#比特币2026年行情展望 $PUMP recently experienced a nearly 10% plunge with a surge in volume. Coupled with high open interest, this clearly indicates a scenario of long liquidation combined with main force distribution. The selling pressure on the market is evident, and there has been no sign of effective support.

From a technical perspective, now is the window for shorting. Entry should be targeted between 0.00270 and 0.00275, with a hard stop at 0.00285 (no moving stop-loss). The first target is 0.00250, and the second target aims for a push towards 0.00230.

Why am I so confident? With a trading volume of 166M and nearly 30 billion USD in open contracts, this data shows that the bearish momentum is quite fierce. The price decline is not a healthy technical correction but a sign of the market continuously clearing long positions. On smaller timeframes, rebounds are weak, and buying depth is minimal—if the price cannot hold above 0.00285, the downside space remains open.

The market reading is straightforward: selling pressure persists, and the trend has not reversed.