Researched for 11s

Alpine F1 Team Fan Token (ALPINE) fell 26.89% in the last 24h, underperforming the broader crypto market (+1.74%). The drop extends a 24.69% weekly decline, driven by three factors:

Post-Pump Correction – Profit-taking after a 90% surge on September 25 (WEEX).

Technical Breakdown – Failed defense of critical support at $1.80–$2.00 (CoinMarketCap Community).

Low Liquidity – 75% drop in trading volume amplified volatility.

Deep Dive

1. Post-Pump Correction (Bearish Impact)

Overview: ALPINE spiked 90% to $4.01 on September 25 amid broader altcoin momentum but has since retraced 62% to $1.51. The token’s 30-day turnover ratio of 7.34 signals thin liquidity, making it prone to sharp reversals.

What this means: Short-term traders likely exited positions after the rally, triggering a cascade of sell-offs. Low market cap ($28.3M) and circulating supply (18.7M) exacerbated downside pressure.

2. Technical Breakdown (Bearish Impact)

Overview: ALPINE broke below the $1.80–$2.00 support zone, a level defended during August rallies (CoinMarketCap Community). The RSI (42) and MACD (bullish crossover) suggest neutrality, but falling volume (-75%) undermines recovery potential.

What this means: Breakdowns below psychologically key levels often trigger algorithmic stop-loss orders and panic selling. With no immediate resistance until $1.22 (200-day EMA), bears dominate momentum.

3. Liquidity Crunch (Mixed Impact)

Overview: ALPINE’s 24h volume plunged to $207M (-75%), reducing market depth. Turnover (volume/market cap) fell to 7.34 vs. 27.5 during the September pump.

What this means: Thin liquidity magnifies price swings, allowing large sellers to disproportionately impact bids.

ALPINE’s plunge reflects profit-taking, technical triggers, and liquidity decay—a high-risk mix for holders. While oversold signals hint at a bounce, the absence of catalysts (e.g., team updates, partnerships) leaves downside risks dominant.

Key watch: Can ALPINE reclaim $1.80 to invalidate the bearish structure, or will sub-$1.50 open a path to yearly lows?