Short Selling Report: The Short Selling Opportunity for ALPINE is Forming! Vast Wealth!
From a technical perspective at that time, ALPINE's short-term overbought correction and long-term value divergence are evident, and the current trend has broken down, with 1.976 consistently running below all moving averages EMA7, EMA30, establishing a bearish arrangement. The Bollinger Bands are opening downwards with the middle band at 2.0365, and the current price is close to the lower band at 1.9321, completing the downward channel.
Moreover, signs of momentum exhaustion have already appeared, with MACD consistently below the zero line at 0.0296, expanding to 0.0219 with green bars. RSI is under comprehensive pressure, with weak rebound. The trading volume has also shrunk to 1.717 million, reflecting capital withdrawal. Furthermore, from a fundamental perspective, the Alpine team has not scored points in the last three races, and the demand for token use has sharply declined.
This token has a market value of 10 million, with a previous high of 2.2666 seeing a single-day sell-off pressure of 2.2 million, accounting for 22% of the circulation, indicating extremely high short selling value.