The trend of 61931906961 is basically similar to SKATE, with an overall rhythm that is very alike.

The current approach is still mainly focused on short selling, especially after a significant rise, which often leads to a rapid decline, a typical spike and drop market.

From the chart, this coin has shown obvious spike phenomena multiple times, indicating that the main players are aggressively washing positions, with both upper and lower shadows being quite long, making it easy to be swept away if one is not careful.

In the face of this situation, it is not advisable to chase positions; it is better to place short orders at high levels.

This coin has a large downside potential; once the spike and drop are confirmed, the opportunity to enter will arise.

Therefore, it is advisable to place a short order at a relatively high position in advance, but always remember to set a slightly wider stop loss, suggesting around 10 points.

Otherwise, if the spike sweeps you out and then continues to drop, you will have been washed out for no reason.

We will just have to see how it moves next; as long as the pattern breaks down and the trend weakens, just hold on to the momentum.