This coin's performance is indeed frustrating. The market capitalization has already dropped to the tens of millions level, and if this trend continues, it’s a bit worrying.

To be honest, for small-cap coins like this, you don't need to worry too much about technical analysis; mainly focus on market sentiment. Recently, it’s been obvious that those coins with hype are all draining liquidity, with funds flowing into the privacy sector. When the privacy concept wave subsides and the sector adjusts, there’s a chance of reallocation.

Currently, market liquidity is already fragile, and funds prefer to cluster. Under this rotation logic, small-cap coins are easily marginalized. You have to wait for the next hot trend to come around to have a chance.