Brothers, the truth about IP is more dangerous than you think!
Brothers, $IP has been trending on KBW these days, with PR coming one after another: anime collaborations, girl group partnerships, the hype is more intense than a new device launch.
But the data is here, and the truth is actually cruel: MACD has already crossed, and trading volume is shrinking, indicating that the bulls are exhausted.
Now it has fallen to around $12, a decline of over 20%, this is the cold hard reality.
What’s worse is that there are huge unlocks waiting ahead, which may create even greater selling pressure at any time. If retail investors get carried away by the excitement in front of them, they might not even have the chance to escape.
I think the real show is just beginning. But the direction is not up, but down.🚨
