$PROM, oh my god, that cut is brutal.
Current price around 5.25
In the past 24h, it’s down about 9.8%, with trading volume somewhat weak
Analysis: The market isn’t panicking right now—it’s numbed. The order book gets smashed down, not many are taking the bids, and not many are shouting either. It’s like someone pressed mute. If your mindset follows the slow bleed lower and you just keep watching, getting more and more annoyed, then you’ve basically walked right into the grinding trap. From 5.18 to 6.07, the price can swing up and down by about a dollar quickly. Short-term capital exits fast, while everyone else is waiting for a clear “stop” signal. Volume being weak suggests the selling pressure hasn’t fully flushed out yet, but don’t scare yourself either. After this cut, first see whether it can hold steady near 5.25—if it can’t, then we can talk about other possibilities. In any case, if you’re still brave enough to keep staring at the screen, it means you still have some confidence. If you’ve already cut out and gone scrolling videos, then even better—no big deal.
Are you still able to sit tight now?
Current price around 5.25
In the past 24h, it’s down about 9.8%, with trading volume somewhat weak
Analysis: The market isn’t panicking right now—it’s numbed. The order book gets smashed down, not many are taking the bids, and not many are shouting either. It’s like someone pressed mute. If your mindset follows the slow bleed lower and you just keep watching, getting more and more annoyed, then you’ve basically walked right into the grinding trap. From 5.18 to 6.07, the price can swing up and down by about a dollar quickly. Short-term capital exits fast, while everyone else is waiting for a clear “stop” signal. Volume being weak suggests the selling pressure hasn’t fully flushed out yet, but don’t scare yourself either. After this cut, first see whether it can hold steady near 5.25—if it can’t, then we can talk about other possibilities. In any case, if you’re still brave enough to keep staring at the screen, it means you still have some confidence. If you’ve already cut out and gone scrolling videos, then even better—no big deal.
Are you still able to sit tight now?
