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$PI The traffic value of HaoPai is not about blindly following without thinking; even though there is a downward trend, in the near future, you can buy spot assets at a lower price. Some pioneers are now rushing in to stockpile to prove their faith, which is not advisable.
Price is actually the result of a contest between bulls and bears. Currently, the bears are dominant, and it has not yet entered a phase where both sides are in a continuous sideways stalemate and need to choose a direction. The bottom range is a zone, not something that can be broken out of in a day; it’s a price consensus formed by both sides.
Be cautious when entering; the timing is not right yet, and we need to wait! I believe there are still a lot of funds waiting to buy the dip, which can be seen from the open orders on the surface.