$$LAB 24-hour drop of 77%, from 6.95 to 1.39, with trading volume of 1.7 billion — this is not a wash, it's a stampede. According to @CoinDesk报道, on-chain data shows that the main LAB address sold 3.5 million tokens collectively after the price broke below 3.0, coupled with market maker order cancellations triggering cascading liquidations. Direct translation: The whale dumped and offloaded, retail panic stop-losses, and stop-loss orders crushed liquidity. Currently there are stubborn buy orders near 1.39, but resistance for a rebound is at 1.8-2.0. If it doesn't hold here, next stop is 0.8. Suggestion: Light short at current price, stop loss 1.55, take profit 1.0, position size no more than 1%. Add to short on a rebound to 1.7. Has the news been priced in? The on-chain dump just ended, panic selling is still being released, it's not over yet.