Even in hindsight, I don't believe that my prior evidence was necessarily correct, at least there was a significant element of luck involved. But the process is quite interesting. Let me share it with you as a story to watch ～ I don't know much about what DOLO itself does, and this time the price drop and position increase mainly depend on the factors of the previous purchase, pure technical inference, and market sentiment. The following is the complete outline: Before DOLO launched Binance spot trading, someone posted that their joint venture Corey Caplan was an advisor to WLFI and believed it was a big positive, so they quickly increased their position and bought. So, I paid attention to this coin. Because I think the multiple has already increased significantly, which was considered a short-term high at the time, so I haven't chased after it yet. However, I saw many people carrying sedan chairs up. Later, when Binance Spot was launched, I saw news that Corey Caplan was no longer an advisor to WLFI and had become a CTO. But the coin price has been falling all the time, and at this time, there is news in the market that the project's affiliated address has transferred a large amount of coins to Binance. Because the price has been falling, it is believed that the project's grid is very poor and they have been shipping. Short term on chain multiples are relatively high, and there are dual benefits (advisor ➤ CTO+launch of Binance spot). At this time, liquidity is definitely very good, especially suitable for shipment. But the market value is not high, and Lianchuang has just announced that it is the CTO of WLFI (at that time, I was not sure if it was just described this way when I saw the news), so I tend to use this as a way to wash the market for shipments, not just for shipments. In fact, it is difficult to determine whether to ship or not. It is unclear whether it is a shipment or a deceptive tactic to clear the market, or whether it is due to the early placement of empty orders (Binance first entered the contract), resulting in double profits. At this point, I saw that I had almost reached the front support level and began to intervene. After buying, it fell a portion, then rebounded and continued to build a bottom (short-term bottom), and then directly rose. Luck is really good, there will be a short-term high again later. When it fell to this support level again, I bought again, constrained by WLFI (after all, it is also a peer), and continued to decline. The question at this point is whether to stop loss, continue to take or increase positions? WLFI barely has a support level, the lowest point of the first decline, but it cannot be used as a reference. DOLO had a support level in August where there was an upward trend and a retracement. I believe this level can serve as a support level, combined with the factors of the first purchase, so I made a positive pyramid order to buy. If it's wrong, I will stop it. Fortunately, I got it right! Why is it lucky? Because WLFI blacklisted many addresses and reduced shipments from others (they must have shipped a lot themselves), the market stopped falling and rebounded, and their peers also began to recover But this time I think it's average because buying WLFI would yield better returns. The summary is game reflexivity combined with good luck