#美联储回购协议计划 $FLOCK this round of decline, to put it simply, is due to structural issues. I opened a short position at 0.117, and later around 0.1065, I completely closed out and exited the market, resulting in a 2x profit from the entire operation. Why am I so confident? The logic is actually quite straightforward.

Looking at the candlestick trend, the previous rally was indeed rapid, but the problem is—higher highs are getting higher, yet the trading volume has shrunk. This "rising price with decreasing volume" situation indicates that new funds are starting to hesitate, and large investors are no longer willing to keep pouring money in. Above the 0.12 line, I observed several attempts to push higher but failed to break through, repeatedly getting resisted, forming a classic double top. How strong is the selling pressure above? Once the support level is lost, the drop can accelerate at an alarming speed.

Also, looking at the short-term moving averages, they have already started to turn downward. After the price breaks through a key support, there is usually a rebound for confirmation, but this time there was none—only weak sideways movement, which clearly indicates a bearish continuation pattern. The bears have taken control. Plus, the entire market is now in a cautious mode; everyone wants to lock in profits, so $FLOCK naturally becomes a target for selling.

If you are still struggling with which coin to buy or are upset about missing out or being trapped, instead of pondering on your own, it’s better to first solidify your basic technical analysis skills.