$INIT I chased in at $0.19 and didn’t sell at $0.29; now I’m sitting at 0.228 taking a beating. The 24h high was 0.303 and the low was 0.159, with the range nearly doubling; trading volume was 1.2 billion—that turnover rate clearly points to a sentiment-driven market, not a trend-driven one. I reviewed the last bull market: in weeks 5–7 after the halving, altcoins collectively saw sharp wick-down shakeouts, just like today’s upper wick on $INIT: a 21% pump to attract chasers, then a pullback to confirm support. There’s just one lesson: on a high-volume wick day like this, I’d rather wait for a pullback to 0.20–0.21 to confirm support before entering; don’t chase above 0.25. If you’re holding now, put your stop-loss at 0.195 (a break below the previous low would invalidate the structure), and take profits in two tranches at 0.28 and 0.30; keep your position size under 30%. If you’re out, wait for a low-volume pullback near 0.21 to enter. My rule is right here: only buy pullbacks, don’t chase highs. History doesn’t repeat itself exactly, but it rhymes. #每周来晒 #Gate广场中秋团圆局