#PIPPIN#$PIPPIN 🌝 The funding rate has turned positive, indicating that longs are dominant, but no large capital inflows have been observed. Be cautious about opening long positions and beware of a pullback. The large holders' positions have not been liquidated below 50%, so exercise caution. It seems more likely that current poor liquidity allows small orders to push up the price. Be prudent and consider using grid automation to filter out market noise and emotions.

$PIPPIN currently still has two levels of positions. 0.14 is about to be reached. I believe that when the price reaches the 0.14-0.15 range, the buy index will soon enter the 80-100 range, which is a strong buy recommendation area. Only after reaching this level will the market direction become clear, as determined by the major players. At this price level, most large long positions should be closed, because closing positions requires buying at market price, which will trigger a rebound. Major players may also join in to push the price up and liquidate short positions.