$PEPE The violent wash has been completed, this is the real bottom-hunting signal!
From 0.000012 to 0.000010, panic has been created all the way down, but on-chain data tells you: the main force hasn't left, retail investors are cutting losses, and the smart ones are picking up the pieces.
This kind of drop is not an end, it's a wash. When no one is bottom-hunting, that's when you should take action. The decline creates a loosening of chips, and the rise is the real beginning.
After extreme selling, there often comes extreme rebound.