#LTC From the recent rally starting from New Year's Day, the snack (spicy strips) has shown relatively weak performance, peaking at 84 before declining steadily. Recently, it has broken below the lower boundary of the consolidation zone around 75, reaching a low of 69.3. This downward trend breaking through the consolidation zone raises concerns: is this a market shakeout?

First, let's analyze the recent price movement. After reaching a resistance level near 84 on January 5th, the price remained in consolidation until the 6th, then began a continuous decline starting on the 7th, falling all the way to the strong support level at 80. After breaking below this level on the 11th, it continued to drop, and by yesterday (the 15th), it had pierced through the strong support at 75, plunging sharply. Currently, it is rebounding toward the previous low of 72.6. In fact, when comparing with the broader market trend, the snack (spicy strips) has been extremely weak—almost moving in the opposite direction of the overall market. Given this situation, what will happen next? How should one proceed?

For such a weak market trend, going long to catch a bottom is clearly unwise. Yet, isn't this also an opportunity? As long as we treat the current movement as a shakeout, it's all about probability. But how should we proceed? How to build a position? When to stop-loss? Where to aim? These are all worth considering.

First, the key level is the previous low at 72.6. Only when the price returns above this level does an upward move become possible. Under a risk-averse premise, divide the capital into three parts and buy within the range from the 1011 event low of 51.6 to 72.6. This range spans 21 points, representing a broad and relatively high-risk zone. Even if we lose 100%, the loss could reach 2100U.

Based on this, the following plan is set: divide the capital into three parts and buy one part at each of the 71, 65, and 60 levels, with a stop-loss at 50.9. Of course, it's not just about waiting passively at these levels; we need to observe whether a consolidation zone forms. The breakout or breakdown of this consolidation zone will be the key. These three portions are for buying spot assets. Once the consolidation zone forms and breaks out, start trading in coin-denominated positions, targeting 80, 84, and 87, with staggered profit-taking. The plan will evolve gradually; we just set a rough outline to have a mental anchor.

Just leave it like this, the weekend is coming, take good rest.

The drop on January 15th had both price and volume, with a clear lower shadow, suspecting it might be a shakeout. We'll confirm whether this is a stop or a selling climax by observing the subsequent trend.