Today let's talk about my personal view on the currency $ALPINE , which is bearish.
From the chip distribution perspective, recently the high-position chips have been running out. In simple terms, many people who bought at relatively high prices earlier are taking advantage of the rebound to slowly sell off; this can be seen from the combination of trading volume and price — several times during the rise, the buying volume has not kept up, and if it cannot rise, it is easy to fall.
Looking at the low-position chips, they haven't really concentrated. Typically, if there is going to be a rise later, funds need to quietly collect chips at low positions to form a solid "base." But in the current situation, the low-position chips are scattered, indicating that large funds are not yet planning to enter heavily; more short-term funds are just fluctuating back and forth, making it difficult to have sustained upward momentum in this scenario.
Another detail is that recently, when approaching key resistance levels, the chip selling pressure has significantly increased, indicating that many trapped positions or short-term profit-taking positions want to exit at this level. In this case, it is quite challenging for the stock price to break through; it is more likely to be pushed down by this selling pressure.
Overall, based on these chip conditions, Alpine may still primarily experience weak fluctuations in the short term, and everyone should pay more attention to the risks.
Shortly, Xingyu will guide fans to enter the market, and the specific entry points will be informed to fans as soon as possible.
