Attention to $MERL's fans! December is famously the "unlocking robbery" month, with four waves of selling on 12/12, 12/15, 12/16, and 12/19, a total of 70 million units entering circulation. Who can withstand this density?

Don't think that holders will lock up their assets; early OTC costs were outrageously low, and there is still quite a bit of arbitrage space at the current market price. When there is a rebound, some will cash out, and the selling pressure above has long piled up like a mountain. What's worse is the expected panic; even if they don't sell immediately, everyone will reduce their positions in advance to avoid risk, resulting in fewer buy orders and direct liquidity depletion.

Supply and demand have long been out of balance, and from now on, it will only get more chaotic and panicked, leading to more selling. Thinking of a rebound in the short term is purely a dream, and the risk is directly at its peak! Following this rhythm, there is a high probability that the price will drop to around 0.2 before there is a chance to stop the decline and stabilize. Before that, any rebound is just a trap for more buying; watching more and acting less until the turning point is the way to go.