SKYAI, after a continuous decline, still shows a clear bearish structure in the current market. Behind the sharp drop with increased volume is the persistent escape of major funds, while retail investors' absorption has accelerated the transfer of chips. From on-chain data, the abnormal surge in trading volume has not provided effective support, but instead further confirms the strength of the bears. Technical indicators show that momentum exhaustion signals have already appeared, but the lack of a rebound also indicates that the downtrend has not ended. In the face of this highly volatile asset, following the trend remains the prudent choice.