LYN's recent oversold rebound may seem grand, but a careful analysis of the market reveals that this is merely a short-term false rally created by retail investors stepping in, and it cannot change the overall bearish dominance.

From the daily chart, the price has fallen sharply from the high of 0.20 down to 0.08692, a significant decline. Although the MACD has formed a death cross and the green bars have contracted, it remains firmly in the negative zone, indicating that the bears have not exited the market—it's just a temporary buildup. The 1-hour chart provides a clearer picture—each rebound's volume is diminishing, and after approaching around 0.10, the price begins to stagnate, showing typical weak rebound characteristics and signs of losing momentum.

Order book structure most clearly exposes the truth. During the rebound, open interest in contracts actually decreases, which indicates that large traders are continuously shorting, suppressing the longs. Even with a slight price rebound, the short dominance in the open interest ratio remains unchanged. More importantly, whenever the price attempts to push above 0.10, aggressive sell orders immediately hit the market. This clearly shows that big funds are using retail investors' enthusiasm for bottom-fishing to offload their positions, dumping chips onto the unsuspecting buyers.

What’s next? If the price struggles to reach the 0.10-0.11 range, it will most likely be pushed down by the bears, with almost zero chance of breaking through. Conversely, if the 0.08692 low is broken, the price will drop straight to the 0.07-0.08 range. In plain terms, this rebound is a carefully set trap by the bears, giving retail investors a "flying knife" opportunity. Under this pattern, maintaining a firm bearish stance is the most rational choice.