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The APR pullback this time is quite severe. It has fallen for three consecutive days, and the price has been cut by nearly half. However, looking at the market data now, it has been stuck at this position for a while.
From a technical perspective, the occurrence of a sideways consolidation after such a significant fall often indicates that the selling pressure is gradually being digested. At the current price level, I personally lean towards trying to position for a long trade, as it might be a good low-absorption opportunity.
Of course, entering the market requires position control and setting stop-losses. After all, the market changes rapidly, and cautious operation is always wise.