Odaily Planet Daily reports that on the X platform, on-chain analyst Ali stated that after Axie Infinity token AXS has risen 277% since the beginning of this year, the TD Sequential indicator suggests that it may currently be a good time to take profits on AXS.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin Pioneer Nick Szabo Warns Against Using Blockchain for Messages - U.Today
Nick Szabo warns that Bitcoin upgrades risk turning it into a repository for illegal content, undermining its original intent. The ongoing conflict among developers pits minimalists, who view the blockchain as a limited asset, against utility maximizers, leading to a debate on Bitcoin's future as a financial tool versus a data archive.
UToday1m ago
AI Models Overwhelmingly Choose Bitcoin as Preferred Monetary Instrument
A large-scale experiment found that nearly half of frontier AI model responses selected bitcoin as their preferred monetary instrument. The study also revealed a clear split: bitcoin for long-term savings, stablecoins for everyday payments.
Frontier AI Agents Prefer Bitcoin Over Fiat
A new
Coinpedia18m ago
Bitcoin rebound absorbs funds, altcoin community enthusiasm drops to 24-month lows
As of February 27, the community dominance score for altcoins dropped to 33 points, a significant decline from 750 points in July 2025. Google search interest is only 4 points, indicating a bearish market sentiment. Meanwhile, Santiment predicts that this downturn may hint at a potential rebound opportunity for altcoins. Bitcoin is currently performing strongly, attracting capital inflows, which has relatively suppressed discussions and interest in altcoins.
MarketWhisper30m ago
BNB Price Nears $657 Resistance as Bearish Wedge Tightens
BNB is trading in a rising wedge formation, nearing strong resistance at $657. Momentum is weakening, indicating potential downside pressure. A breakdown below wedge support could lead to prices declining toward $583-$580, a significant demand zone.
CryptoFrontNews48m ago
Analyst: The current market's significant deleveraging has reduced the likelihood of a sharp decline, but at the same time, it limits the potential for upward short squeezes.
Analysts point out that the funding rate for Bitcoin perpetual contracts has remained negative from February to March 2026, indicating a bearish market dominance. The open interest in futures contracts has significantly decreased, and deleveraging continues. Overall, although risks have decreased, the potential for forced liquidations remains limited.
GateNews49m ago
Bear Market Script: Which Scene Is Your "Faith" Going Through?
The article analyzes the four stages of a bear market and their characteristics. Stage ① is when faith still exists, and the USDT market cap increases; Stage ② is when faith collapses, and the USDT market cap decreases; Stage ③ is when faith consolidates, and the USDT market cap rebounds; Stage ④ is driven by panic caused by black swan events. The article recommends gradually accumulating positions during Stage ③ and explores potential future market trends and influencing factors.
PANews50m ago
