Just saw this $US candlestick—-30.86% literally shot me off the chair. At 0.021378, the short-term capital is basically stampeding for exit. The $67.5M trading volume shows there really are plenty of stop-loss cut positions.
Let me tell you one of the most common psychological traps during a crash—always thinking “to catch the falling knife.” When you see a 30% drop you get itchy to jump in, thinking it’s already dropped enough, then you ignore that liquidity itself is shrinking. $US got hammered down from 0.032689, with almost no meaningful rebound in between. That means the bears didn’t really meet resistance. Bottom-fishing in a structure like this is no different from trying to catch a kitchen knife with your bare hands.
My stance is very straightforward: if it drops to around 0.020028 and volume shows a stop to the selloff, then it’s worth taking a look. With this one-way, bearish drift lower, the biggest fear is “thinking it’s cheap,” then buying more and more and getting trapped. Don’t comfort yourself with your average cost— the market doesn’t care about your average price; it only cares whether the direction is right.
Let me tell you one of the most common psychological traps during a crash—always thinking “to catch the falling knife.” When you see a 30% drop you get itchy to jump in, thinking it’s already dropped enough, then you ignore that liquidity itself is shrinking. $US got hammered down from 0.032689, with almost no meaningful rebound in between. That means the bears didn’t really meet resistance. Bottom-fishing in a structure like this is no different from trying to catch a kitchen knife with your bare hands.
My stance is very straightforward: if it drops to around 0.020028 and volume shows a stop to the selloff, then it’s worth taking a look. With this one-way, bearish drift lower, the biggest fear is “thinking it’s cheap,” then buying more and more and getting trapped. Don’t comfort yourself with your average cost— the market doesn’t care about your average price; it only cares whether the direction is right.