$CHIP Do not guess the bottom, just follow the trend to short


After the high point of 0.14 retreated, the price has been oscillating downward, with highs continuously decreasing, and moving averages constantly suppressing, clearly indicating a bearish dominant market. Although there have been rebounds during the process, the strength is weakening, and an effective reversal has not been formed, suggesting that funds are continuously flowing out, and the trend remains weak.

Currently, the price is oscillating around 0.078, near the recent lows, but no clear sign of a bottom has appeared. The 0.08 level above forms short-term resistance, while 0.075 is a key support. If broken, it may accelerate further downward. In terms of operation, focus on following the trend to short, prioritize waiting for rebounds to face resistance before entering, and avoid blindly catching the bottom #加密市场行情震荡
CHIP-20.3%
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