Introduction:

“Binance's launch immediately crashes, $ALLO token becomes a ‘retail investor's cash machine’? Exclusive breakdown of the token economics’ crash points, technical death cross signals, revealing the truth behind institutional sell-offs!”

1. Token Selling Pressure: 48% of chips about to pour out

ALLO plummeted 70% on its first day, primarily because 48% of the tokens are held by early investors and the team, and have entered a linear unlocking period. Based on the current circulating supply of 200.5 million tokens, the daily selling pressure exceeds 10 million tokens, far exceeding market absorption capacity. Even more critically, 15 million airdropped tokens (1.5%) need T+1 unlocking, causing arbitrageurs to collectively sell off, forming a “stampede effect.”

2. Technical Breakdown: $0.45 becomes the ‘iron bottom’

ALLO plunged from $1.6 to $0.46, with the weekly chart breaking below the Fibonacci 61.8% retracement level, the next target points to $0.38. The chip distribution shows over 60% selling pressure accumulated around $0.45, forming “death resistance.” If a rebound occurs above $0.5, a secondary sell-off is likely to be triggered.

3. Short Selling Strategy: Three Steps to Lock in Profits

Timing: The 15th of each month is the token unlocking day coinciding with Bitcoin's correction period;

Leverage: 3-5 times leverage, stop-loss set at $0.55;

Hedge: Buy ETH put options to guard against systemic risks.

Conclusion:

“The story of Allora essentially reveals the trap of token economics. When technical visions deteriorate into PPT, all that’s left is a mess.”

Risk Warning: Sudden regulatory changes or technological breakthroughs may render strategies ineffective; position recommendations ≤5%.