$GRASS is now at 0.805, with an ATH of 3.89. That -79% figure can quietly reshape a lot of people’s decisions: holders use it as a reason to think there’s still fourfold upside, while those sitting on the sidelines take it as evidence that there’s a wall of bagholders overhead. Same anchor, two different conclusions.

What actually happened in the market is that the price climbed from 0.33 to 0.80 in 30 days, up 143%. Volume of 123 million on September 30 pushed the price to 0.765; over the following two weeks, it retraced to around 0.60. Yesterday, another 82 million in volume drove it to 0.885 before it pulled back. This isn’t a one-way rally—there’s been a change of hands at higher prices, but the price hasn’t collapsed afterward.

What matters more to me is the gap between a 16% gain over 7 days and a 143% gain over 30 days—it suggests the main rally is already over, and we’re now in a phase of disagreement. The defining feature of this phase is that people buying in are betting on a second wave, while those waiting are betting on a confirmed pullback. The cost of taking on risk early is that if the pullback low around 0.60 breaks, you have to accept the loss.

The risk is hidden in the ATH anchor itself. Being far below the high doesn’t mean it’s cheap; a $562M market cap isn’t exactly undervalued for #111 ’s position. If volume falls below 30 million while the price holds steady, that probably means buying support is weakening.

So here’s the question for you: in the 0.60–0.70 range, would you rather get in early and set a stop-loss, or wait for a breakout above 0.89 on rising volume before following? Either path can work. The mistake is acting before you’ve thought it through.