$PIPPIN Can it still go short? Is the funding rate still scary?
This is the question that has been asked the most in the backend today. To be honest, the popularity of PIPPIN is indeed not as high as that peak period a while ago. After the weekend's sharp drop, the bulls have basically been washed out, and the intensity is obviously weak.
Currently, the market looks very clear:
The main force is continuously offloading, and prices have been dragged down.
What's truly harsh is— it won't be dumped all at once; the typical method of the manipulators is to “slowly unload and quietly escape,” letting retail investors pick up the pieces as they go.
As long as the chips keep changing hands, and retail investors keep pouring in to buy the dip, the manipulators can easily offload their holdings to cost-effective investors.
Under this structure, a continued decline in the short term is highly probable, and for those eager to go long, I can only say that their mindset is too bold.
If you want to know when to short, when to hedge, and when to get in,
Follow Brother K, and I will show you the real underlying logic of the counterfeit.
Counterfeit, is never made by those who just watch the market, but by those who understand the manipulator's intent.
