ACH has seen a significant increase over the past two weeks, reaching over 80%. However, recent trends suggest that the situation might be changing. After hitting a high yesterday, the price began to adjust, with a single-day decline of 11%. As of today, the downward trend continues, and the rebound strength is weak.



From a technical perspective, the continuous decline shows little resistance. The funding rate is quite interesting — it remains negative. Generally speaking, if the funding rate is negative, it means that long positions have to pay short positions. In this case, if large institutions are looking to build long positions during the price decline, we should see the funding rate gradually rise. But currently, the rate is still hovering in negative territory, indicating that the buying force doesn't seem to be aggressively accumulating.

Overall, there is no clear sign of support from buyers, and the market sentiment does not show strong bullish signals. Under these conditions, the probability of further short-term decline is quite high.
ACH6,55%
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SchrodingerWalletvip
· 19h ago
Here comes the reaping again, the fee rate is negative and no one is taking the bait This wave of ACH is really risky, the bears are monopolizing Half of the 80% increase has been retraced, is this the top this time? Funding rates can't be pushed up, indicating no one believes in this thing No one to take the bait, then it's over, everyone The probability of continued short-term dumping is high, better to withdraw or not A bunch of people chasing the high, now it's time to cry
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NFT_Therapyvip
· 19h ago
A 80% surge followed by a sharp drop; I've seen this trick too many times... The funding rate is negative but remains unchanged, indicating that institutions are all watching on the sidelines.
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MemecoinTradervip
· 19h ago
ngl the negative funding rate while price dumps is actually the psyops tell rn... nobody's even pretending to catch this knife lmao
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MEVHunterXvip
· 19h ago
Why didn't you guys call out the 80% surge... Now that it's fallen, you're analyzing it. The negative fee rate is still idling, large funds indeed have no intention of taking over.
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MetaverseHobovip
· 20h ago
After an 80% increase, it dropped 11%. This rhythm is really a bit uncomfortable. Funding rate is still negative... Are the big players really not interested in taking over? This wave looks a bit fierce, be careful not to get crushed and jump off. I actually didn't sell at the high yesterday, now I feel a bit regretful. The rebound is so weak, it seems like it will continue to test the bottom in the short term. When will the negative rate finally turn positive... It's really no fun without someone to take over.
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