$LIGHT this wave of movement is quite interesting. The spot price dropped from a low of 378 to 47 and then started to rebound, with many people taking the opportunity to enter. But to be honest, many people have a misconception about bottom fishing — they always want to precisely catch the absolute bottom, which is basically unrealistic.



Actually, bottom fishing is a vague process. Instead of obsessing over where the lowest point is, it's better to build positions gradually during significant declines. The 47 level does look attractive in terms of retracement, but more importantly, whether you can accept the range-bound fluctuations and your psychological resilience afterward.

Looking at it from another perspective, being able to confidently enter during panic is much more practical than precisely predicting the bottom. $LIGHT's recent performance is a good example — the decline was deep, but the rebound was strong, giving patience the opportunity. The key is to be patient and rational.
LIGHT-14,43%
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BrokenYieldvip
· 12-28 20:29
lmao people really think they can time the exact bottom like it's some kinda magic number. news flash: you can't. that 87% drawdown is textbook "smart money accumulation zone" but half these retail traders will panic sell at 50 anyway. patience isn't their strong suit ngl
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GoldDiggerDuckvip
· 12-28 19:36
378 dropped to 47, this kind of drop really tests mental resilience... averaging down in batches is indeed a reliable strategy. Precise bottom? Dream on, this kind of thing is as unreliable as weather forecasts. The rebound at 47 is pretty good, but the key is to withstand the subsequent fluctuations. Basically, those with courage make money, while people who watch K-line charts every day have their mentality collapse. This time, $LIGHT has given us a lesson; patience really can make money.
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OnchainArchaeologistvip
· 12-28 06:24
Position 47 is indeed interesting, but I still think many people overestimate their mental resilience. When it really comes to pushing further, only a few can hold on.
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GasFeeVictimvip
· 12-26 06:03
Accurate bottom-fishing is a false proposition; it's high time to dispel this illusion. Staggered buying is the way to go.
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CryptoSurvivorvip
· 12-26 03:53
There are very few who dare to copy at this position of 47. I only completed my position in three trades... To put it simply, it's a psychological game.
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PumpDetectorvip
· 12-26 03:53
nah this 378 to 47 dive is textbook capitulation setup, everyone's calling bottom but nobody ever catches it twice 🤷 the real play was averaging down 200-100, not fomo-ing at 47 lol
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fren_with_benefitsvip
· 12-26 03:52
This wave of 47 definitely caught some people copying, but I think what's more heartbreaking is those who are worried about "Did I buy at the lowest point," and as a result, missed the rebound. Diverse entry points, stay calm—it's more important than anything else.
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GateUser-beba108dvip
· 12-26 03:45
Haha, this psychological preparation makes sense. Instead of trying to pinpoint the exact bottom, it's better to buy in gradually in batches.
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GasWastervip
· 12-26 03:42
nah the gas fees i'd pay to catch that 47 bottom would've eaten half my gains anyway lol. everyone talks about patience but nobody mentions the bridge costs to actually get there 💀
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CrashHotlinevip
· 12-26 03:33
Position 47 is basically a psychological game; the real test is ahead.
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