Recently tracked the price performance of the Light project, and from a technical perspective, there is indeed still room for a fall. Although the Token has dropped from its historical high to 1 dollar, which is a significant decline, this may just be a prelude. Based on current on-chain data and volume analysis, there is a high possibility of continuing to test the bottom at 0.5 dollars, and the market adjustment is far from over. Holders need to prepare psychologically, as there are no clear signs of a rebound in the short term.
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Recently tracked the price performance of the Light project, and from a technical perspective, there is indeed still room for a fall. Although the Token has dropped from its historical high to 1 dollar, which is a significant decline, this may just be a prelude. Based on current on-chain data and volume analysis, there is a high possibility of continuing to test the bottom at 0.5 dollars, and the market adjustment is far from over. Holders need to prepare psychologically, as there are no clear signs of a rebound in the short term.