Brothers, this wave of SATS has really dropped to a new low! It has been falling for 9 consecutive days without any rebound, hitting new lows one after another, and this position has made many bottom-fishing brothers despair. But there is a particularly interesting phenomenon: **large funds are secretly accumulating, while small investors are cutting losses and running away**. Can this market still be played? Let me break it down for you.

### What is the current situation?

1. **Large funds are taking over**: On-chain data shows that recent large transfers are mostly withdrawing coins from exchanges, indicating that whales are accumulating at low prices. But the price just won't rise, clearly suppressing and slowly accumulating.

2. **Small investors are cutting losses**: Small transactions are continuously flowing out, indicating that retail investors' mentality has collapsed and they are all cutting losses in tears.

3. **Contract positions are still very high**: Both long and short positions are holding on, waiting for a directional breakthrough.

### What might happen next?

**Most likely scenario (70% probability)**:

The operators will continue to play tricks, first pushing the price down further to wipe out the last batch of dead bulls. When everyone is in despair, suddenly a big bullish candle will pull up, making the cutting-loss retail investors slap their thighs. The goal may be to drop another 10-15%, hitting absolute panic levels before taking action.

**Second scenario (25% probability)**:

Directly starting a slow bullish climb, but rising a bit every day while falling two points, wearing out all the shorts' confidence. This method is the most torturous, specifically targeting those who like to high sell and low buy.

**Low probability event (5%)**:

Continuing to crash and break levels, which means there’s a problem with the project or operators, and it’s time to run away quickly.

### What should you do now?

- **Spot traders**: If your position is not heavy, you can start building positions in batches now, but make sure to leave enough bullets; who knows where the bottom is. Remember: **definitely do not use leverage**!

- **Contract traders**: It is recommended to hold back; opening positions in this market is just giving money to the operators. If you must play, wait for a volume breakout at key levels before joining.

- **Onlookers**: The smartest choice is to wait for the trend to truly reverse before entering; earning a little less but being safe.

Lastly, to be honest: at this position, **cutting losses is definitely not worthwhile**, but don’t be too aggressive in bottom-fishing. The operators are clearly trying to wash out everyone’s confidence, so we need to be more patient than anyone else. Remember, **the ones who make the most money in a bull market are often those who dare to accumulate in batches when it drops the hardest.**