This is a crappy project

The garbage coin $PIPPIN has finally arrived!

Many brothers who have shorted pp until now can finally breathe a sigh of relief. In the past few days, high fees, sharp spikes, and V-shaped trends have made quite a few people feel exhausted.

Originally, pig's trotters were not involved in meme coins, but the day before yesterday I saw this news about p1 and tracked it for two days, making some profits. Logically, institutions have started to enter and increase their holdings, prices have to come down first, and at the same time, the old stocks can't control the market as casually as before; the overall trend is bearish. There are still some on-chain data analysis things in the short term, which can be considered valuable information; we will discuss them separately in a few episodes later, which is quite useful for trading altcoin contracts.

Here I want to talk about indicators because many people say that indicators are useless every day. In fact, how do those who shout this use indicators? When a certain indicator shows that one can short or go long, they dive right in; occasionally getting it right a few times, they become particularly superstitious about it. Then, after misjudging once, they hold on until liquidation, telling themselves that the indicators are useless.

But indicators, after all, are used to reflect the underlying buying and selling forces in the market, the relationship between volume and price, fundamentals, chip structure, and other elements that truly reflect market trends. Moreover, different cryptocurrencies have different chip structures, premiums, and sentiments; the same indicator signals reflect different things. The most important thing is how to interpret the signals given by the indicators in combination with the specific situation and characteristics of the coins you are trading.

For instance, this time $PIPPIN , the oi indicator and funding rate are very good judgment bases. Many times, a certain market might only need a few indicators, but if you are not willing to deeply study, and only learn on the fly when encountering situations or see nothing at all, getting stuck or liquidated, then who can you blame?

But the market is always full of uncertainties; an indicator signal that is useful now may not be useful later. Therefore, you cannot expect to rely on one indicator forever. Many top traders who focus on indicators have trading systems that are constantly updating. Continuous learning is necessary to discover opportunities when they arise, rather than missing out unnecessarily.

The content of the next few episodes will start to cover valuable information, mainly including market analysis, on-chain data analysis, etc. Those interested can follow along and take a look #Pippin #美国非农数据超预期

{future}(PIPPINUSDT)