$SIREN is empty!
After a short-term increase, it will continue to trend downwards. The core issues are high control of the market, the end of selling, lack of fundamentals, and a technical breakdown, creating a resonance of four negative factors. The project relies solely on AI + Meme narrative speculation, with no real implementation or revenue, yet it is controlled by a small number of addresses holding over 88.5% of the circulating chips, completely dominated in pricing by the speculators. After the violent price surge, it has entered a concentrated selling phase, with weak rebound volume and thin buying pressure, making it difficult for retail investors to take over. Technically, it has broken through key support, RSI has continuously fallen from overbought levels, and funding rates have been negative for a long time, indicating exhausted bullish momentum. Coupled with the cooling of the AI sector and deleveraging of the market, the controlling parties have a strong willingness to take profits. SIREN has no value support, and any rebound is merely a trap for inducing selling. The short-term bearish trend is clear, and it is likely to continue a downward slide or even collapse quickly.