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The current situation of this coin is actually quite interesting. A large number of retail investors hold spot holdings, and community engagement is also quite high, but to truly kickstart the market, a thorough shakeout is necessary—otherwise, how can the market stand up?
Therefore, the upcoming sell-off is inevitable. The purpose is very straightforward: to test your mentality. If you really believe in this project, then this price level is actually an opportunity to add positions. Buy some spot holdings and be patient.
My judgment is that after enough long-term oscillation and accumulation, this coin is very likely to break through and reach a price above $1. The key is whether you can maintain your mindset and withstand the shakeout period.