To be honest, these past few days looking at the market of $MERL , I can't help but sigh. It feels like watching a drowning person desperately trying to lift their head above water to breathe, only to be violently pushed down by a big wave each time they surface. Let's review the trend of the past few weeks; that sense of "powerlessness" is really specific. The bulls have made efforts, three times in total, gathering all their forces to attack the $0.5 hill, but what was the result? Each time they returned empty-handed. In trading psychology, this kind of continuous failure is the most demoralizing. Just think about it, if it were you, and you failed the first time, you'd think it was an adjustment; if you failed the second time, you'd think it was a shakeout; by the third time, being hit on the head by sell orders there, would you still confidently say, "Next time will definitely work"? The likelihood is you would have wanted to run away long ago. Now, the $0.5 is not just an ordinary resistance level; it has become a spell in the hearts of the bulls, an invisible yet tangible iron gate.
What keeps me awake even more is the upcoming "big day" in the next few days. I see many people still encouraging each other in the community, saying things like "unlocking doesn't necessarily mean crashing the market". Come on, let's not deceive ourselves, okay? Let's clear the accounts: this is a concentrated unlocking of 70 million pieces of $MERL , and it's being released intensively over just a few days. You have to know that the OTC investors holding these coins have costs that would make you envious. The current market price might be a "deep trap" for you, but for them, it's "huge profits". In an environment where even Bitcoin is retracing and everyone is racing to see who can run faster, do you expect these people who are making a fortune to be "long-termists"? Don't joke around. Their only thought right now is absolutely "to cash out". Even if the price drops a little more, they still make a profit, so they won't feel heartbroken when they crash the market.

