January Crypto Fundraising Hits Five-Year Low
- Funding Rounds Decline: January saw only 67 crypto fundraising rounds, marking a five-year low, indicating that venture capital has returned to a more cautious investment stance following the 2021 bull market, which negatively impacts overall market activity.
- Shift in Capital Flow: Although the number of funding rounds decreased, the average round size increased, with the largest round reaching $250 million, suggesting a growing focus on larger projects while reflecting investor caution regarding market prospects.
- Token Sales Slowdown: Only 37 token sales were reported in January, raising $116.9 million, indicating weak demand for new project tokens, particularly in the absence of an altcoin season, leading to diminished investor interest in new projects.
- Industry Transition Trends: Crypto fundraising is increasingly shifting towards AI projects, reflecting market preference for emerging technologies, while traditional Web3 fundraising activities have significantly decreased, indicating a structural transformation within the industry.
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Technical Analysis for AI
Technical Sentiment Analysis for Sleepless AI (AI) As of , Sleepless AI (AI) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 2 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for AI stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, AI is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Sleepless AI (AI) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00923 | 0.0148 | 0.0204 | 0.026 | 0.0316 | 0.0372 | 0.0428 |
| Fibonacci | 0.0148 | 0.0191 | 0.0217 | 0.026 | 0.0303 | 0.0329 | 0.0372 |
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