Brothers, did you see the crash of PIPPIN last night? It dropped 30% in just two hours, evaporating over a hundred million in market value, and now the price is struggling around $0.37. When our analyst opened the candlestick chart, their heart sank—this trend is not right!
1. First, let's look at the news: this is the naked truth
The data from the Bubblemaps platform has stripped everything bare: 80% of PIPPIN's tokens are in the hands of insiders, worth $380 million! What does this mean? It’s like 8 out of 10 people are the house's shill. Even more frightening is the sudden emergence of 16 'three-no' wallets (no transaction records, similar sources of funds, entering the market simultaneously), along with 11 associated wallets acting collectively—it's clear that the same hand is manipulating.
2. The 4-hour chart reveals the dealer's calculations.
Looking at the technicals now, the MACD on the 4-hour chart has already crossed down, and the yellow and white lines have turned down from above the 0 axis—this is a clear signal of short-term weakening. After a surge in volume yesterday, it has shrunk again, typical of 'increased volume drop + decreased volume rebound', indicating that retail investors who chased high prices are trapped, while there are not many who dare to catch the bottom.
I have marked the key points clearly for you:
Upper pressure: 0.44824 (short-term strong pressure), 0.55246 (retracement pressure level, extremely difficult)
Lower support: 0.26632 (short-term support), 0.14531 (the ultimate support that this drop may reach)
Case: Last year, I had a fan who invested all in after a similar drop of 50%, only to find it dropped another 40% the next day and ended up cutting losses at the bottom—do not make such mistakes.
3. Saint's view: I believe the current market will first oscillate near key levels, and after the oscillation, if a trend emerges, it will look bearish, because the MACD, RSI, and MFI have started to converge, it will drop down before rallying up!
Saint's operation suggestion:
1. If you are already holding long positions, you can look towards the key level above 0.36108. If you are holding short positions, you can look towards the support level below 0.26632.
2. Aggressive: If you are still watching, you can wait until it effectively stabilizes above the key level of 0.36108 to build a position, or wait until it effectively stabilizes below the key level of 0.36108 to build a position.
Conservative: If you are still watching, you can short around 0.44824—0.5246 or build a long position around 0.14531—0.26632.
3. Remember, do not go all in, and do not hold losses; take losses when you should, and take profits when you should!
Saint publishes three strategies in the village every day. If your position is not 5 million, please follow Saint's real-time suggestions in the village to avoid liquidation risks. The current market is unpredictable, and each villager has different positions, so please update the entry points that Saint announces in the village in real time!
Making money in the cryptocurrency circle relies not on desperation, but on patience and understanding. For such high-controlled coins, you either get in early to ride the main rally or wait to pick up cheap chips after a bloodbath—the worst case is chasing highs and cutting losses halfway up the mountain.
Want to know the specific entry point and where the stop-loss is safest? Saint's village has already given reminders; if you want to follow, become a villager of Saint!$PIPPIN #美国非农数据超预期
