Pheton Holdings' 15min chart shows KDJ Death Cross and Bearish Marubozu pattern.

Based on Pheton Holdings's 15-minute chart, a KDJ Death Cross and Bearish Marubozu were observed on August 11, 2025 at 14:00. This indicates that the momentum of the stock price is trending downwards, with a potential for further decline. Sellers are currently dominating the market, and the bearish momentum is likely to persist.

Pheton Holdings (PTHL) has recently been the subject of a significant stock manipulation scheme, as detailed by The Bear Cave [1]. The investigation revealed a coordinated effort to inflate the stock price through false rumors of a partnership with Gilead Sciences. This scheme led to a dramatic 95% intraday stock drop following the collapse of the manipulated narrative. The Bear Cave's crowdsourced database, StopNasdaqChinaFraud.com, aims to track and expose such schemes in real-time, providing regulators with a clearer path to intervention [1].

Technical analysis of Pheton Holdings' stock price indicates a bearish trend. On August 11, 2025, at 14:00, a KDJ Death Cross and Bearish Marubozu were observed on the 15-minute chart, suggesting a downward momentum and potential for further decline [2]. The presence of these indicators signals that sellers are currently dominating the market, and the bearish momentum is likely to persist. This technical analysis aligns with the broader trend of stock manipulation schemes, where scammers often exploit market sentiment to their advantage.

The Bear Cave's investigation highlights the sophisticated methods employed by stock manipulation groups, including the use of fictitious financial firms and the distribution of misleading information across multiple platforms, primarily WhatsApp. These groups often operate under the guise of legitimate asset management firms, using tactics such as offering free portfolio reviews and sharing market insights to build trust with investors [1].

The stock manipulation groups are highly lucrative, with scammers reportedly making over $480 million from a single pump-and-dump scheme on China Liberal Education Holdings (NASDAQ: CLEU) earlier this year [1]. The total annual revenue from these illicit activities is likely approaching tens of billions, financing a vast fraud machine that includes the constant refresh of deceitful brands, hundreds of WhatsApp groups, and personalized chats with victims [1].

To combat these schemes, The Bear Cave has launched an open searchable database, StopNasdaqChinaFraud.com, where anyone can share screenshots from these stock manipulation groups. The database aims to provide a near real-time look into which stocks are being manipulated, the promotion tactics, and the contact details and branding used by the scammers [1].

Investors should exercise caution when considering investments in stocks with a history of manipulation schemes. Technical indicators such as the KDJ Death Cross and Bearish Marubozu can provide valuable insights into the market's sentiment and potential future trends. However, it is essential to remain vigilant against the sophisticated tactics employed by stock manipulation groups.

References:
[1] https://thebearcave.substack.com/p/problems-in-chinatown-part-2
[2] (Provided technical analysis data)