$PIPPIN {future}(PIPPINUSDT) PIPPIN The inducement for a bullish market has completely ended, and the bullish forces have no escape route; what follows will be a downward trend entirely dominated by the bears!
The previous rise was simply a trap set by the main forces to induce buying—watching the price surge upward, it was actually the investors quietly unloading at high levels, waiting for retail investors to follow suit. Now, with reduced trading volume and stagnation at high levels, the price cannot move upward and frequently adjusts, indicating that the upward momentum has long been depleted. This is a clear signal of trend reversal. The funding situation is genuinely bearish, with main funds accelerating their exit, and new funds are completely hesitant to enter the market; the market is filled with active sell orders, and the selling pressure is increasing. More critically, the price has now broken through; the previous support levels have all turned into resistance levels, leaving the bullish forces with no opportunity to escape, and what follows will only be a more severe decline. The bears do not need to wait; now is the best time to enter the market in the direction of the trend, as the subsequent downward space is completely opened up!