Recently, many people have been chasing $FLOCK, which reminded me of an interesting phenomenon—once the news is released with great fanfare, when you enter the market, the price starts to decline. This is the classic pattern of "good news selling."

Simply put, people love to hear good words, but rarely look at the true intentions behind them. This is true in the workplace, and even more so in trading markets. Don’t be blinded by slogans; focus on actual actions.

Let’s take a look at the current technical situation of $FLOCK—it's risen 20% in the short term, which sounds good, but the trading volume has shrunk by 88%, which is a bit suspicious. The 1-hour RSI is still at 61, while the 4-hour RSI has already exceeded 70, indicating a clear overbought signal.

The current strategy is mainly to wait and see. If the price breaks below the key support at 0.115, consider a light short position, with a stop-loss set at 0.128, and targets at 0.105 or 0.095. Conversely, if volume increases and the price breaks above 0.13, don’t rush to chase; continue observing.

The key is not to follow blindly—sometimes the "big good news" in the market is precisely where the greatest risk lies.