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Recently, AXS has performed aggressively, directly gaining 2000 points. Looking at the technical aspect, the 4-hour structure shows that the lows are continuously being raised, indicating that the bulls are still in control. After the price retested the MA30 and MA60 and stabilized, the overall trend is as healthy as it can be.
The 1-hour chart is even clearer. It just broke through the previous consolidation range, and the retest did not break down. The volume also cooperated very well. In this situation, participating in the trend is relatively safer, with a more comfortable risk-to-reward ratio.
There are all kinds of voices in the crypto world every day—some praise, some criticize—but those who can truly withstand cycles do not rely on occasional brilliant moves. They are the ones who persistently do simple, correct things repeatedly—if the technical analysis is right, they execute; if risk control is maintained, they continue. It’s that straightforward and brutal.