$LAB Weakness persists | Bearish structure remains intact🤯

Updating everyone with the latest market view$LAB Currently, the overall trend is weak, with a clear bearish rhythm, objectively sharing the short-selling logic.
First, from the chip structure perspective, $LAB chips are highly concentrated, and the market control attributes are strong. The main force's distribution traces are obvious in the high-level range, with prices repeatedly oscillating under pressure, making upward resistance very high. At this stage, following the trend to short is a more cost-effective trading choice.
Secondly, negative news continues to ferment: Chain detective ZachXBT posted related questioning tweets, and insider holding addresses of the project show signs of cashing out, with the team currently remaining silent and not responding publicly. With multiple negative factors stacking up, market confidence in the bulls is severely lacking, and a strong rebound is unlikely in the short term.
Based on comprehensive chip and news analysis, $LAB currently shows no signs of stabilization or recovery, and the weak trend will continue. At this stage, blindly bottom-fishing is not recommended; following the trend to short is a more prudent approach aligned with the market🔥
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