Monster Coin Trading System AI | Today's One Coin ——Binance Life has already broken through and fallen, and the rebound may only be the last opportunity to exit. The ATH has fallen all the way from 0.91 to around 0.55. Many people are starting to ask: is this a bottom fishing opportunity, or is the decline just beginning? I ran the data again using the demon coin trading system AI. The conclusion may be exactly opposite to the judgment of most people. 1、 K-line structure: confirmed break, trend has turned bearish Since hitting the ATH of 0.91 on July 4th, Binance Life has experienced multiple consecutive rebounds that have been hindered, with highs gradually decreasing from 0.91 to 0.8 to 0.7. More importantly, the price has fallen below the critical support level of 0.55 and has been unable to rebound. This is the most important structural disruption signal in the demon coin trading system V8.2. One sentence: The trend has changed and the rebound is becoming weaker and weaker. 2、 On chain data: Whales are systematically leaving the field The on chain data of Binance Life presents a clear distribution structure. The concentration of chips is extremely high: the top 2 wallets together control about 63% of the supply, Binance Life's largest address holds 43.24%, the top 10 addresses together exceed 75%, and a few addresses have absolute pricing power. The giant whale is continuously selling: On chain monitoring shows that a giant whale that was bought for only $2480 in the early days has sold a total of 16 million tokens and cashed out approximately $11.12 million. Another whale sold about 20 million tokens, equivalent to approximately 14.37 million US dollars, within two days on July 8-9. The narrative of the "diamond hand" has been broken: the whale was not held for a long time, but actively increased its position when the price rebounded to around $0.7 in June, and then precisely distributed at a high level. The so-called 'diamond hands' are essentially systematic band arbitrage operations. One sentence: Market makers are reducing their positions, while retail investors are taking over. 3、 Chip structure: Full circulation is a double-edged sword Binance Life adopts a 100% fully circulating design. This structure rises quickly during an uptrend and falls quickly during a downtrend. There is no lock up mechanism, which means the giant whale can clear its position at any time. During the price drop from 0.91, the trading volume did not significantly decrease, indicating that the sell-off was real and not a wash up. One sentence: A coin without a moat will not be bought when it falls. 4、 Monster Coin Trading System AI Current Judgment Based on the comprehensive K-line structure, on chain data, and chip structure, the AI judgment of the demon coin trading system: Binance Life has confirmed a breakout and decline. Any rebound around 0.55 should be considered a downtrend relay before rebounding to 0.65. If it were me, I would handle it like this: If the price rebounds to around 0.55-0.6 and there is a signal of obstruction, take a light short position, stop loss 0.65, first target 0.38-0.40, second target 0.30-0.35. However, I believe in my demon currency trading system. So, I have shorted Binance Life around 0.55 for reference only. The responsibility of the demon currency trading system AI is not to persist in prediction, but to follow the market, constantly verify and correct. Trading Chat Room If Binance Life rebounds to around 0.55-0.6, what would be your choice? A: Start buying at the bottom, rebound on the market B: Entering the market decisively and boldly short selling C: Observe and wait for direction confirmation I choose B. Since there is a downward trend and the main force continues to sell, I will take advantage of the situation and go short. If it were real gold and silver, how would you choose? Welcome to share your reasons. ️ Binance Life Demon Coin Trading System AI