ZEREBRO's recent trend can be described as a "cliff dive"—dropping straight from a high of $0.03596, breaking through one support level after another, finally stopping around $0.01800. Although there was a rebound to $0.02026 later, this represents a 37.33% decline within the day. The 24-hour trading volume surged to 63.97 million USDT, with a total of 2.609 billion tokens traded. Despite the decline, trading volume continues to grow, indicating that? Large funds are rushing to exit at high levels, and the previous rally has been completely invalidated.

From a longer-term perspective, a 7-day decline of 27.85% and a 30-day decline of 31.83% clearly show a medium-term downward trend has formed. The current question is: should we bottom fish?

My advice is straightforward—don’t rush. If you insist on trying for a rebound, wait until it rebounds to the $0.02100-$0.02200 range, then use a very small position to test the waters. The key is to wait until the price truly stabilizes above the recent resistance level before considering a proper long position. Otherwise, you risk getting hammered.

For shorting, the first profit target is set at $0.02000, the second at $0.01900. If the downward momentum remains fierce, $0.01800 is also possible. As for stop-loss, set it at $0.02200—once this level is broken, a short-term reversal in the downtrend is highly likely.

Overall, this sharp decline is mainly a release of profit-taking. Currently, long positions carry too much risk, and you must wait for clear signs of stabilization before entering. Shorts should not chase blindly; the safest approach is to open positions when the rebound hits resistance levels, which increases the chances of capturing subsequent downward profits. As long as the $0.02200 line holds, the bearish outlook remains valid.