While bulls are still gazing at the starry sky, bears have already laid out a web on the ground—ALPINE's candlestick chart is currently staging the most brutal 'high-altitude fall' in the crypto market.
Price trend: Roller coaster dive, bears have locked in victory.
At this moment, ALPINE's candlestick chart is showcasing a breathtaking 'free fall': plummeting from a high of 2.2666 to 2.0118, a single-day drop of 8.24% is no ordinary correction, but a 'retreat declaration' written in real capital. More critically, the key psychological level of 2.015 has been breached, completing the short-term trend from bulls to bears in 'power transition'.
Imagine this: you are standing at the edge of a cliff watching the rope suddenly snap—ALPINE's price is just like that, and there are no 'buffer zones' below. If 2.010 is lost, the next stop will be the 'panic zone' at 1.800, where the ultimate showdown between bulls and bears will take place.
Triple death cross, bears have pressed the 'nuclear button'.
RSI: Plummeting from the overbought zone (>70), currently still extending downwards, selling pressure is like a flood breaking through a dam, the price still needs to 'release water'.
MACD: Green bars continue to enlarge + death cross formed. This is not only a signal for decline but also a warning for 'accelerated decline', like a sports car pressing the gas pedal, the speed will only increase.
Trading volume: Volume significantly increased during the decline (e.g., buy order at 2.0127 with 630.1 ALPINE), the strength of bulls taking over is like an insect trying to stop a car, while bears crush through like bulldozers.
Qing Yao's view: The resonance of these three indicators is bearish, like three timed bombs exploding simultaneously—this moment is not for 'bottom fishing' but the last window for 'escape'.
Main funds: Pressure sell orders + massive selling, bears have 'revealed their cards'.
The language of the market reveals the brutal truth:
Sell orders are piled up over 800 ALPINE in the 2.014-2.016 range, while buy orders are sparse like scattered soldiers. This is like bears setting up a machine gun, while bulls fight back with a slingshot. Even more astonishing, the main force sold 140,000 USDT chips within 52 minutes; this is not 'adjustment'. It's clearly 'clearance-style escape'!
Historical mirror: Last year, a certain altcoin faced a similar 'pressure + selling' combo, ultimately halving in price. Now, ALPINE’s main operations are eerily similar.
Market sentiment: Panic spreads, but beware of 'trap for longs'.
How pessimistic is the current market sentiment? The data does not lie:
委差-8205.4,委比仅+0.18%，市场共识已从"谨慎看多"转为"集体撤离"。
RSI has not yet reached the bottom (>30), indicating that the downward momentum is not exhausted; attempting to 'catch flying knives' at this moment is akin to picking up chestnuts from the fire.
Qing Yao's operating strategy:
Rebound to resistance level 2.014 (65% probability): Decisively open short positions, stop-loss set at 2.025 (be wary of 'false breakouts' luring longs).
Break below 2.010 (75% probability): Enter short positions, target 1.800, stop-loss at 2.015 (strictly control risk).
Qing Yao calls: Can your position withstand the baptism of this crypto storm?
ALPINE is currently staging a 'bear-led survival game'—the technical, funding, and emotional aspects have formed a perfect storm. At this moment, still fantasizing about a bull reversal is like trying to light a match in a hurricane.
Special reminder: If the price breaks through 2.025 with increased volume, be cautious as the bear scenario may change. At this time, decisively stop-loss and observe; however, as long as 2.025 holds, short positions remain a 'high probability' choice.
