$$ESPORTS 24 hours from 0.194 down to 0.0359, a 78% drop, with a trading volume of 500 million USD. This is not panic selling at all; it's smart money deliberately shaking out weak hands and causing chaos.

Counterintuitive extreme statement: The people currently bottom-fishing in ESPORTS are not crazy; they are gamblers expecting to make 10 times profit in the next three months. What you see is a junk asset plummeting 78% from a high point; what I see is the market maker clearing out floating positions, with signals that over 30% of the 500 million trading volume is being absorbed by the main players.
The low point of 0.0359 is only 10% below the previous support level of 0.04, indicating that some funds are stubbornly holding the bottom line.
Despite a 78% drop in 24 hours, the trading volume remains high, suggesting that it’s not liquidity exhaustion but a fierce battle between bulls and bears—retail investors are cutting losses, and market makers are accumulating positions.
Don’t believe in the myth that retail investors are bottom-fishing.
Enter at this level with a position size controlled within 5% of your total funds, set a stop-loss below 0.035 at 5%, which is 0.033. If it breaks that, admit defeat and exit; don’t expect a V-shaped reversal.
Take profits in two stages: first target 0.08, doubling the rebound; second target 0.15, provided there are favorable news catalysts afterward.
If the closing price is below 0.038 within three days, it indicates the main players are still unloading; run quickly and don’t hesitate.
Here are some rebuttals for you: Someone might say that a 78% drop must mean it’s going to zero, but aren’t there many examples of A-shares with a market cap of hundreds of billions dropping 90% in a day and then rebounding 300%?
And some say that large trading volume is just market manipulation by the market makers, so why would they do a fake high at 0.19 and then crush it at a low point? The logic doesn’t hold.
Bet in the comment section: Guess whether ESPORTS can break above 0.06 in the next week. Comment “1” if you agree with my short position, “2” if you agree with my long. Let’s see how many dare to bet against this extreme view.
For those willing to challenge, I’ll do a live stream showing the trades.