Brothers, don't rush to get excited, $PIPPIN what we're playing now is called 'high-end fishing', the bait is a false breakthrough, the hook is at 0.25, and the fish is you.
From the market structure, it is clear that the庄家's direction has already shifted to bearish, and the current main strategy is to short from a high position, creating a mixed battle between bulls and bears in the market, gradually washing out the chips from those chasing prices and blindly bottom-fishing.
The upper range of 0.24159-0.25573 is the core short pressure zone for this round, belonging to the ideal 'kite flying zone' of the庄家: as long as the price hovers around here or makes a false breakthrough, it could likely be accompanied by heavy selling to harvest the remaining long positions in the market.
The funding absorption area below is very detailed:
0.10433-0.11249 is a relatively high absorption area, more like a position for short-term funds to bet on a rebound; 0.09614-0.09983 and 0.07501-0.08108 are the central absorption zones. If the dealer truly has long-term plans, they often gradually accumulate in these ranges without rushing to raise prices; the most extreme 0.02653-0.02841 resembles a 'doomsday price', which can only be touched during extreme panic or when the entire market is blood washed.
Combining the signals of 'the dealer will create a mixed battle of long and short positions on the market' and 'holding cash for risk avoidance, it is not recommended to enter the market', we can infer the current rhythm: in the short term, it is highly likely to be a back-and-forth within a range, and the candlestick pattern will show high-frequency false breakthroughs and rapid rises and falls, with the aim of making you feel the market is lively, but once you get in, you will be harvested back and forth. For outside funds, the best strategy in such a market today is to observe; it is better to earn a little less than to be a 'practice tool' in the mixed battle zone created by the dealer. If you have mistakenly entered a long position, there are only two principles:
First, strictly adhere to stop-loss, do not expect the so-called 'one more wave will break even';
Second, resolutely do not increase positions to average down, unless the price truly falls to the core absorption area below in the future and a clear volume increase stop-loss signal appears; otherwise, all attempts to buy low now resemble helping the dealer take over. At the current stage, the cost-performance ratio of PIPPIN is not high, and the volatility risk is relatively large, making it more suitable to be included on the observation list. Wait for the future to either truly fall back to the main absorption area below or break through and stabilize above 0.255 with increased volume, then consider participating in the trend more safely.
