APT's recent performance has indeed been quite aggressive. A 13% decline on high volume, combined with the currently elevated holdings, signals a typical long liquidation. From the market perspective, selling pressure is continuous, but the buying support is clearly insufficient, making the market appear somewhat cold.



On the technical side, the price has broken through a key support level. Such a decline under high holdings often triggers a chain reaction—longs are forced to cut losses, further increasing downward pressure, creating a vicious cycle. Short-term rebounds are weak, and market sentiment leans toward panic selling, with no effective signs of stabilization.

If you are bearish, you might consider this approach:

An entry range between 1.58 and 1.62 is more appropriate, with a stop loss set at 1.68 (a rigid stop loss that cannot be broken). The first profit target is at 1.48; if reached smoothly, consider reducing positions or locking in some gains. The second target is further down at 1.38.

Overall, follow the downward momentum until clear buy absorption signals appear before considering closing positions. The current market rhythm is still downward.
APT-1.49%
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ChainPoetvip
· 5h ago
This wave is indeed fierce. Entering at 1.58 is a bit of a gamble... But judging by the current bearish momentum, it shouldn't stay below 1.48, just worried about a rebound getting stuck at 1.62. --- Currently, the bulls are being forcibly broken through support levels, with stop-loss orders flooding in... This is the beginning of a liquidation. --- It's quite interesting. With such strong selling pressure and weak buying support, it's a typical panic sell-off. I'll stay on the sidelines for now, waiting for clear absorption signals before taking action. --- That target of 1.38 is a bit aggressive. Market sentiment like this can reverse easily. A safer level is still around 1.48. --- The bearish momentum is indeed there, but it feels a bit late to enter now... Anyway, just hold the 1.68 stop-loss and do whatever else. --- With such high open interest and falling volume, it's definitely bulls being squeezed. Without new buying power, it can only go downward. --- This analysis is quite clear, but execution often leads to being misled... Still need to wait for market signals, don't be too hasty.
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CoinBasedThinkingvip
· 5h ago
Oh no, it's that liquidation cycle again. The bulls are really having a tough time. The chain reaction just keeps going on and on.
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NFTDreamervip
· 5h ago
This wave of APT is really fierce, a liquidation wave is imminent. I'm a bit worried that the bottom hasn't been reached yet. --- A typical bear trap? Or do we really need to break 1.38? Let's gamble and see. --- The selling pressure is so strong, but the buying isn't enough. Something's off with this market. --- Feeling like I'm about to get cut again. Brothers holding at high levels, hang in there. --- Try shorting at 1.58; anyway, the support has been broken, and there's a high chance of going down. --- I'm most annoyed by panic selling, but this time it really looks like a genuine drop. --- Bulls deserve it. With such high positions, they should get wiped out. The market is just teaching you a lesson. --- The rebound is so weak, it’s unbelievable. It feels like there's more room to fall, but don’t be greedy. --- I think setting a stop-loss at 1.68 is a bit tight; I might get swept out in one go. --- Clear absorption signals? How come I haven't seen any? Keep shorting.
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StablecoinEnjoyervip
· 6h ago
Long positions were indeed liquidated, but I’m a bit hesitant at the 1.58 level, afraid of being smashed through and cutting immediately. --- Once the support level is broken, it’s broken. It seems we might need to continue testing the bottom in this round. --- Wait, is the selling pressure really that strong? It feels like all the dip buyers have already run out. --- Short at 1.38? That’s really bold. I’d rather wait and see if 1.48 can hold first. --- This is a classic case of a mass liquidation of longs. High leverage always ends like this. --- Don’t act without a buy-up signal. The current trend hasn’t fully played out yet.
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