#COW

For Buyers: The current situation indicates caution. It may be wise to wait for:

A clear sign of price stabilization or a reversal of the current decline (for example, the formation of larger green candles).

For the price to find strong support (perhaps around the lower range of the Bollinger Bands or previous support levels) before considering entry.

For the buying side to strengthen in the order book.

For Sellers: Those who bought at lower prices may look to take profits. A thick sell wall above the current price could be an opportunity for short-term traders to enter sell positions if they expect further decline, but this entails higher risks in a volatile market.

Risk Management: Due to recent volatility, employing strict risk management strategies (such as setting stop-loss orders, determining appropriate position size) is critical for both buyers and sellers. Traders should monitor changes in the order book, especially the balance between buying and selling pressure, and watch key technical indicators for clearer signals.

Overall, the COW/USDT pair is going through a very active and somewhat unpredictable phase. While the overall trend over 24 hours is bullish, the immediate price action suggests a period of correction or consolidation.