Will $ALPINE face a crash? Super Brother's bearish analysis is as follows:
1. Hidden Worries Behind Price Fluctuations
A daily drop of 4.22% closely follows a surge of 64.04%, creating a typical "roller coaster" market, exposing signs of short-term speculative funds withdrawing.
The current price of 15.163 yuan has deviated from today's high of 16.0596 yuan and has fallen below the early support level, indicating an initial downward trend.
2. Technical Indicators Signal Danger
The 4-hour chart shows an expanding bearish candlestick at a high level, forming a "cloud cover" pattern with the previous large bullish candlestick.
The MA7 moving average (1.8289) is precariously supported; if it effectively breaks down, it will directly test the key level of MA15 (1.5644).
Volume indicators show increased volume during the rise and decreased volume during the pullback, indicating a weakening buying force.
3. Market Structure Conceals Risks
An extremely high turnover rate of 1164.15% indicates that short-term chips have completed multiple rounds of turnover, with a strong willingness to escape profit margins.
With only 6277 holding addresses, the concentration of chips is too high, and selling pressure from large holders may trigger a chain reaction.
A trading volume of 1.773 billion in the last 24 hours has overdrawn short-term liquidity, leaving subsequent support capabilities in doubt.
4. Inherent Defects of Fan Tokens
Lack of sustained narrative support; after the F1 event's popularity wanes, there are no new catalysts.
The overall weakness of the Binance Smart Chain fan token sector is intensifying the siphoning effect of funds and selling pressure.
The significant gap between the historical highest price of 71.5879 yuan and the current price could release pressure from trapped investors at any time.
