It is necessary to completely remove the BREV project from the watchlist. Regardless of future trends, a series of signs exhibited by this project are already enough to be alarming.

The project team’s content operation strategy is worth careful scrutiny. The published copy lacks substantive information and is full of routine expressions. The real peculiarity lies in the timing of the releases—each important announcement hits at just the right moment, almost precisely aligning with the points where the coin price is about to drop. When a piece of information is released, the price immediately plunges. This coincidence happening once or twice might be luck, but if it occurs frequently, it warrants deep reflection.

Looking at the technical aspect, the decline from the historical high has exceeded 50%, and there has been no significant rebound for a long time. The order book data is even more intriguing—large short positions are concentrated in a few addresses, employing a tactic of first pushing the price up to create a false breakout, attracting retail investors, then directly dumping the coins. The logical chain is so clear that it’s uncomfortable to watch.

The activity data of trading is also suspicious. Although the depth appears abundant and the trading volume seems prosperous on the surface, careful analysis reveals signs of wash trading. Through bots executing fake orders and artificially increasing depth, a false image of active trading is artificially created. The purpose of this tactic is very clear—using false prosperity to attract new funds to enter and buy in.

Such schemes are already quite mature in the market. Precise timing, coordinated wash trading, fake trading volume, fake rises to lure investors, followed by sudden dumps—all parts work together with remarkable coordination. Retail investors need to stay alert and remain rational.