Are retail investors still betting on a rebound? The three major signals of going to zero exposed by on-chain data are harsher than Myanmar's electric fraud.

Notes on decoding the big G's crash

Brothers, today PEOPLE has seen a 22% drop; the sickle is almost smoking! Let me expose the three knives behind this:

The manipulators have collectively fled.

On-chain data shows that the top ten holding addresses dumped 230 million PEOPLE in three days; these scoundrels specifically choose to crash the market in the early morning, directly smashing the support level of $0.017 to pieces. What's even more disgusting is that a certain exchange has been exposed for secretly raising the leverage fee rate on PEOPLE contracts, forcing retail investors to face liquidation.

The project's team is confirmed to be slacking off.

The promised decentralized governance upgrade has been delayed for half a year, only to be found by the community that the codebase hasn't been updated for three months. Yesterday the team tweeted that they are hiring a CTO; so they were driving without a license before? Such a fundamental collapse makes even the manipulators hesitant to protect the market.

The Federal Reserve's sharp knife strike

This morning, Federal Reserve officials suddenly turned hawkish, hinting at a possible pause in interest rate cuts in June. With the macro environment tightening, those institutions relying on low-interest loans to sustain themselves will immediately flee; you see, BTC has already dropped 3%, and small coins like PEOPLE are merely cannon fodder.

Post-market script simulation

Short-term (within 1 week): $0.013 is the last cover; if it falls below that, directly look at the psychological defense line of $0.01. But according to the nature of the crypto market, there will likely be a 'dead cat bounce' to trick retail investors into buying; remember that any pump is an opportunity to escape.

Medium-term (1 month): It crucially depends on whether the project team can pull off a big move; I've heard there will be some NFT staking in June, but if they keep making empty promises, this coin may very well end up in the zero zone.

Long-term: It is recommended to directly delete the self-selected! Now the RWA track is the favored child, this outdated governance coin, even the manipulators are too lazy to spend money to pump it.

A lifeline for my friends

Don't believe the nonsense about a rebound from an oversold condition; KOLs still playing this game in 2025 are either foolish or malicious.

If you're really going to bottom fish, use your instant noodle money, set a 5% stop-loss line, and run after making a little barbecue money.

Keep a close eye on BTC's 620-day line; if the big coin can't hold steady, all altcoins will go down with it.

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