Looking at the recent decline of $KAITO , the rebound strength is limited, and it's mostly a game of short sellers stopping losses behind the scenes.

Honestly, I really can't understand the fundamental logic of this project right now. The market previously gave it an unreasonable overvaluation, and the current adjustment process is just moving towards a "reasonable range." Whether from the perspective of chip distribution or the project's attitude, there is no obvious intention to pump the price—everyone knows well that continuing to sell off is the main theme at the moment.

The pressure from external market chips is indeed significant, and the project team seems to have no interest in giving retail investors a "ride." Under this situation, all we can do is sigh. The harsh reality of the market is that overvaluation ultimately comes at a cost.