$PNUT

From the data perspective, Squirrel has made two moves during this period.

1. Elevated to the upper part of the range around 0.8, allowing retail investors to FOMO into the market, then slowly began to close long positions.

2. During the process of closing long positions, after following the market rebound without breaking new highs, short positions entered.

I have actually said many times to take action when there’s a rebound, but at that time it was so strong that probably not many people had this idea. We are easily influenced by the market dynamics, and I have also doubted whether I sold too early. But trading is like this; there are no guarantees. The real bull market has probably not arrived yet. Don’t get knocked out halfway; keep moving forward!

Now from the data perspective, the bulls have also surrendered. Let’s see if the previous low support can hold up.