$BIFI This is a ghost market Bottomless

1. Overall Trend Judgment (Core)

Current Situation: The most dangerous time is recent. The price has effectively broken below the long-maintained range, currently breaking the $100 integer barrier, with the current price at $98.5. This means that the last line of defense for long-term loyal supporters has also been breached, entering the 'value destruction' deep water zone.

The mid-term trend of BIFI is extremely poor. It has shifted from 'low-level fluctuation' to 'breaking down.' Against the background of a lack of hotspots in the DeFi sector, this old DeFi coin faces the risk of liquidity exhaustion and being completely abandoned by the market.

2. Key Points

Resistance Level (Selling Pressure Zone):

Short Resistance: $120.0 - $150.0. Recently broke below the last support area. The current support has become strong resistance. If it rebounds here, the trapped chips from the past two years will weigh down like a mountain.

Strong Resistance: $300.0 - $400.0. The central point of a two-year fluctuation box. Unless the DeFi sector returns to the peak of a bull market, it is absolutely impossible to touch this level in the short term.

Support Level (Defensive Zone):

Psychological Bottom: $80.0 - $90.0. Currently just below $100, there is no technical support below, only the psychological defense line at the integer level.

Extreme Bottom: $50.0. If panic continues, the price may be halved to seek new liquidity.

3. Trading Volume Signal

Signal: Extremely exhausted, occasionally resurrecting.

Trading volume has been almost invisible for a long time, with occasional spikes like needles, usually caused by project buybacks or large players offsetting each other.

Interpretation: Liquidity crisis. The bid-ask spread for this coin may currently be very large, making it difficult to enter or exit, typical of a 'ghost market.'

4. Operating Strategy

For Holders: Stop-loss and exit.

Although it is painful, breaking below $100 is a very bad signal.

It is recommended to exit during a rebound. Do not have the illusion that this old coin in a downward channel will 'return to its peak.'

For Non-Holders: Absolutely do not touch!

Risk: This is like catching a 'falling knife,' and the knife is rusty.

Reason: Even if optimistic about DeFi, there are many newer coins with better formations to choose from. BIFI is currently a **'value trap'** in a downward trend.

5. Summary

BIFI is experiencing a 'breaking moment,' with no bottom in sight below, do not attempt to catch the bottom!