RENDER has risen 16.5% in the past 24 hours, significantly boosting the attention on the entire AI concept sector. Currently, the price faces resistance around $1.90, while the key support level below is at $1.50. Meanwhile, the total market capitalization and trading volume of the AI sector have also seen notable growth. Does this indicate the start of a new wave of market movement? Or is it just short-term emotional fluctuation? It’s important to analyze carefully.
**Technical Analysis**
RENDER’s rebound this time is quite strong. From support to resistance, the range between $1.50 and $1.90 has already demonstrated a tug-of-war between buyers and sellers. If it can effectively hold above $1.90, there is theoretically more room for imagination. But the question is—whether such a rally can continue depends on trading volume. If volume cannot keep up, the risk at higher levels will sharply increase.
**Observation of the AI Sector**
Recently, the collective performance of AI-related tokens is indeed worth noting. From market cap rankings to trading activity, the presence of the AI concept in the entire crypto market is rising. However, it’s important to remind that the scope of the AI concept is broad, ranging from genuine distributed computing and GPU resource sharing to various projects claiming AI capabilities, which are a mixed bag. Not all tokens labeled with AI are equal to real opportunities in the AI track.
**Risk Factors**
1. Resistance level strength: $1.90 may not be easily broken through in one attempt; repeated testing will exhaust market patience.
2. Sustainability of hype: The crypto sector rotates quickly; today’s star sector may face cold reception tomorrow. Market sentiment is unpredictable, so constant vigilance is necessary.
3. Quality disparity among projects: Before following the trend into projects, it’s essential to understand their actual progress, team background, and technical support—don’t be blinded by the surge in price.
**Focus for Follow-up**
Whether RENDER can stabilize above $1.90 is crucial. If it breaks through successfully, the sentiment in the AI sector may continue to heat up. Conversely, if it retraces to support at $1.50, those who entered at that level will face greater pullback pressure. Overall, this level presents both opportunities and risks. Please thoroughly assess your risk tolerance before entering or exiting.
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NotSatoshi
· 20h ago
A 16.5% increase is indeed good, but the 1.90 barrier might require multiple attempts to break through.
If the trading volume can't keep up, it's just a false rally—don't be fooled.
The AI concept is too superficial; they label everything without understanding the project itself.
If it can't break 1.90, I'll withdraw directly and won't waste time.
This wave, if not a real breakthrough, will just be the next sector to be rotated out.
View OriginalReply0
MetaNeighbor
· 01-06 11:57
1.90 Does this threshold feel harder than last time? The lack of volume is really dangerous.
The AI sector is hot today, cool tomorrow. It's better not to chase the highs.
The surge in RENDER is so strong that it makes me a bit nervous. Knowing when to take profits is the key.
It's another AI concept, mixing genuine projects with pump-and-dump schemes. Who can tell the difference?
They haven't even stabilized support before trying to break through. Those who entered this wave should prepare for a sell-off.
Trading volume doesn't match the price increase; the risk at high levels is indeed significant.
The sector rotation feels ridiculously fast. It's hard to say how many days the hype can last.
If it can't break 1.50, it's just a rebound. Don't fall for FOMO.
View OriginalReply0
AltcoinMarathoner
· 01-06 11:56
just like mile 20 in a marathon, this $1.90 resistance is another wall to push through. if volume doesn't follow the price action, we're just sprinting on fumes. the fundamentals are what matter long-term, not the daily noise.
Reply0
BearMarketBuyer
· 01-06 11:51
It's another rotation in the AI sector. Is this time really different?
The 1.90 level is just a fake, don't be fooled by the surge.
Render was bragging today, but it'll cool off tomorrow. I've seen this happen too many times.
If the trading volume can't keep up, it's just a false high. There's nothing more to say.
GPU sharing and trash coins under the AI banner are worlds apart.
I'll wait and see, no need to rush.
The new retail investors who entered this wave might get hurt again.
View OriginalReply0
GasFeeWhisperer
· 01-06 11:42
16.5% increase looks attractive, but if the trading volume can't keep up, it's just a castle in the air. Don't be blinded by the flowers.
The AI sector is a mixed bag; only a few genuinely working projects can be counted?
How to break through the 1.90 barrier depends on whether retail investors have the patience to keep supporting it.
AI concept hype comes quickly and goes just as fast. Today's darling might be cold storage tomorrow, which is very normal.
I will only believe it if it breaks through 1.90. Right now, it's still testing repeatedly, and those trapped might want to sell me off.
A bunch of projects claiming to be AI, look closely at their white papers—it's enough to make you laugh. They really think we don't do our homework.
The trading volume doesn't match this increase; a correction is bound to happen sooner or later. Someone is going to suffer big losses.
View OriginalReply0
PanicSeller
· 01-06 11:36
If the trading volume can't keep up, it's nonsense. This wave is just yesterday's story again.
It's the AI sector rotating again,炒作 like this every day.
If it can't break 1.90, these people should run.
Feels like it's about to crash again. Don't be fooled by the gains.
Can RENDER hold this time? I think it's uncertain.
**Market Review**
RENDER has risen 16.5% in the past 24 hours, significantly boosting the attention on the entire AI concept sector. Currently, the price faces resistance around $1.90, while the key support level below is at $1.50. Meanwhile, the total market capitalization and trading volume of the AI sector have also seen notable growth. Does this indicate the start of a new wave of market movement? Or is it just short-term emotional fluctuation? It’s important to analyze carefully.
**Technical Analysis**
RENDER’s rebound this time is quite strong. From support to resistance, the range between $1.50 and $1.90 has already demonstrated a tug-of-war between buyers and sellers. If it can effectively hold above $1.90, there is theoretically more room for imagination. But the question is—whether such a rally can continue depends on trading volume. If volume cannot keep up, the risk at higher levels will sharply increase.
**Observation of the AI Sector**
Recently, the collective performance of AI-related tokens is indeed worth noting. From market cap rankings to trading activity, the presence of the AI concept in the entire crypto market is rising. However, it’s important to remind that the scope of the AI concept is broad, ranging from genuine distributed computing and GPU resource sharing to various projects claiming AI capabilities, which are a mixed bag. Not all tokens labeled with AI are equal to real opportunities in the AI track.
**Risk Factors**
1. Resistance level strength: $1.90 may not be easily broken through in one attempt; repeated testing will exhaust market patience.
2. Sustainability of hype: The crypto sector rotates quickly; today’s star sector may face cold reception tomorrow. Market sentiment is unpredictable, so constant vigilance is necessary.
3. Quality disparity among projects: Before following the trend into projects, it’s essential to understand their actual progress, team background, and technical support—don’t be blinded by the surge in price.
**Focus for Follow-up**
Whether RENDER can stabilize above $1.90 is crucial. If it breaks through successfully, the sentiment in the AI sector may continue to heat up. Conversely, if it retraces to support at $1.50, those who entered at that level will face greater pullback pressure. Overall, this level presents both opportunities and risks. Please thoroughly assess your risk tolerance before entering or exiting.