Technical analysis by aequanimitas about Symbol BTC: Sell recommendation (9/23/2025)

A parachute is a device designed to slow an object's descent through an atmosphere by creating drag or aerodynamic lift. It is primarily used to safely support people exiting aircraft at height, but also serves various purposes like slowing cargo, aiding in space capsule recovery on Earth, landing spacecraft on other planets, and stabilizing vehicles or objects. Modern parachutes are typically made from durable fabrics like nylon and come in various shapes, such as dome-shaped, rectangular, and inverted domes, depending on their specific function.