ACT recently experienced a wave of decline, and the market does look a bit uncomfortable. However, what's interesting is that buying interest has been quietly entering the market.
Let's talk about the current issues: all technical indicators are flashing green — the 7-period moving average has already fallen below the 25-period moving average, short- and medium-term EMAs are all trending downward, and the MACD shows a bearish crossover with the histogram becoming more negative. The 6-period RSI is only 30.98, approaching oversold levels. These signals indicate that there is significant short-term pressure.
But there's an opposite trend emerging. Recently, buy-in inflows of 163,341 USDT accounted for about 255,710 USDT of total inflows, meaning over 60% of the funds are bottom-fishing. This is not a small move — it shows that someone is optimistic about this price and is seriously positioning.
The community atmosphere is also quite interesting. Although the price is falling, discussions emphasize that the bullish structure remains intact, support levels are being firmly defended, and there is an expectation of a breakout ahead. This reflects a typical contradictory attitude of "technically bearish but fundamentally bullish."
From a macro perspective, signals of relaxed regulation and optimistic expectations for the US economy have created considerable room for risk assets like ACT.
In short, ACT is currently like repeatedly testing the bottom — technicals are weak, funds are entering, and the community is guessing the next move. Short-term volatility is inevitable, but if this wave of buying can stabilize, the rebound momentum will be strong.
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MEVictim
· 10h ago
The liquidity situation is picking up, and the feeling of bottom testing is indeed there. It all depends on whether we can hold the support level.
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ReverseTradingGuru
· 10h ago
The funding situation is strong, but the technical aspect is weak. That's the current rhythm. Let's wait and see who blinks first.
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RamenStacker
· 10h ago
The liquidity situation is tight. This wave of bottom-fishing isn't by retail investors; there's something going on. Although the technicals are terrible, with RSI already over 30, it should rebound...
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BearMarketBro
· 10h ago
Haha, fine. Anyway, I can't tell when this wave of buying will be able to absorb the sell-off.
I'm tired of hearing about the bottom repeatedly testing; the key is who will take the bait next.
Honestly, RSI is already over 30. If it drops further, I'll just bail out directly.
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RealYieldWizard
· 10h ago
Hey, the market liquidity is really fierce, it's kind of interesting. 60% dip-buying is no joke.
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RSI is almost at 30, and people are still buying? That’s extremely bearish.
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I like the idea of repeatedly testing the bottom; let’s see who blinks first.
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If the regulators really loosen up, this wave of decline might be the final panic sell-off.
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Holding support tightly? I really can’t say whether it will hold this time.
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Silent buying vs. technicals all bearish—such a fascinating game of tug-of-war.
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Short-term volatility is unavoidable; it’s too vague. Let’s see if it can break through that key level.
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A macro optimistic outlook may not necessarily save the day; it depends on the Fed’s stance.
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The community keeps saying the bull structure is still intact, but I think that’s a bit overhyped.
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The 163K buy-in inflow is serious, unlike retail investors bottom-fishing.
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ExpectationFarmer
· 10h ago
The bottom-fishing funds are so aggressive, it feels like someone knows something we don't.
ACT recently experienced a wave of decline, and the market does look a bit uncomfortable. However, what's interesting is that buying interest has been quietly entering the market.
Let's talk about the current issues: all technical indicators are flashing green — the 7-period moving average has already fallen below the 25-period moving average, short- and medium-term EMAs are all trending downward, and the MACD shows a bearish crossover with the histogram becoming more negative. The 6-period RSI is only 30.98, approaching oversold levels. These signals indicate that there is significant short-term pressure.
But there's an opposite trend emerging. Recently, buy-in inflows of 163,341 USDT accounted for about 255,710 USDT of total inflows, meaning over 60% of the funds are bottom-fishing. This is not a small move — it shows that someone is optimistic about this price and is seriously positioning.
The community atmosphere is also quite interesting. Although the price is falling, discussions emphasize that the bullish structure remains intact, support levels are being firmly defended, and there is an expectation of a breakout ahead. This reflects a typical contradictory attitude of "technically bearish but fundamentally bullish."
From a macro perspective, signals of relaxed regulation and optimistic expectations for the US economy have created considerable room for risk assets like ACT.
In short, ACT is currently like repeatedly testing the bottom — technicals are weak, funds are entering, and the community is guessing the next move. Short-term volatility is inevitable, but if this wave of buying can stabilize, the rebound momentum will be strong.