#比特币2026年行情展望 $PUMP The recent market movement has been quite intense, with a decline of -11% accompanied by a trading volume of 177 million, clearly indicating selling pressure. The key point is that the open interest remains high, posing a risk of long liquidation, and the market behavior looks bearish.

From a technical perspective, $PUMP has broken through previous key support zones. Such a large trading volume indeed suggests that the selling is not fake. The price decline combined with high open interest usually indicates forced long liquidation, and once it starts, it triggers a chain reaction. Currently, there is no effective buying interest to absorb the sell-off, and the rebound on lower timeframes lacks strength. The downward momentum is likely to continue until it reaches the next liquidity zone.

**Short-term Strategy:**
📍 Entry Range: 0.00270-0.00275
🛑 Hard Stop Loss: 0.00285
🎯 First Target: 0.00250
🎯 Second Target: 0.00230

The logic for shorting still holds, it just depends on whether the downward momentum can be maintained.