A 14% crash isn't even the worst? SYRUP hides a huge bomb: 35% of chips are on a countdown to unlock, retail investors should flee quickly.

Breaking news! Today, SYRUP suddenly plummeted 14%, and my inbox is exploding with private messages. Let's break it down in plain language.

The main reasons for the crash are three:

Profit-taking rush: This asset just surged 51% a few days ago, but once it hit around $0.21, it was heavily attacked by bears. Clearly, those who bought in earlier are cashing out at resistance levels, and the market makers are following suit. On-chain data shows that large addresses are transferring coins to exchanges today, clearly aiming to cash out retail investors.

Project team’s shady operations: Although locking 50% of the tokens until 2069 sounds stable, the remaining 35% in circulation is all in the hands of early players. These two days happen to be the peak period for unlocking pre-sale tokens, causing massive selling pressure on Binance, and buyers simply can't keep up.

Bitcoin blood-sucking market: BTC surged to $106,000 this morning only to crash suddenly, with funds fleeing to mainstream coins. Small-cap RWA concepts like SYRUP have had their liquidity completely drained, falling behind in the old habit of following the downward trend instead of the upward one.

How will the market move? Focus on two signals:

Death line at $0.20: If this position can hold, there's a high probability of a rebound to the $0.25 resistance level. However, if it falls below $0.18 (the 30-day moving average), it's advisable to cut losses without being stubborn.

Positive catalyst: I heard the project team is negotiating to launch on the South Korean exchange UPBIT. If it happens, it could surge again. However, the team isn't showing their face, and there's no white paper; in the long run, we still need to see if the RWA sector can gain traction with large institutions.

Trading advice: For spot traders, just lie flat and don't average down; wait until Bitcoin stabilizes at $100,000 before considering buying the dip. For contract traders, stay away these days; this coin has a reputation for sudden spikes, and yesterday it fluctuated 20% in just 15 minutes. Those with weak hearts really can't handle it.

If you want to delve deep into the crypto world but can't find a direction, and want to quickly understand the information gap, click on my profile to follow my introduction and gain first-hand insights and in-depth analysis!