APT drops to $1.50, forming a bearish pattern on the technical chart, with institutional trading volume soaring by 258%

【Crypto World】APT has been quite aggressive these days, dropping directly by 5% to hit $1.50. Just by looking at the chart—you can tell—it’s a classic bearish pattern, with highs and lows consecutively moving downward, and the price is stuck repeatedly bouncing within the $0.1429 range.

The most heartbreaking part is that there was a rebound earlier, with the price surging to $1.64, almost seeming like a turnaround. But what happened? It was immediately hammered back down, and after breaking below $1.56, a selling wave flooded in like a dam breaking. The trading volume is even more interesting—spiking by 258%, far exceeding the 24-hour average, clearly indicating active institutional involvement.

The overall market isn’t looking much better either; the CoinDesk 20 Index fell by 2.1%, and this momentum seems a bit oppressive.