#数字资产市场动态 $FRAX has recently shown strong performance, with a volume surge of over 25%, followed by technical consolidation at high levels. This adjustment does not indicate a top distribution signal; instead, it suggests that the main forces are accumulating energy in preparation for the next wave of market movement.
From a technical perspective, after a massive rally, the price refuses to undergo deep retracement and forms a narrow trading range around the high levels, which is itself a sign of strength. Most importantly, the trading volume has surged alongside a simultaneous increase in open interest—clearly indicating institutional capital entering the market rather than short sellers dumping.
Market sentiment is also shifting from previous hesitation to active accumulation.
As long as the price stays above the breakout zone, the upward trend is unlikely to be broken. Trading strategy suggestions: buy on dips within the 1.160-1.175 range, with a stop-loss set at 1.140 (rigid), and targets at 1.220 and 1.260. As long as the key support level is not broken in the short term, the probability of continued upward movement remains high.
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.
8 Likes
Reward
8
5
Repost
Share
Comment
0/400
GateUser-74b10196
· 6h ago
Frax really has something this time. After a 25% increase, staying steady like this still means something, right?
View OriginalReply0
LuckyBearDrawer
· 6h ago
Consolidation is just building momentum. I've heard this explanation too many times. The key is whether we can really hold steady at 1.160.
View OriginalReply0
FlatTax
· 6h ago
The signal for institutional entry is so obvious... Feels like we can follow this wave.
View OriginalReply0
AirdropHunterWang
· 6h ago
You're quite outspoken. How are the coins you mentioned so confidently last time doing now?
View OriginalReply0
AirdropATM
· 6h ago
The signal of institutional entry is quite obvious. If it doesn't break 1.140 this time, there's still hope.
#数字资产市场动态 $FRAX has recently shown strong performance, with a volume surge of over 25%, followed by technical consolidation at high levels. This adjustment does not indicate a top distribution signal; instead, it suggests that the main forces are accumulating energy in preparation for the next wave of market movement.
From a technical perspective, after a massive rally, the price refuses to undergo deep retracement and forms a narrow trading range around the high levels, which is itself a sign of strength. Most importantly, the trading volume has surged alongside a simultaneous increase in open interest—clearly indicating institutional capital entering the market rather than short sellers dumping.
Market sentiment is also shifting from previous hesitation to active accumulation.
As long as the price stays above the breakout zone, the upward trend is unlikely to be broken. Trading strategy suggestions: buy on dips within the 1.160-1.175 range, with a stop-loss set at 1.140 (rigid), and targets at 1.220 and 1.260. As long as the key support level is not broken in the short term, the probability of continued upward movement remains high.