$龙虾 Has this wave finished? Let me say something that most people don’t dare to.

First, don’t rush in—watch the whole picture.

From the low of 0.0468 to the high of 0.069 in a single day, it nearly doubled. Now it’s retraced back to 0.0635. It looks like it’s up 35%, but if you chased the high, you’re already down about 8% on paper. Does it hurt? Good—this is crypto.

A few key details:

1. Trading volume: 6.3 billion coins; trading value: 370 million U. This isn’t volume that small retail can smash out—there are genuinely big funds moving around inside. But with this kind of volume, the price didn’t hold its previous high; instead, it pulled back—meaning selling pressure was just as fierce. Who is selling? Most likely bottom-lot holders taking profits in batches. Their cost may only be a couple of cents—so doubling and selling at that time is totally reasonable.

2. What’s the market sentiment right now? I’ve scrolled around—everywhere I see “lobster to the moon,” “buy and it’s over.” When everyone is shouting for signals, what do the whales love most? To ride the momentum and distribute. Pumping takes money; dumping only needs liquidity/coins. So when price is chopping sideways at high levels, it’s basically testing how much follower demand is left.

3. This coin is called “Lobster,” and it has a mystical, almost cursed kind of “luck” body. In crypto, people trade names like this aren’t new, but narratives come fast and go fast too. Today it’s lobster, tomorrow it’s pippi shrimp, the day after it’s baby lobster—once the hype fades, liquidity shrinks. By then, looking at the candlestick chart is already too late.

4. Look at the whole picture again. Bitcoin hasn’t moved, and the alts are just hyping themselves. What are the biggest risks for an independent move like this? If the overall market pulls back, it can leak immediately. Lobster isn’t BTC—there’s no “belief/faith” to protect it. Funds are here to make quick money, and they can run faster than anyone else.

So what do we do now?

My stance is very clear: Spot—hold your core position, but don’t go all-in. For perps, in this spot, neither long nor short feels good. Better to wait for a clearer signal: either a breakout with volume above 0.069 and holding it, or a pullback to around 0.058 with reduced volume and stabilization—then you can act.

Don’t be afraid of missing out. Crypto never lacks opportunities—what it lacks is capital.