I’m seeing a lot of people say that $CRCL got “killed in valuation” because it ran into a stronger opponent—so how do you identify whether it’s a “valuation kill”?

But if you look from a chart perspective, for any asset that breaks through a level (the white support zone), keep your hands off and wait as much as possible to avoid more losses.
Unless you’ve already set up a DCA plan—then of course you can. But if you go all-in in one shot, it’s easy to get hurt under this kind of structure. In fact, even if the fundamentals are great, it’s not too late to enter after you let the structure recover and look a bit better. #circle