The letter you wrote yourself?

On December 14, 2024, at 22:53, pay attention to the PnUT variety. This variety was once mentioned by Musk, and many people are very interested in the news. In my view, the market makers for this variety are quite ruthless. Since the high point of the consolidation that started on November 23, it has been fluctuating at a high level until December 8. After a long period of consolidation and upward movement at the 4-hour level, the price directly reached around 0.9306, near the white line. The subsequent rebound did not break the high point and returned to the mid-axis of the consolidation area. For those currently holding positions, if the market rebounds but does not break above the 1.20 level, it is possible that the market will continue to break down. There is a chance that it could drop to the next level around 0.5512, which would mean this variety is likely to fail. The decline could reach around 50%, of course, on the condition that the daily level bottom is broken, which could lead to a return to the second level. Therefore, if today the market can really show a major trend during the rebound process, it must break the previous high of 1.3978 on the 4-hour chart for the upward trend to start; otherwise, the market will continue to consolidate and fluctuate for a long time in this range. So, for us retail investors, making money on this variety is really very difficult on a short-term basis, and it is also very unpredictable. Therefore, it is not recommended to place limit orders as a trading strategy. It is best to operate based on real market conditions; this way, the risks can be significantly reduced.