In the crypto market, the faster it rises, the harder it falls. ALPINE is putting on a thrilling act of 'tightrope walking in high altitude'.

Recently, ALP's performance has made many old friends sweat — after the price surged to $2.26, it hit the brakes suddenly, turning the $2 mark into a 'roller coaster'. As a veteran who has been in the crypto space for five years, I dare say this operation is definitely not just a simple pullback, but a collective 'alarm' signal from the technical indicators!

Let's start with the most eye-catching signal: MACD divergence at the top + death cross double whammy.
When the price hits a new high, but the MACD indicator is lazily lying flat, this phenomenon of 'price up, indicator down' is like your breathing can't keep up with your running rhythm — you're bound to trip sooner or later. What's worse is that the DIF line has pierced the DEA line forming a death cross, and the histogram has dropped below the zero axis and 'lies flat', clearly indicating that the bears are having a party. Remember how a certain altcoin plummeted 20% in a single day after a MACD death cross last month? ALP's current situation seems to be about to replicate that script.

Looking at the trading volume, it has directly 'given up'.
Recently, ALP's trading volume shrank to 599 million, which is 30% less than the 5-day average. What does this indicate? There are fewer and fewer people chasing prices, and the main players can't even pull the price up! It's like throwing a party and nobody shows up, leaving you to drink alone. This kind of 'volume-less rebound' is the most dangerous; once the $2 support breaks, it could drop directly to $1.85 or even $1.65 — these two positions are the 'sorrowful ground' for the bulls from before. When stop-loss orders start to surge, the avalanche effect is unimaginable.

The RSI indicator is also ringing alarm bells.
The short-term RSI has already fallen below 50. The mid-term RSI is still hovering above 50, but it's like just barely passing your exam; the teacher could change your score at any moment. If the price continues to decline, the collapse of bullish confidence is just a matter of time.

Long Brother's opinion: Don't be a 'bag holder', be 'clever'.
Currently, ALP's technical aspects are very similar to LUNA before last year's crash — high stagnation at high levels, indicator divergence, and shrinking volume. Is it a good time to chase high prices? Unless you have a mine at home. My strategy is simple: either wait for it to drop to $1.65 to buy the dip, or just watch the show. Remember, there are always opportunities in the crypto world, but if you lose your capital, it's truly gone.
#加密市场回调
Where do you think ALP will drop to this time? Will it stop at $1.85, or go straight to $1.65? Let's discuss your views in the comments!