Looking at the $AXS chart tonight, I suddenly recalled the GameFi saga of overnight riches in 2021. Most of the protagonists of those stories have now vanished. Over the past 30 days, large investors have spent a total of $15 million on AXS. Meanwhile, the token economic reforms launched by the Axie team in January completely halted the unlimited issuance of SLP. This means inflation has been put on hold. Unlimited issuance is like keeping a tap running in a swimming pool; no amount of buying can fill this bottomless pit. Now that the tap is off, the water in the pool has become precious. The technical indicators are also supporting this. The MACD has formed a golden cross, the RSI has climbed out of the oversold zone, and short-term moving averages are starting to rise. These signals may not seem significant individually, but together they indicate a trend reversal. AXS is currently at $2.15, more than 70 times away from its all-time high of $165. The long-term trend remains bearish, with the 99-day moving average still acting as resistance. Going long at this level requires courage, but even more so, discipline. Support is at 2.10; exit if it breaks. Resistance is at 2.42; a break above this level targets 2.8. Those who missed out on AXS in 2021 now have another chance. However, this time, the rules of the game have changed, and the players have changed. Retail investors are panicking, while whales are accumulating. Which side are you on? {future}(AXSUSDT)