Current Market Analysis for 64019597710

1. Technical Breakdown: The 5-minute candlestick has buried the bulls directly, with the MA10 moving average pressing the price down like a knife. The support level around 0.013 is about to give way.

The price has dropped nearly 26% from yesterday's high of 0.0178, and a rebound to 0.015 was immediately crushed; this position has now become a meat grinder, and whoever tries to catch the falling knife risks their capital.

The trading volume is even more concerning—volume increases during the decline and shrinks during the rebound, clearly indicating that the bears are in control and no one dares to enter the market right now.

Critical Danger Signal: The previous low of 0.013 is just a fig leaf; if it breaks, we will directly look for a gap fill at 0.012. The current market resembles the major bear market of 2018, where those trying to catch the bottom are becoming cannon fodder in the 0.016-0.018 range. Binance has just added VIB to the watchlist, and I believe this wave of selling pressure is far from over. On-chain data clearly shows whales dumping 1.27 million VIB to the exchange, accounting for 19% of the day's outflow, which indicates that the main forces are fleeing.

2. Main Force Dynamics

Although VIB has formed a blockchain alliance with a Slovenian company, the crypto market now quakes at the mention of “regulation.” This favorable news has instead become an excuse for manipulators to wash the market, and the pump is merely a trap for retail investors. You can see mainstream coins are playing dead, and altcoins are bleeding slowly, which means playing with VIB now is like trying to catch a flying knife barehanded.

3. Risk Control Focus

If you really want to play for a rebound, wait for two signals: either have the daily closing price stay above 0.0125 for two consecutive days, or see a sudden surge in volume that creates a long lower shadow. But given the current situation, I advise you that it’s better to miss out than to make mistakes; altcoins can grind you down to nothing.

If you feel helpless and confused in trading right now and want to learn more about the crypto world and get firsthand cutting-edge information, click on my avatar to follow me. Don't get lost in this round of the bull market!