The news of the previous round of OKB burn has indeed triggered a strong surge, rising from the initial $45 to $258, which is nearly a sixfold increase and quite impressive.

But I must tell everyone, the good times are over. With mainstream cryptocurrencies experiencing high-level sell-offs, it's almost impossible for OKB to surge again, especially since its circulating supply is fixed at 21 million, which limits its development. The first burn-induced surge was expected, but after that, the significant drop essentially relegates it to a forgotten coin.

In my opinion, the pullback is still not enough, and the short-term rebound to 177-180 should continue to be sold off, with a short-term target of 150; $BTC $ETH