The recent decline of AT has attracted quite a bit of attention. Dropping from 0.1948 all the way down to 0.1581, it initially looks quite fierce, but a closer look at the candlestick patterns suggests this is more of a carefully orchestrated shakeout rather than a true crash.
Look, the 0.1581 level is interesting—right below a key psychological support line. Many retail investors were shaken out here, and those holding the chips should be aware of who ended up with them. The purpose of this violent sell-off is simple: to create panic and facilitate the transfer of chips.
Now, the price has started to stabilize around 0.1607. This signal is very important. Shakeouts usually don’t happen overnight; the likely next steps are: sideways consolidation → short squeeze and upward movement. Many will continue to be bearish near the support level, only to watch helplessly when a real rebound begins.
From a technical perspective, now is indeed a good time to enter in stages. As long as the 0.1581 support holds, a rebound back above 0.18 is a reasonable expectation. The key is to be patient and not be scared out by short-term fluctuations.
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.
14 Likes
Reward
14
7
Repost
Share
Comment
0/400
TommyTeacher1
· 18h ago
It's the same trick again—retail investors get shaken out, and the chips go into the hands of the big players. This is all too familiar.
View OriginalReply0
down_only_larry
· 18h ago
It's the same old trick again. Retail investors get shaken out, and the big players scoop up the chips. I've seen this happen too many times.
View OriginalReply0
SocialAnxietyStaker
· 18h ago
It's the same old washout theory again; every time it drops, someone says the same thing.
Retail investors should wake up and not get cut too badly.
View OriginalReply0
MetaverseHomeless
· 18h ago
Same old trick again, smashing the market to shake out weak hands. Retail investors have figured it out but are still getting cut.
View OriginalReply0
bridge_anxiety
· 18h ago
It's the same old manipulation theory again, always predicting so accurately. I just want to know if there will really be a rebound this time.
View OriginalReply0
ParanoiaKing
· 18h ago
It's the same old washout theory again, someone always says this... Can hold at 0.1581?
View OriginalReply0
PensionDestroyer
· 18h ago
It's the same old story of shakeout theory. Every time it drops, they say it's a shakeout; when it rises, they hype up the liquidation. Are the retail investors' trapped chips really going into the manipulators' pockets? Is there any data?
The recent decline of AT has attracted quite a bit of attention. Dropping from 0.1948 all the way down to 0.1581, it initially looks quite fierce, but a closer look at the candlestick patterns suggests this is more of a carefully orchestrated shakeout rather than a true crash.
Look, the 0.1581 level is interesting—right below a key psychological support line. Many retail investors were shaken out here, and those holding the chips should be aware of who ended up with them. The purpose of this violent sell-off is simple: to create panic and facilitate the transfer of chips.
Now, the price has started to stabilize around 0.1607. This signal is very important. Shakeouts usually don’t happen overnight; the likely next steps are: sideways consolidation → short squeeze and upward movement. Many will continue to be bearish near the support level, only to watch helplessly when a real rebound begins.
From a technical perspective, now is indeed a good time to enter in stages. As long as the 0.1581 support holds, a rebound back above 0.18 is a reasonable expectation. The key is to be patient and not be scared out by short-term fluctuations.