$PIPPIN High position consolidation, what to expect next???
Last night, the market experienced a widespread crash, but PIPPIN remained motionless, consolidating for a night, indicating that there is capital supporting the market, and the main funds have not retreated.
Currently, it is not advisable to enter short positions, as the funding rate is negative, making shorting unprofitable. Going long can be considered when suitable entry positions arise, or trying a small position to test the waters. We are currently in a consolidation phase, and the major players are accumulating. Once enough strength is built up, there is a high probability of a price increase for profit-taking.
Everyone knows the eventual outcome of such coins is a crash, but do not blindly chase for short-term gains. Wait for the market trend to show direction before taking action. Protecting your principal is key to having a future!
The market always has opportunities; the key is to operate calmly. Tiangui will continue to help everyone monitor on-chain dynamics and move steadily forward together! Follow Tiangui and participate in every attack by the villagers of Tiangui! Tiangui will publish specific entry times and real-time news every day in the village!
