$CHZ The recent dip has caused a large number of retail investors to panic sell. Is the World Cup truly hopeless now???

Honestly, this drop isn't really due to a project problem; it seems more like the market is indiscriminately shifting blame.
Recently, the overall market has been in a state of fluctuation, with many funds directly liquidating and fleeing to avoid risk. Coins like CHZ, which have narratives but haven't experienced a short-term surge, naturally become the "preferred liquidation targets."
Plus, after the recent rally, many short-term funds have already made a profit and are now dumping their holdings and fleeing amid market instability. Many people see the price drop and follow suit by cutting losses, causing the sell-off to accelerate and creating panic selling.
Currently, the hourly chart has broken below the MA30 and MA60 moving averages, triggering many stop-loss orders. The support zone between 0.045 and 0.048 has been broken, and the bulls' confidence is on the brink of collapse, while the bears are taking the opportunity to add fuel to the fire.
Most retail investors are now in a panic mindset. When the news of the chain upgrade just came out, many people thought "good news is bad news," and instead of understanding what the upgrade really means, they cashed out and ran.
Those who understand know what’s going on. No need to say more. Follow us for the next update: what should CHZ do next?? Is this dip a chance to run or an opportunity to buy the dip and prepare for takeoff?