Taking $ONDO as an example to discuss the three-sell structure and Chan Theory's 'Market Trends Must Be Perfect', many people will think that the decline has stopped here at the 200ma on the 4-hour level. If we draw the context, this is just the end of the second sell, and a third sell after a rebound would be in line with 'Market Trends Must Be Perfect'.

Why am I so sure there will be a third sell? The 4-hour chart shows no bottom divergence, and another test is needed for it to be a true 4-hour bottoming structure. Of course, taking a 30-minute rebound trade is not a problem.

The subsequent market trend projection is as shown in the picture, with about 80% probability; let's take a gamble, and if I lose, I’ll post a sexy photo.

When learning Chan Theory, don't just memorize; always consider the comprehensive context.