🔥 $INJ Crash Alert: Three Major Signals Indicate Accelerating Bear Market, Decline May Exceed Expectations!

Recent fluctuations in INJ are no ordinary pullback, but rather the beginning of a deep bear market. The core arguments are as follows:

### ⚠️ **1. Long-term Holders Are Exiting en Masse, Selling Pressure Hits Yearly Peak**

- **Single-day Plunge of 12%**: INJ has become one of the worst-performing assets in the entire market, far exceeding the declines of mainstream coins.

- **Whales Concentrated Selling**: 57,700 long-term holders (the highest record this year) have simultaneously exited and sold, indicating a collapse of confidence in the project.

- **New User Cliff Drop**: Only 512 new addresses have entered, with market risk aversion reaching extreme levels, and incremental funds exhausted.

### 💸 **2. Technical Death Cross Forming, Downward Target Directly Aiming at $10.1**

- **Liquidation Heat Map Alerts**: The maximum liquidity below the current price is concentrated at $10.1 (yellow super trend line), and shorts may drive the price down to this liquidation area, triggering a chain reaction of sell-offs.

- **Key Support Failed**: The $11.90 support level has been breached, and the 50-day moving average has formed a downward death cross, confirming the opening of a descending channel.

- **Historical Drop Reference**: It has fallen 84.6% from the 2024 peak, and if the same bear market cycle is replicated, the target price will test $8.1 (requiring a 550% rebound to reach previous highs, which is extremely unlikely).

### 📉 **3. Institutions Predict Overall Pessimism, Mid-to-Long-Term Bottom Not Yet in Sight**

- **2025 Bear Market Target $7.59**: Several analysis institutions point out that if regulation worsens or the DeFi sector collapses, INJ may fall to the $5–$8 abyss range.

- **2030 Pessimistic Expectation $4.3**: Benzinga’s model indicates that the long-term valuation logic of INJ is collapsing (such as competition taking over, ecosystem stagnation), and it will devolve into a “zero-sum token.”

- **TVL Growth Weak**: Although DeFi investors bought in at a low of $1.36 million, the total locked value (TVL) only slightly increased by $520,000 (0.15%), making the bottom-fishing funds insufficient.

💎 **Conclusion**: **INJ's 'Death Spiral' Has Begun**—long-term holders are withdrawing, technical levels are breaking down, and institutional consensus has shifted to bear market. Under these three pressures, **the downward target of $10.1 is merely a waypoint**, with deep bear territory below $7.5 being the area for value reassessment. Investors must cut losses and hedge against risks, and avoid catching falling knives!