- Many entered at the peak of FOMO.

- Now the big participants are taking profits.

- Newcomers are holding their positions, thinking that there will be more momentum.

Summary:

- The dangerous phase is the zone of distribution or accumulation.

- If you are inside the position, think about a partial fix or trailing stop.

- If you are outside, it is better to wait for a breakout of $0.000646 or a pullback to $0.000573 / $0.000508.

- You need to trade with a cool head - FOMO has already been exhausted.