AVAX's recent trend, to be honest, is a bit uncanny.
What happened in the past hour? Longs were wiped out by $115,600, and the number of shorts liquidated is zero. It's not just a simple technical correction—this is a one-sided crush.
Even more bizarre is the market sentiment. On dYdX platform, 99.5% of positions are short, and on Bitget and Crypto.com, the short ratio has also exceeded 63%. Such one-sidedness is something we haven't seen in years.
Capital flow also indicates something. The AI monitoring system shows that main funds are continuously flowing out, not small withdrawals but large-scale strategic shifts. The engine has stalled; where can the car go now?
The current strategy is actually simple: Wait for a rebound to a key level. $14.030 is a watch point; once it stabilizes above that, consider action. Support below is around $13.70, and further down, it might test the $12.8 level.
Most importantly—don’t rush to buy the dip. Main funds are withdrawing, so rushing in to buy at this time doesn’t make logical sense. The market doesn't care about emotions; it only cares about chips and direction.
The trend is already clear. Follow the funds, or follow your gut? That’s the question.
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.
7 Likes
Reward
7
3
Repost
Share
Comment
0/400
BearMarketLightning
· 12-11 01:48
99.5% Short? This is just ridiculous, feels like the main force is fishing.
View OriginalReply0
GmGmNoGn
· 12-11 01:29
The main forces have all run away, and you're still daring to buy the dip? What is this if not gambler's mentality?
View OriginalReply0
RektButStillHere
· 12-11 01:23
99.5% shorting, this data is scary. Isn't this a contrarian indicator... The main forces have already left, and we're still here taking the bait?
AVAX's recent trend, to be honest, is a bit uncanny.
What happened in the past hour? Longs were wiped out by $115,600, and the number of shorts liquidated is zero. It's not just a simple technical correction—this is a one-sided crush.
Even more bizarre is the market sentiment. On dYdX platform, 99.5% of positions are short, and on Bitget and Crypto.com, the short ratio has also exceeded 63%. Such one-sidedness is something we haven't seen in years.
Capital flow also indicates something. The AI monitoring system shows that main funds are continuously flowing out, not small withdrawals but large-scale strategic shifts. The engine has stalled; where can the car go now?
The current strategy is actually simple:
Wait for a rebound to a key level. $14.030 is a watch point; once it stabilizes above that, consider action. Support below is around $13.70, and further down, it might test the $12.8 level.
Most importantly—don’t rush to buy the dip.
Main funds are withdrawing, so rushing in to buy at this time doesn’t make logical sense. The market doesn't care about emotions; it only cares about chips and direction.
The trend is already clear. Follow the funds, or follow your gut? That’s the question.