2026-01-18 08:20:31

#Strategy加仓BTC $AXS recent trend is quite interesting — the price is moving within an upward channel, just breaking through the key resistance level at 2.028. The candlestick patterns and moving averages both show a bullish alignment, and a golden cross has also appeared. From a technical perspective, all these signals point to continued upward movement.

But here’s a question mark: trading volume is shrinking, and the RSI has already entered the overbought zone. This combination of signals is somewhat contradictory — the upward trend is strong, but the momentum is waning, so a short-term correction is quite possible. Increased volatility might be the next rhythm.

Looking outward, market sentiment is lukewarm, and macro factors aren’t putting much pressure. Both bullish and bearish news exist but aren’t strong enough to influence the trend significantly. These external factors have little impact on the current market. To put it simply, the technicals are still the main driver right now.

So if you’re observing $AXS, you need to consider two perspectives: one is that the bulls still have room to run, and the other is that a short-term adjustment might be necessary. Specific support levels and entry points should be determined based on your own risk tolerance.

BTC-2,74%

AXS-10,66%

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AltcoinHunter

· 2h ago

The shrinking trading volume is a bit suspicious, feels like a prelude to a false signal...

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ShitcoinArbitrageur

· 2h ago

This wave of AXS is starting to become unsustainable. The trading volume has dropped so sharply, yet they still claim a bullish trend. The RSI is overbought, so be cautious.

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screenshot_gains

· 22h ago

Trading volume shrinks, overbought zone lying flat, what else is this wave going to rise for huh --- The golden cross is indeed beautiful, but with such poor volume I really don't dare to chase --- Breaking through the resistance level so what, RSI is already over the top, wait for a pullback --- Is there room for the bulls? I think mainly it's time to prepare to take profits --- This wave feels a bit虚, volume explains everything --- Support levels need to be found by yourself, I won't chase high --- The moving averages look good, but the热度 is indeed fading --- I wanted to add positions, but seeing the trading volume I chickened out --- AXS this time feels like it needs some adjustment, be prepared --- Another golden cross and bullish arrangement, but volume doesn't match, high risk

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just_another_wallet

· 22h ago

Hmm... The combination of shrinking volume and overbought conditions is really a bit annoying. The technicals are playing a show, but the hype is falling apart. --- When a golden cross appears, I want to jump in, but I need to watch the trading volume carefully, brother. --- After breaking through $AXS at 2.028, there's still a high probability of a short-term correction. Be cautious. --- Question mark in the overbought zone. Isn't it better to wait for a short-term pullback before jumping in again? --- Bullish momentum is there, no doubt, but the volume shrinking is a bit suspicious... We need to wait for the trend to clarify. --- Speaking of RSI, it's already overbought but still pushing in. How big is that confidence? --- Calculate your support levels yourself. Don't follow the crowd blindly adding positions. No one can save you if you suffer losses. --- When market sentiment is lukewarm, it's easiest to get trapped. Right now, it's especially important to watch your stop-loss settings.

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MagicBean

· 22h ago

The shrinking trading volume feels a bit intense, the golden cross looks good but the RSI overbought is really uncomfortable. Without volume, how can the order continue to rise? I think there will be a short-term pullback. This wave of AXS feels a bit weak, let's first look at the support. Wait, this is the real battle between bulls and bears, keep a close eye on it. Breaking through 2.028 but the trading volume collapsed, isn't this just a trap to lure buyers? The hype is fading but they still want to push higher? I remain skeptical. In the short term, it looks like there will be some consolidation; the trend hasn't completely died out.

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GasGuzzler

· 22h ago

The shrinking trading volume is what bothers me the most. A bullish arrangement looks good visually, but without volume to support it, it's just a false move. When price and volume don't align, it's a signal; you need to hold those support levels and wait. RSI is overbought, and you still dare to chase? I wouldn't. Short-term adjustments are inevitable; just wait for the drop to come. The golden cross looks good, but I've seen too many fake signals this year.

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CounterIndicator

· 22h ago

Volume contraction RSI overbought, this is a warning bell for you, brother --- Golden cross looks good, but what to do if the trading volume doesn't cooperate? Be alert for false breakouts --- Another bullish arrangement and overbought signals, which one to trust? I tend to believe in the volume --- I never believe in upward moves without heat, sooner or later the bills will come due --- Although the 2.028 level seems broken, I think there's a higher chance it's a trap to attract buy orders --- RSI is overbought and still pushing? This wave of movement is a bit tangled --- Wait, do you guys feel that this kind of divergence signal is especially easy to trap people

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