$BTC PIPPIN Dealer Behavior Deeply Revealed: Recognizing Control Traps and Acting Against the Grain
On-chain data reveals that the top 50 wallets holding PIPPIN are highly concentrated, with some addresses identified as part of a joint dealer group, manipulating the contract market through high-frequency large transactions. Their control chips exceed 50%, but it is not simply about driving prices up and selling; rather, it is a carefully designed 'double kill' market - first luring in buyers to drive prices up, then violently crashing the market, followed by a quick recovery, repeatedly harvesting leveraged traders, achieving a two-way harvest. This advanced manipulation technique causes retail investors who blindly chase prices to often fall into a passive position.
In such a highly controlled and volatile market environment, emotional trading is akin to 'giving away coins'. Investors must remain clear-headed, refuse to be led by market fluctuations, and should utilize on-chain visualization tools to gain insight into capital flows and dealer rhythms, think in reverse, and act in accordance with the trend. While technical analysis has reference value, it can easily fail in a strongly controlled market, becoming a trap. Only by adhering to cold-blooded discipline and executing anti-human nature strategies can one survive and profit in the brutal game.
📊 Technical Analysis:
● 💰 Current Price: 0.3262 USDT
● 🟢 Key Support Level: 0.3175 (1H level, 2.35% from current price), a dividing line for bulls and bears
● 🟩 Support Range: 0.3159 – 0.3182, a densely traded area with strong support expectations
● 🔴 Resistance Level: 0.3347 (1H level, 2.97% from current price), breakout requires volume support, pay attention to false breakout risks
💡 Strategy Suggestions:
● When the price falls to the support range, consider placing buy orders in batches, participating lightly in the rebound
● If it effectively breaks below 0.3159, indicating bearish dominance, decisively stop-loss and exit
● If it breaks the resistance level and holds, consider increasing positions in accordance with the trend, but be wary of false buying traps
● Always operate with a low position size, strictly control risks, and avoid being 'poked out' by sudden spikes
🧠 Core Logic: Do not be a follower of trends but a master of rhythm. Understanding the dealer's game is the key to winning chips in their chessboard.
