$BICO Down 15% in 24 hours, this low point smashed out with 4.4 billion in trading volume is the most brutal sentiment stampede I've seen in three months. Around the intraday low of 0.0219, the Fear Index is approaching the 20th percentile of historical extremes, and the funding rate has turned negative — now shorts are paying fuel fees to longs.

I've been watching BICO for three full months. After three panic drops this year, each time the funding rate was deeply negative, it corresponded to an average rebound of over 40%. This time, the 4.4 billion volume is 25% more than the last panic day, but the price did not fall as deep — this is a signal that someone is absorbing the supply.
I opened my first position myself between 0.0223 and 0.0219, controlling the position at a light 3%, with a stop loss at 0.0205. If the funding rate remains in negative territory tonight, this is a classic bear trap. Target is 0.0275. If sentiment continues to deteriorate to around 0.0200, I will increase my position to 5%.
Don't forget, this round of decline is an overall panic dragged down by Bitcoin, not a problem with BICO's fundamentals. When everyone is afraid, profits are often hidden on the other side of fear.
Sentiment turning point = best entry. What you see now is the sentiment freezing point, not the end point. Buy BICO at 0.0219, admit mistake at 0.0205, count money at 0.0275. Follow this on-chain capital flow closely—the reversal signal has already lit up.