$FHE This wave of market movement has some substance.

What happened in the past 24 hours? The short liquidation volume reached $559,800, which is 16 times the long positions. The price jumped directly by 54.18%. A classic short squeeze scenario, where leveraged shorts are liquidated and turn into upward momentum.

The data is here, but the question is:
Should I chase now? Or wait?

The market is already showing FOMO signals, indicating it’s somewhat overheated in the short term. Jumping in at this point could easily catch the peak.

My idea is this—
Don’t chase aggressively at high levels. Wait for the price to digest and pull back to key levels before entering in batches.

Some key support levels: $0.0525, $0.0485, $0.0435. If these hold steady, consider accumulating. Of course, the potential upside after breaking through could be larger; $0.0485 is just a midway station.

In a strong trend, pullbacks are often for a better continuation of the rally.
Chasing after the move once it’s gone is a different approach; getting in during the reversal is another. Which one do you prefer?