I have整理了下 $MERL 近期的基本面， honestly, at this point in time, it's not very suitable to rush into a bottom. It's not that the project itself has issues; the key is that the overall environment still exerts some pressure on this coin's price movement.

In the short term, the risk is high and the returns are uncertain. Jumping in now could easily lead to pitfalls. A more rational approach would be to be patient and wait to see if clearer reversal signals appear. Sometimes, the most testing of patience occurs during these times — when everyone is shouting to buy the dip, it's actually important to stay calm.

Wait until the price reaches a clear technical support level or there are substantial positive developments in the fundamentals before taking action. That is a more prudent approach.