Nano Labs MACD Death Cross and KDJ Death Cross Triggered on 15min Chart

Nano Labs's 15-minute chart has triggered a MACD Death Cross and a KDJ Death Cross, as of August 21, 2025, at 09:45. This technical indicator suggests that the stock price has the potential to continue declining, as the momentum of the stock price is shifting towards the downside and may further decrease.

Nano Labs (NA) has experienced a significant shift in momentum following the emergence of a MACD Death Cross and KDJ Death Cross on its 15-minute chart as of August 21, 2025, at 09:45. This technical indicator suggests that the stock price has the potential to continue declining, as the momentum of the stock price is shifting towards the downside and may further decrease [1].

The company reported its Q2 2025 earnings, showing a mixed performance with significant changes in business strategy and financial performance. The company reported a net revenue of RMB8.3 million (US$1.2 million), down from RMB24.7 million in Q2 2024, while narrowing its net loss to RMB11.8 million (US$1.6 million) from RMB59.1 million year-over-year [2]. The primary driver of the revenue decline was a reduction in sales volume of the company's iPollo V Series products, leading to a substantial gross loss of RMB10.7 million (US$1.5 million) compared to a gross profit of RMB30.1 thousand in Q2 2024. This indicates a significant margin deterioration and inventory write-downs, raising concerns about product competitiveness in the Web 3.0 hardware market.

Despite these operational challenges, Nano Labs has narrowed its net loss by 80%, primarily due to a RMB48.6 million (US$6.8 million) gain from cryptocurrency holdings, specifically BNB tokens. The company has accumulated over 128,000 BNB tokens as part of its strategic pivot towards building a crypto-asset reserve. This shift coincides with substantial reductions in operating expenses, particularly in R&D, down by 89.1% to RMB3.2 million, suggesting a deprioritization of product development in favor of crypto asset accumulation [2].

The company's cash position has strengthened dramatically to RMB363.4 million (US$50.8 million) from RMB32.4 million at the end of 2024, providing financial flexibility but also reflecting the issuance of Bitcoin-denominated convertible notes, which created a RMB18.5 million (US$2.6 million) fair value loss. This financing strategy introduces significant cryptocurrency exposure and volatility to the balance sheet [2].

Nano Labs' management remains optimistic about the future, aiming to leverage its expertise to drive growth and operational improvements. The company is committed to strengthening its crypto-asset strategic reserve model, building a unique advantage in the crypto asset sector, and delivering sustainable, long-term value to shareholders and partners [2].

References:
[1] https://www.ainvest.com/news/nano-labs-15min-chart-shows-kdj-death-cross-bearish-marubozu-signal-2508/
[2] https://www.ainvest.com/news/nano-labs-reports-q2-earnings-net-revenue-rmb8-3-million-narrowed-net-loss-rmb11-8-million-2508/