Pendle is the leading DeFi project in the yield category, and it is unmatched—there is no competitor. It is monopolistic. Such a monopolistic coin is very rare.

At present, the weekly MACD is close to the zero line, like an alligator approaching the water’s surface, and it may easily surge with a strong bullish candle. Right now, this coin is only temporarily constrained by the Bollinger Bands.

I mentioned Pendle very early on as well, and the long-term target I laid out was 60x.

Its level is no less than my view on UNI. UNI has competitors like AERO, CAKE, and JUP. But Pendle has no competitors; the older-generation YFI is already dead.

For a monopolistic coin like Pendle, you can directly enter and accumulate positions in advance over the next few days. Just remember to take your principal out at a suitable price, and you can let the profits run for the long term, with a target of 40x to 60x.