized increase in holdings clearly indicates that big funds are positioning, and retail investors cutting losses is only a matter of time. The revival of blockchain games combined with a deflationary mechanism is the true support.

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DegenRecoveryGroup

· 4h ago

34% in one day, that's really quite aggressive. But to be honest, I have some doubts that large funds haven't moved much; usually, such a rise is driven by someone behind the scenes, it doesn't just happen out of nowhere. --- Is the Web3 gaming revival happening? I haven't felt it, or is it only insiders who know the news? --- If this 1.3 level breaks, I’ll have to sell; just make some profit and don't be too greedy. --- I agree with the moving average turning bullish, but the term MACD amplification of momentum sounds a bit vague. How exactly do you operate with it? --- Retail investors cashing out mainly causes selling pressure, but what if big players suddenly dump? That logic would collapse. --- Your analysis is indeed quite in-depth, but in the end, it still depends on whether we can really hold above 1.4; otherwise, it's just a fleeting rebound. --- Launching new games can be a reason, it seems like AXS is like that—lacking a story, so they talk about new games; lacking a reason, so they mention deflation. No one really knows where the genuine demand is. --- Is this a buildup for explosion or just short-term sentiment? This question is asked every time the market moves, but the result still depends on what happens next. --- Hold onto your longs, but be mentally prepared to return to 1.2; otherwise, your mindset might collapse.

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