Cull the Weak Price
MARKET NOTE: CULL THE WEAK
Updated 2026-05-06
Cull the Weak is in active correction territory, down -26.0% over 30 days and -6.3% just this week, signaling sustained seller pressure rather than a single flush. The foil common peaked at $6.34 roughly three weeks ago and has since bled down to $3.92, a -38.2% haircut that suggests either early spec exhaustion or a shift in demand fundamentals for Origins limited. The recent trough of $1.37 means current price sits +186.1% above that floor, so there's no panic bottom yet, but the trajectory reads like steady accumulation of losing positions. At three dollars and change on a common, the entry point from three weeks back is getting heavy, and diamond hands from that peak are likely bagging. Watch whether the next seven days hold above $3.50 or capitulate further; a break below $2.00 would signal this chase is fully cooked and sellers have given up hope on a rebound.
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