That CRCL plunge shattered my illusion that it could hold above 70. Just days ago, it was meandering around 75, but last night, without so much as a warning, it dropped with a massive bearish candle, smashing through the floor and plunging straight to 65. I stared at the screen as the price cascaded downward, my palms slick with sweat—all I could think was: Thank goodness I didn’t try to catch that falling knife. So what happened next? After the drop, it’s taken a brief breath—now trading at 68.46, with today’s loss narrowed to just 0.98%. But look up, and you’ll see a thick wall of resistance at 72 and 75, packed with trapped holders. Honestly, I’m a little shaken. I thought it was strong—thought it could hold. But when it breaks down, it’s utterly ruthless, wiping out all the gains from the past two weeks in a single day. My current mindset? I won’t try to catch the bottom—I’m afraid of grabbing it halfway down. And I won’t gamble on a rebound—I’m terrified it’s just a trap to lure buyers in. This kind of cliff-like collapse makes everyone try to guess the bottom. I don’t hold any of this, so today I’m just watching from the shore. Did you catch the falling knife below 65? Or are you, like me, just staring helplessly at this waterfall? #Circle $CRCL
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