$RAVE This round of movement caught many people off guard, with a nearly uninterrupted decline that left little room for a rebound, and holders' sentiment has shifted from anticipation to panic. Looking back at similar scenarios, project teams often complete distributions at high prices and then quickly dump to harvest liquidity, and without new narratives to support, it becomes difficult to attract new funds. More importantly, once regulatory intervention or exchange rule adjustments occur, the uncertainty faced by these high-controlled tokens will sharply increase. From the current market situation, any rebound could become an opportunity for bears to add positions, and contrarian bottom-fishing is akin to playing with fire; following the trend and shorting is a more rational choice.