【$APT Signal】Hold Cash and Wait for Downward Momentum to Exhaust

$APT The 4-hour chart shows consecutive bearish closes, with the price breaking below previous support levels, currently in a downward channel accelerating towards the bottom.

🎯Direction: Hold Cash

Market data indicates that in the past 24 hours, the price dropped from a high of 1.2487 with increased volume to a low of 1.1453, a decline of over 8%. The 4-hour candlestick chart shows an orderly downtrend, with each bearish candle confirmed by the next candle's low. The funding rate of -0.0190% suggests that the futures market sentiment is predominantly bearish, but the negative rate also hints at potential short squeeze. The order book depth shows dense buy orders in the 1.1616-1.1618 range (about 1109 APT), forming a short-term minor support.

Current price action indicates a phase of downward momentum release, with no clear bottom absorption structure or bullish divergence. The market logic suggests ‘price decline combined with position volume analysis,’ requiring observation of whether the decline occurs with increasing open interest (main players distributing) or decreasing open interest (longs liquidating). From the volume distribution on the candlesticks, volume increased during the decline (9.74 million), then decreased during the rebound (8.54 million), indicating selling pressure has not been fully absorbed.

Trading logic: Wait for clear buy absorption signals at key support zones (1.1400-1.1450), such as long lower shadows, abnormal volume spikes, or 4-hour bullish engulfing patterns, and observe whether the funding rate shifts from extreme negative levels. Until then, stay in cash to avoid left-side risk. The core of small loss and big profit is trading only high-probability right-side setups.

Trade 👇 $APT

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#Is the current market bottoming or just observing?