After this sweep, then the pump—this has been way too obvious. $EIGEN just shook a lot of people out; as a result, longs held from 0.2145 all the way up to 0.2364, and now ROE is already +492.03%. This is the classic wash-and-run pattern.

When the selling first hit, the chart looked vicious, but I was watching whether the lower level would be lost consecutively. What really caught my attention was that after the wick, the price was recovered very quickly—sell walls didn’t keep growing; instead, the buy orders sitting above started getting consumed layer by layer.

A lot of people, when they see a sudden drop, only panic and assume something is going wrong, but this was already not right. If it were genuinely weak, the price wouldn’t snap back this fast, nor would it reclaim the launch zone. To put it plainly: the bears pushed hard but didn’t break through—so later the bulls have a chance to take over the pace.

Now that +492.03% has been realized, the market has released room nicely. If you have a position, don’t just stare at the excitement—handling 70/30 in batches feels better. For the rest, set a protective stop to lock in profits, so a good trade doesn’t turn into an emotional one.

If you didn’t catch it, don’t chase—wait for the next pullback to get your entry.

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