Newly launched cryptocurrencies often follow a pendulum-like trend——the stronger the rise, the sharper the fall. The same applies in reverse; sometimes the rebound from a bottom can be surprisingly fierce😅

In just a few hours, a 4-hour chart is still being drawn, and people start speculating about future directions, which is a bit premature. The signals from the market are not yet complete, so it's better to be patient and wait.

Speaking of this coin's history, many people have a fuzzy memory of the market movement last October. The V-shaped reversal from the bottom, with its large magnitude and rapid speed, was truly astonishing. Looking back now, have those technical signals reappeared? That’s a question worth pondering.

The market is like that; the cycle of history often lies in the details. Short-term fluctuations shouldn’t cause too much worry; the key is whether the price can hold steady at critical levels.