$BAS not finished eating, it's okay
- The main upward wave has completely ended, entering a rapid downward channel: latest price $0.0098759, 24h drop -2.86%, quickly falling back from the historical high of $0.0119704, with a maximum pullback exceeding 17.5%, fully verifying the previous judgment of "false orders inducing buying, major forces unloading".
- Bollinger Bands opening downward: the price has directly pierced through the lower Bollinger Band ($0.0101159), which belongs to an extreme downward trend, with short-term downward momentum completely dominating, and no support whatsoever.
- Volume killing drop: during the decline, the trading volume significantly increased, which is solid evidence of major forces dumping, and the false orders have completely failed, with prices plunging directly.
- Technical indicators are all weakening:
- KDJ: K=14.20, D=26.81, J=-11.01, all three lines have entered the extreme oversold zone, with the J line being negative, the downward momentum is still being released, existing only a need for a rebound from an oversold condition, with no trend reversal signal.
- MACD: DIF=-0.0000608, DEA=0.0001034, DIF crosses below DEA to form a death cross, and the MACD green bars are expanding below the zero axis, confirming the short-term downward trend completely, with no reversal signals.