$PIPPIN
#pippin走势分析 Capital flow trends and market new interpretation
From on-chain monitoring, all time dimensions from 15 minutes to 7 days show a net inflow of funds. This multi-cycle capital resonance performance is certainly not driven by retail behavior. Meanwhile, bearish pressure continues to amplify—within the last hour, the scale of short liquidations reached $446,500, which is 13 times the liquidation volume of longs.
Every price surge is accompanied by the push of passive liquidation orders, and these forced buy orders become the 'fuel' for market uptrends. In terms of market sentiment, the current long position ratio across the network is 55.5%, with FOMO psychology emerging but not reaching extremes.
It is important to be cautious as the RSI indicator has risen to 81, which is in a significantly overbought range, making the probability of a technical correction very high in the short term. Pursuing high prices at this moment is not a rational choice.
It is advisable to pay attention to the following corrective layout opportunities:
- Preferred focus area: $0.1797-$0.1830 (overlapping area of previous support and capital transaction platform)
- Deep pullback range: $0.1667-$0.1700, if this range retracement occurs, the cost-effectiveness will be better
- Risk control bottom line: $0.1566 (24h lowest price support level), breaking below it requires re-evaluating the logic
- Upper resistance levels: $0.2061, $0.2162, $0.2200 (successively representing short-term pressure and previous high extension levels)
Rational pullbacks after explosive growth often present quality entry windows, whether to seize the opportunity depends on what the market offers.
Focus on high-probability opportunities, let's grasp the trend together.