Deep Dive
1. Exchange Delisting Impact (Bearish)
Overview: Toobit delisted AITECH/USDT on 12 August 2025, halting deposits and spot trading. While withdrawals remain open until September, the immediate loss of a trading venue likely contributed to selling pressure.
What this means: Reduced exchange availability limits buyer access and liquidity, often triggering short-term price declines. AITECH’s 24h volume dropped 13.78% to $7.28M, aligning with thinner markets post-delisting.
What to look out for: Whether other exchanges follow suit or if new listings counterbalance the delisting.
2. Bearish Technical Setup (Mixed)
Overview: AITECH trades below all major moving averages (7-day SMA: $0.01308, 30-day SMA: $0.0157), confirming a downtrend. The RSI-14 at 35.42 signals oversold conditions but hasn’t sparked buying interest.
What this means: While oversold levels sometimes precede rebounds, the MACD histogram’s weak positive divergence (+0.000307) suggests limited upward momentum. The token faces resistance near $0.0132 (pivot point), needing a breakout to shift sentiment.
Key level to watch: A sustained move above $0.0132 could signal short-term relief; failure risks retesting the swing low of $0.01194.
3. Altcoin Weakness (Bearish)
Overview: Bitcoin’s dominance rose to 58.66% this month as investors favored safer assets amid a "Fear" market sentiment (CMC Fear & Greed Index: 21). AITECH’s 24h drop outpaced the broader crypto market’s -1.91% decline.
What this means: AI-themed tokens like AITECH face headwinds during risk-off cycles. Despite recent ecosystem updates (Solana expansion, compute deals), the token’s -60% 60-day return reflects sector-wide apathy.
What to look out for: A shift in the Altcoin Season Index (currently 21, "Bitcoin Season") or AI narrative resurgence.
Conclusion
AITECH’s decline stems from reduced liquidity post-delisting, technical exhaustion, and sector-wide risk aversion. While oversold conditions and infrastructure developments (e.g., compute partnerships) offer long-term potential, short-term sentiment remains fragile.
Key watch: Can AITECH stabilize above $0.0132 to attract sidelined buyers, or will Bitcoin’s dominance prolong the sell-off?