Will the price of APT soon exceed 4 dollars?

Aptos (APT) has recorded an impressive growth in the past 24 hours, increasing the asset value by nearly 11% at the current time. The optimistic sentiment is increasingly being reinforced in the market, with long term goals still present ahead.

Active derivatives activities on the APT market

Derivatives investors continue to dominate the APT market. According to data from CoinGlass, the open contract (OI) has increased to 275 million USD, reflecting abundant liquidity in derivative products.

Although this number is not enough to confirm a clear upward trend, the data on liquidation activities brings many positive signals. In recent days, most of the losses have come from traders holding short positions (short), meaning those who are betting on the price decrease of APT.

Source: CoinGlassAt this time, the total value of liquidated short positions has reached $445,950, while investors holding long positions( still maintain confidence in the growth trend.

This indicates that the new capital flowing into APT mainly comes from optimistic investors, especially in the context of increasing skepticism towards short selling transactions.

Technical analysis reinforces bullish outlook

Technical indicators suggest that APT may continue its upward trend in the near future, as the bullish momentum remains strong.

The Bollinger Bands )BB( indicate that the price is currently fluctuating near the lower green band, which is often the starting point for new bullish trends.

![Will the price of APT be able to surpass 4 dollars soon? ])https://img-cdn.gateio.im/webp-social/moments-074f73e6288308cf620bbfe023bbcc97.webp(Source: TradingViewFrom this position, the price is expected to gradually move towards the upper red range, which is currently approaching 4 USD.

The Money Flow Index )MFI( is also maintaining in a positive zone and has a close relationship with the upward trend. The stability of the MFI indicates that money is continuously flowing into the market, and if this index continues to rise, the growth momentum of APT will be further strengthened.

Trading volume reaches a new record high

The trading volume on the APT market continues to record a strong increase, with a total volume reaching 183.74 million APT in recent sessions.

The Accumulation/Distribution indicator )AD( is showing a clear upward trend in the positive zone, reflecting that buying activity is dominant.

History shows that when this indicator maintains a positive trend, the market often experiences a strong accumulation process, increasing the probability of a sustainable bullish phase.

![Will the price of APT soon exceed 4 dollars? ])https://img-cdn.gateio.im/webp-social/moments-040b2eefac01845ee665402e4acb5d10.webp(Source: TradingViewNotably, the AD indicator is approaching a critical resistance zone. If buying pressure continues to be sustained and intensified, APT has the potential to break through this resistance level.

A successful breakout can create significant price volatility, pushing APT above the 4 USD mark and establishing a new high in the short term.

Mr. Giáo