Axie (AXSThe ) market price fell sharply on June 1. This suggests that the supersonic gains of the past two days may have been part of a bearish rally.

This is the pair The skyrocketedThe week to date gain was 54%, reaching over $28 by May 31, which is its highest in the last three weeks. The gains were not sustained by Axie Infinity, which corrected more than 21% to $22 and raised the risk of further downside.