$PIPPIN This trend can be summed up as building up for a big move.
The price has been stuck in place, but the costs remain positive, and the bullish sentiment is being held up, with noticeably fewer people daring to short.
In this situation, the project party's easiest play is to push the market a bit, create the illusion of an upward surge, lure in outside bulls, and then pull back, letting the chips fall to the small K lines to catch.
Staying stagnant for a long time is not free; maintaining a high market value itself is a cost, and once they want to push up, it will require more money.
So the most likely scenario next is to test the 0.4 range, creating a false impression of 'taking off', allowing more people to rush in, and then harvesting in the process.
In other words: the curtain for enticing the bulls is likely to be drawn back very soon.
During the day, there will be fans ambushing potential coins, those who believe in the senior can come along.
