Yesterday, I decided to sell all my CHZ holdings.

The reason is quite simple—too many people are rushing in. Recently, looking at this coin's price chart, the more I analyze, the more it reminds me of the late consolidation phase of DOGE a few years ago around 0.4. Back then, it was the same—lots of people piling in, eventually leading to a high-level dump.

Rather than holding on and not letting go, it's better to take profits in time. After all, no one can accurately predict when the tide will turn. Waiting until that moment to realize you're in a naked swim is too late.

Following this logic, CHZ is very likely to repeat DOGE's script from back then. First, it would surge down to around 0.01, shaking out all retail investors' confidence. Then, a rebound would follow, pushing from 0.01 to about 0.03, fully harvesting emotional and speculative funds. This cycle would help the market reach a true equilibrium.

Honestly, only a very small number of people can profit from such cycles. The market logic has always been counterintuitive—most people's instincts are often wrong.

Of course, I might be overthinking it. Anyway, this wave of a few points of profit is already firmly in my hands.

If my scenario plays out as I expect, buying in again at around 0.01 would clarify the risk-reward ratio. At that point, I will likely pay more attention again.

Everyone's trading logic is different; this is just my thought process.