$MERL The trend in recent days, to put it bluntly, is — the more you look, the more dangerous it becomes 😮‍💨

The key position that can truly decide life and death is actually at 0.2 USD ⚠️

Don't be fooled by a few pathetic small bullish lines 📉✨

The current structure can be summed up in one sentence: very weak, and getting weaker.

• Volume increases above yet cannot push ➜ It seems the bulls have been hollowed out, and can't be pushed up 😵

• Death cross of moving averages is lined up ➜ Above are all deeply trapped chips, no one is willing to take over 🧱

• Project side supply continues to increase ➜ Selling pressure is indeed piling up 💣

Is the current slow grind down?

That is just a 'warm-up' 🍽️

The real panic selling, once it ignites emotions, will be so fast that it won't give people time to blink ⚡

What truly makes funds willing to come back is not at the current price, but in the range around 0.2 where everyone admits defeat, the 'extreme panic zone'.

Only when it falls there, with emotions thoroughly cleaned, will outside funds begin to watch and prepare to get in 😓➡️🧘

So, in the short term, don't get itchy fingers to catch a falling knife 🔪😵

The safest and most guilt-free strategy right now is — wait, wait until after the real slaughter before taking action.

If you rush in now, you'll really become 'the one who catches the last baton'.