Recently, the cryptocurrency market has encountered new variables. Alpine's performance today has been sluggish, with the daily chart showing a falling trend, breaking through an important support level, and the short-term trend has turned bearish.

The changes in the market environment have put significant pressure on Alpine. The project team lacks positive news, while funds continue to flow out, with selling pressure clearly stronger than buying pressure, and pessimistic sentiment pervades the market.

From the trading data, the movements of large funds are worth noting. The main funds seem to be reducing their holdings at high levels, while retail investors are constantly buying in. This change in chip distribution suggests that the current fall may be a planned market adjustment.

Considering the current situation, Alpine may continue to fluctuate downwards in the short term. In this case, blindly chasing the highs may bring significant risks, and investors need to act cautiously.

It is worth noting that the latest producer price index for July released by the United States (PPI) year-on-year was higher than expected, while the Federal Reserve canceled the regulatory plan for innovative activities. These changes in macro factors could have a profound impact on the encryption currency market, and investors should closely monitor subsequent developments.

In such a market environment, accurately grasping market trends is particularly important. Investors need to remain calm, carefully assess risks, and make wise investment decisions.