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$CHIP This coin is a typical “peak right after listing.” It was pumped up to 0.14 at the open, then got smashed right back down. Now it’s already down by nearly half. The trading volume shrank faster than anyone else’s, and the hype was already exhausted by that opening pump. What’s left now is purely a retreating tide period—no one is going to take the bait.
From the technical side, it hasn’t even managed to form a decent moving average. It’s completely in a downtrend. The resistance at 0.086 above feels like it’s been welded shut. The support at 0.056 below also doesn’t look solid and could break at any time.
As for the project, no fundamentals have really come through—it's been driven purely by hype. Now that the hype is gone, it can’t support the price at all. Don’t try to pick a bottom—if you do, you’re just catching a flying knife. If you want to play, wait until it drops to around 0.056 and take a small position to bet on a rebound. You must set a stop-loss—don’t go heavy and “hand your head” to the market.
$ETH $BTC #加密市场行情震荡