BIFI has indeed attracted a lot of attention with this recent rally. The token experienced rapid appreciation, but the latest technical signals suggest that some bearish signs may have emerged, warranting close observation.



**What’s happening in the market**

The surge in BIFI’s price mainly stems from two factors. On one hand, the narrative of DeFi yield farming has regained popularity, and as a long-standing yield aggregation protocol, BIFI is being reevaluated by investors. On the other hand, the scarcity of the token supply has played a role—BIFI’s total supply cap is only 80,000 tokens, all of which are in circulation. This tight supply could trigger rapid price increases when demand picks up.

**Technical outlook**

This is the most critical part to watch. The MACD has already broken below the signal line, with the histogram turning negative (reaching -5.68), indicating that short-term momentum is weakening. The current price is at 249.20, below the middle band of the Bollinger Bands (275.81), suggesting a downtrend has begun, and it may continue to test the lower band. However, there is a relatively positive signal—the Average True Range (ATR) over the past 24 hours has sharply decreased from 78.83 to 34.18, indicating a significant contraction in volatility, and the market may be gradually stabilizing.

**Where are the concerns**

Token supply is highly concentrated. 94% of BIFI is held in just 59 wallets, and such an extreme distribution structure could lead to abnormal market volatility. Large holders could trigger rapid price swings at any time. This is a risk that retail investors should be cautious of.

**What does the community say**

Investors are excited about the recent rally but generally remain cautious. After all, this token is highly volatile, and rapid price swings can occur at any moment. Chasing the high recklessly carries significant risk.
BIFIF2,78%
ATR0,04%
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ContractBugHuntervip
· 12-27 00:56
94% concentrated in 59 wallets? That's outrageous. Retail investors are just handing over the bag to the big players.
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ForkYouPayMevip
· 12-27 00:45
It's the old routine of centralized supply again, 94% in 59 wallets, retail investors are just the bagholders. MACD breaking down is nothing new, maybe the lower band will be tested again? I remain skeptical. Speaking of volatility contraction, it's probably trying to lure in more buyers, but such a setup can easily reverse and crash. Chasing highs will get you killed, really. Wait, DeFi mining is coming back again? The same story from last year is repeating.
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Gm_Gn_Merchantvip
· 12-27 00:45
94% concentrated in 59 wallets? Isn't this just the perfect script for big players to harvest retail investors? --- MACD has broken below the signal line. I told you not to chase the high. --- Volatility shrinking is actually more terrifying. Big players are holding back their big moves. --- DeFi is starting to hype again. It’s always like this. Time to exit. --- Scarcity of supply? Bullshit. It’s all in the hands of the whales. --- Can it really drop to the lower band from the 249 level? I bet five cents. --- Retail players playing BIFI are just gambling, honestly. --- Just look at the concentration to understand what's going on. It’s boring. --- Sudden surges and crashes—that’s the fate of small-cap coins. --- Suddenly, volatility dropped from 78 to 34. Someone is definitely manipulating behind the scenes.
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