25.01.07 Evening Market Overview:

AI narratives were in full swing in the fourth quarter of 2024. The representative AI tokens and $ACT set off a wave of wealth creation, attracting countless people to shift their attention to the AI ​​sector; and with the New Year's Day of 2025, AI16Z pulled another climax. Now the entire primary market is full of AI narratives, and AI projects are everywhere. It is estimated that 2025 will be the climax of the AI ​​sector, and the scale of the AI ​​Agent industry will reach trillions of US dollars.

Although ACT did not participate in the primary market, as Binance announced the launch of AIMEME tokens, ACT quickly bought some on Sesame to catch the heat, and finally left the market with 3 times the price; with the selling pressure of the ACT market, the selling pressure of the primary market gradually ended. Since there is a narrative, it can come back again.

ACT is now in an ascending wedge channel. As the price of the big cake has pulled back, ACT has also pulled a big negative line. Buying spot on the pullback is an opportunity; the biggest support is the support-resistance swap position of 0.3726-0.3758. If it falls below the position, you can buy spot and add positions at 0.35; when entering the spot on the left side, you must buy positions in batches at low prices and do not buy at high prices. The position for reducing positions is temporarily set at 0.4467

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