1. Trend Break: Inverted V shape established, bearish momentum accelerating.
ALPINE plummeted 8.24% intraday, with the key support level of 2.015 breached, forming a typical 'guillotine' pattern. Such a rapid reversal often accompanies a fundamental shift in market expectations—major funds have shifted from tentative selling to full withdrawal. If the psychological defense line of 2.010 is breached again, the 1.800 area below will become the focal point of the bullish-bearish battle (historical concentration areas are prone to trigger stop-loss cascades).
Technical Metaphor: Like a tightrope walker encountering strong winds at high altitude, the physical potential energy of price free-falling after losing support will amplify the decline.
2. Three Major Technical Resonances: Bearish engine fully powered.
RSI Indicator:
Overbought Zone (>70) rapidly breaking below the midline, currently still in a downward channel, indicating that selling pressure has not been fully released.
MACD Structure:
The histogram turning green combined with the DIF/DEA death cross forms a classic 'accelerated decline' signal, similar to the technical pattern before ALPINE's halving in September 2024.
Volume Validation:
Volume increased to 630.1 ALPINE at the breakout, with sparse buy orders (the total of five orders is only 1,268 ALPINE), confirming the exhaustion of buying power.
3. Fund Movement: Bearish pressure clearly indicated by short positions, with a clear signal of major players abandoning positions.
Sell Pressure: Over 800 ALPINE sell orders accumulated in the 2.014-2.016 range (equivalent to 15% of the average daily trading volume), forming a high-pressure wall.
Large Sell-off: 140,000 USDT worth of chips sold at an average price of 40.00 within 52 minutes, corresponding to on-chain whale addresses reducing their holdings.
Market Sentiment: Commission difference -8205.4 combined with commission ratio +0.18%, showing a high degree of consensus on bearish sentiment.
Historical Repetition Warning: The same 'pressure + huge sell-off' combination in 2024 led to a 50% crash in the token within a week.
The storm in the crypto market never announces its arrival time. If the holding cost is above 2.014, one should be cautious of becoming the 'cost bearer' during the bullish-bearish transition; if holding a short position, be wary of profit loss during extreme volatility. A true hunter always maintains restraint on the trigger while bullets are flying.$ALPINE
