The drop in XPL is pretty steep—it's almost down to my original buy-in price.

But a sharp drop isn't necessarily a good thing—it’s still not the point where the main players are really making their moves. I think it’s likely to go sideways for a while, forming a fake bottom to shake out weak hands before another deep correction to find the real bottom.

Will the price really start pumping? I think that won’t happen until March to May next year. If it drops below $0.1, it’s worth considering entering in batches, since the main players' holding cost is around $0.05. At the current level, it’s neither high nor low, so we’ll probably see more consolidation.