LUMIA's trend reveals a lot of information. From the K-line, it first clearly broke below the consolidation range, followed by a weak rebound, with trading volume not catching up, and it fell back into consolidation at the new low—these signs all point to one question: how strong is the selling pressure?

The key now is to determine whether this is truly the bottom or just a temporary breather. From a technical perspective, it may continue downward, initially around the $0.118 level.

The core logic of trading is actually quite simple: follow the trend, rather than wait until it reverses and regret. As long as the downward momentum persists, don’t think about bottom fishing.