$PIPPIN This wave can consider a Light Position to try shorting. The logic is quite clear - the collaboration with Mind Network in mid-December and the release of the AI roadmap at the end of the month are all good news, but the problem is that they haven't really been implemented yet, and there isn't much actual Favourable Information support. On the contrary, the whale Holdings report from the 18th is quite concerning, as Large Investors seem to have intentions of dumping. The community sentiment has not been particularly unified, and the current pump is frankly just short-term funds playing.
From a technical perspective, after the 4-hour K-line peaked, the green bars of the MACD are still present and have not fully exited. The trading volume is gradually declining, and the signals of weakness are very obvious. The bulls lack the foundation to push higher. Setting the stop loss at the price level of 0.48 is relatively prudent; if it breaks through, it indicates that this wave of speculation may continue, and one should hurry to exit. Remember, operating with a Light Position is key, and it is essential to control the risks.
Just a reminder to everyone, the crypto market changes quickly, and price fluctuations are significant. Never forget to operate according to your own risk tolerance; being cautious is always a good approach.
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$PIPPIN This wave can consider a Light Position to try shorting. The logic is quite clear - the collaboration with Mind Network in mid-December and the release of the AI roadmap at the end of the month are all good news, but the problem is that they haven't really been implemented yet, and there isn't much actual Favourable Information support. On the contrary, the whale Holdings report from the 18th is quite concerning, as Large Investors seem to have intentions of dumping. The community sentiment has not been particularly unified, and the current pump is frankly just short-term funds playing.
From a technical perspective, after the 4-hour K-line peaked, the green bars of the MACD are still present and have not fully exited. The trading volume is gradually declining, and the signals of weakness are very obvious. The bulls lack the foundation to push higher. Setting the stop loss at the price level of 0.48 is relatively prudent; if it breaks through, it indicates that this wave of speculation may continue, and one should hurry to exit. Remember, operating with a Light Position is key, and it is essential to control the risks.
Just a reminder to everyone, the crypto market changes quickly, and price fluctuations are significant. Never forget to operate according to your own risk tolerance; being cautious is always a good approach.