The crypto market is unpredictable, with rises and falls hiding a battlefield; in one day, bulls and bears can swap roles, only the wise can navigate the waves forward.

Analysis of the Plunge (0.017490→0.00717): Corpses Lying Everywhere in 48 Hours

News Nuclear Explosion:
On June 26, an alert went off on-chain that 'the BANANAS31 whale address sold 80 million tokens', combined with community rumors of 'project liquidity being withdrawn', the panic index skyrocketed. Retail investors sold off en masse, contract liquidations surged by $20 million in half an hour, and on-chain gas fees soared by 300% — negative news ignited a death spiral.

Technical Collapse:

The 'watershed' 0.015283 (78.6% Fibonacci) was broken with high volume, MA5 crossed below MA10, announcing the collapse of the bullish defense line.

0.00717 precisely touched the Fibonacci 0-axis support, this point is exactly the historical bottom of the bear market in 2023, triggering a 'technical rebound' as short positions cover profits.

Personal Observation: At that time, the community was wailing everywhere, a certain large holder live-streamed cutting losses at 0.0071, and the coin price surged 30% in seconds... The video of him smashing his keyboard on the spot has become a new meme in the crypto world.

Violent Surge (0.00717→0.012281): The Counterattack of the Jedi

News Reversal:
In the early hours of the 27th, the project party urgently announced the 'destruction of 5% of the total supply of tokens' and shared the on-chain hash. At the same time, Coinbase suddenly released a proposal to launch BANANAS31 futures, with expected positive news piercing through the darkness — the market exclaimed: 'Mouse poison turns into chocolate!'

Technical Counterattack:

0.00717 becomes the 'Golden Foot' support, after the price V-rebounds breaking through 23.6% (0.009611), the 38.2% Fibonacci resistance level 0.011117 was pushed through by volume, forming the classic 'Dragon Emerging from the Sea' pattern.

MA5 turned upward penetrating the 'pullback pressure' zone, the dense trading area transformed into rocket fuel, achieving a 71.2% epic surge in one day.

Emotional Rollercoaster: I placed an order at 0.008 to catch the flying knife but it didn't get filled, watching the K-line shoot up from the ground, I slapped my thigh and angrily drank three cups of black coffee...

Market Sentiment Game: Collective Madness under the Dual Kill of Long and Short

Plunge Period: The Fear and Greed Index dropped to 10 (extreme fear), the Twitter topic #BANANAS31RIP flooded the screen.

Surge Period: The funding rate changed from -0.18% to +0.35%, short positions were squeezed beyond the horizon.

The new battlefield has drawn the line of life and death!

Current price is battling at the 'Long-Short Watershed' 0.012230 (49% Fibonacci), if it breaks through with volume, it will open a new bull path at 0.015283, otherwise it may retest the life line at 0.011117 (38.2%).

Keep a close eye on two holy swords tonight:

News: Binance Listing voting is in countdown

Technical Analysis: If the 4-hour chart forms a 'three-line flowering' (MA5/10/30 in bullish arrangement), the violent bull market of the second season is about to start...

Follow me, bullets are loaded! Next issue reveals: How to use the 'Fibonacci Sniping Method' to pick diamonds in a waterfall! $BANANAS31

The crypto world never sleeps, you and I are all players in the game — but remember: K-lines are paths paved with corpses, and you are the hunter holding a lamp to identify the blood. Want to delve deep into the crypto world but can’t find direction? Want to quickly learn and master the information gap? Click on my avatar to follow me! First-hand information and in-depth analysis shared in real-time, precise buy and sell signals, grasp crypto dynamics at the first moment!