The strongest performing token over the past few days has been $AXS, giving the impression that the GameFi craze is back! 🤣🤣
Besides protocol-driven catalysts, data shows that short-term momentum remains strong, but holder concentration has begun to weaken, meaning now is not the ideal time to aggressively chase the rally.
Instead, waiting for a pullback might be a better option.
The liquidation map shows a large accumulation of short liquidations around 2.376.
By checking current holder and momentum levels with Blave Analytics, #AXS remains in a high-probability upside zone, so rumors of a short squeeze are worth noting.
Use Blave Analytics to understand the best trading expectations: