**Multiple assets including Axie Infinity(AXS) are underperforming, increasing downward pressure across the market**
Data from the spot market confirms that several major assets are entering a downward trend. Notably, AXS(Axie Infinity) has recorded a 15.56% decline over 24 hours, highlighting a clear deterioration in market sentiment.
**Movements of significantly declining assets**
HIVE has decreased by 6.16% over 24 hours, maintaining relatively stable price movements. Meanwhile, MASK has fallen by 9.55%, indicating that the correction phase continues.
AXS(Axie Infinity) experienced a substantial drop of 15.56%, among the observed assets. Similar downward trends are seen in FIDA(-9.59%), ACA(-7.23%), and LSK(-10.67%). These assets are in a "correction phase," suggesting that selling pressure remains dominant.
**Signs of rebound in some assets**
Interestingly, FLOW has only declined by -3.60%, showing relative strength compared to other assets. While this asset indicates a "rebound signal," others continue to face strong downward pressure.
**Overall market outlook**
The current market is in a complex phase, with significant volatility among different assets. The downward trend in multiple assets including AXSAxie Infinity suggests that the overall market may continue to be in a correction phase. Close attention to future price movements is necessary.
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.
**Multiple assets including Axie Infinity(AXS) are underperforming, increasing downward pressure across the market**
Data from the spot market confirms that several major assets are entering a downward trend. Notably, AXS(Axie Infinity) has recorded a 15.56% decline over 24 hours, highlighting a clear deterioration in market sentiment.
**Movements of significantly declining assets**
HIVE has decreased by 6.16% over 24 hours, maintaining relatively stable price movements. Meanwhile, MASK has fallen by 9.55%, indicating that the correction phase continues.
AXS(Axie Infinity) experienced a substantial drop of 15.56%, among the observed assets. Similar downward trends are seen in FIDA(-9.59%), ACA(-7.23%), and LSK(-10.67%). These assets are in a "correction phase," suggesting that selling pressure remains dominant.
**Signs of rebound in some assets**
Interestingly, FLOW has only declined by -3.60%, showing relative strength compared to other assets. While this asset indicates a "rebound signal," others continue to face strong downward pressure.
**Overall market outlook**
The current market is in a complex phase, with significant volatility among different assets. The downward trend in multiple assets including AXSAxie Infinity suggests that the overall market may continue to be in a correction phase. Close attention to future price movements is necessary.