Anatomy of PIPPIN: On-chain data exposes the 'harvesting script', a 30% plunge is just the 'last supper' show of the big players
Dear family, I am Bai Yue, no need to say it twice, let's get straight to the main course.
The news
is the core of this play. It has stripped off all the underwear: 80% of the chips are locked by insiders, worth nearly 400 million US dollars! What does this mean? It means that in this market, out of 100 people, 80 are 'actors', speaking with one voice and manipulating with the same hands. Those suddenly appearing 16 'clean' wallets, along with another group of 11 'synchronized' associated wallets, are the solid evidence! This is not an investment market; this is a centralized table built with blockchain technology, with 'decentralization' written in big letters.
Looking at the 4-hour K-line chart,
this huge bearish candle pierced through all support like a knife. The price plummeted from above 0.5 US dollars to 0.34 US dollars. Is this called 'volatility'? Is this called 'technical correction'? Stop fooling yourself! This is called 'precision demolition', targeting retail investors who still hold onto fantasies.
Bai Yue offers you a perspective that others dare not say: this plunge is not 'risk release', but 'big player stress testing'. They are testing how deep the market panic goes by smashing the market with 80% of their chips, and how many 'suicide squads' will come to catch the flying knives. The test results are written in that large bearish candle on the K-line. The upper level of 0.50490 has already become a grave, difficult to surpass in the short term.
What should retail investors do now? Listen well:
Immediately give up the fantasy of 'buying the dip'. In such a distorted chip distribution, any 'bottom' is a trap. The big player’s cost may be negligible, and your 'bottom' is their 'ceiling profit'. The technical aspect obeys the truth of the news. When on-chain data has already proven this is a highly controlled 'pseudo-market', all technical support may be instantly breached.
What retail investors should do is 'patiently wait for opportunities, act decisively and steadily'. Follow Bai Yue to receive daily real-time strategies and cutting loss guides!
$PIPPIN #美国非农数据超预期

