#BILL Date: 10.6 Dong Ge’s Short-Term Trading Code
Ticker: BILL
Review: This was a defensive entry made ahead of time. Given the current situation, its main advantages can be summarized as follows:
1. The price has already pulled back sharply from its all-time high (around 0.23), dropping nearly 90%–95%. Around 0.01 is deep retracement territory.
Entering at this level offers a relatively favorable risk-reward ratio, with limited downside and greater upside potential.
2. Better value for money. If the price continues to drift down to 0.01, it means that most of the froth has already been wiped out since the high.
Building a position at this point means a lower cost basis. Even if the subsequent rebound is modest, the path to breaking even and making a profit is more comfortable than buying in at a high price.
3. The holder base may improve. After a prolonged decline and turnover, selling pressure from underwater holders has eased, and many remaining holders either have a low cost basis or are willing to hold long term.
If capital flows back in or sentiment improves, buyers at lower levels may be better positioned to drive a rebound.
4. The project still has a supporting narrative. BILL is in the ZK identity / AI identity sector, which has a degree of long-term narrative potential (decentralized identity verification).
Although interest is currently low, the sector itself is still around. Building a position at low levels is essentially a chance to bet on the narrative returning at a lower cost.
Ticker: BILL
Review: This was a defensive entry made ahead of time. Given the current situation, its main advantages can be summarized as follows:
1. The price has already pulled back sharply from its all-time high (around 0.23), dropping nearly 90%–95%. Around 0.01 is deep retracement territory.
Entering at this level offers a relatively favorable risk-reward ratio, with limited downside and greater upside potential.
2. Better value for money. If the price continues to drift down to 0.01, it means that most of the froth has already been wiped out since the high.
Building a position at this point means a lower cost basis. Even if the subsequent rebound is modest, the path to breaking even and making a profit is more comfortable than buying in at a high price.
3. The holder base may improve. After a prolonged decline and turnover, selling pressure from underwater holders has eased, and many remaining holders either have a low cost basis or are willing to hold long term.
If capital flows back in or sentiment improves, buyers at lower levels may be better positioned to drive a rebound.
4. The project still has a supporting narrative. BILL is in the ZK identity / AI identity sector, which has a degree of long-term narrative potential (decentralized identity verification).
Although interest is currently low, the sector itself is still around. Building a position at low levels is essentially a chance to bet on the narrative returning at a lower cost.
