$LIGHT's recent performance warrants caution. The coin has already plummeted 80% under the impact of internal sell-off allegations, and is also facing a "dump" expectation due to a $3.2 billion liquidation scale. Market sentiment has clearly shifted to pessimism.

From a technical perspective, the long-short position ratio has fallen to 0.77, with bears holding an absolute advantage of 56.44%, and selling pressure continuously hitting the market. In this situation, following the trend seems to be the rational choice—since the short-term direction is so clear, why go against the trend?

If you plan to participate in this downward move, you can consider these levels technically: set stop-loss at $0.725 (to prevent a rebound breakout), and target the lower area around $0.548. But remember, all trading involves risks, especially in such an extreme emotional environment where volatility can be unpredictable. Account management and risk control are always the top priorities.