ALPINE collapsed overnight: Can this market recover?

I said yesterday that this coin's rise was suspicious, purely a castle in the air, while a bunch of people were still shouting "hold on hold on." And what happened? Overnight, ALPINE performed a high dive, with the price crashing from $8.65 to $1.82, a drop of over 78%! This is not a correction, this is a collapse.

Looking at the data, the highest price in 24 hours is still 15.35, while the lowest has already dropped to 1.3. The trading volume is frighteningly large, with over 500 million ALPINE changing hands in panic. This is not trading; this is fleeing.

Technical indicators are bearish across the board, short-term moving averages are being pressed down by long-term ones, and the MACD is heading downward without any decent rebound. The only "decent" indicator is the RSI—it has already been oversold to the limit, but what use is that? In the emotion-driven crypto market, overselling can get even more oversold. Bottom fishing? You're just fishing at your own bottom.

The most frustrating thing is the whales. Just a few days ago, they were pretending to accumulate and pump up the price, and a bunch of people in the community were shouting "The whales haven't left, the bull is still here." But then they turned around and distributed massively, catching you off guard. They made a fortune, leaving retail investors out in the cold on the mountaintop. This is not a market, this is a slaughterhouse.

I have said for a long time that coins without fundamentals, driven entirely by emotions and capital, rise crazily but fall even more miserably. Yet there are still people who don't believe in evil, always thinking they are the chosen ones who can escape before the crash. So what happened? Waking up one day, their account shrank by 70%.

The crypto space is not without opportunities, but a path like ALPINE is not investing at all; it's gambling. And the harshest truth about casinos is that the house always wins.

I'm tired, really. In this market, ordinary people can't afford to play, nor can they understand it.