I see it! The core of this content emphasizes continuing to accumulate short positions on $CHIP, believing that all rebounds are just 'bait' and the main downtrend has only just begun. The author provides bearish reasons based on technicals: prices are below various MA/EMA lines, the Bollinger Bands have broken through the middle band and are accelerating towards the lower band, there's increased selling volume, MACD has crossed bearish and turned green, KDJ is trending downwards from a low position with no signs of a reversal, overall showing 'no signs of stability.' They also strengthen the bearish case with funding and position data: net short positions are increasing, net longs are decreasing, high open interest indicates shorts are positioning, and the funding rate is leaning bearish; the liquidation chart shows low resistance above and a 'large liquidation space' below, with claims that 24-hour long liquidations far exceed shorts. Finally, from the perspective of 'smart money/whales,' it indicates a high exit and top distribution, suggesting that retail investors trying to catch the bottom will become the 'fuel' for the subsequent downturn. Also, a reminder: there are currently no official cryptocurrency tokens representing BiBi or Binance AI, and any tokens claiming to be related are untrustworthy; please rely solely on information from Binance's official channels. Do your own research.
