Analyze the trend and views of PNUT Squirrel. Currently, the trends of PNUT and NEIRO, which have just been launched, can be said to be identical, both showing a volatile triangle after a surge upon launch. However, due to the higher popularity of PNUT, the time required for volatility and consolidation will also be longer. In recent days, anyone trading PNUT should be feeling very uncomfortable; sometimes it drops when the market rises, and sometimes it rises when the market drops. Just when you think it has broken out, it quickly falls back, and when you think it has broken down, it quickly rebounds.

The reason for this is that spot traders have limited profits and are relatively faithful (they can hold and won't easily sell), while traders who are very happy with their profits tend to create selling pressure easily. The current strategy is to concentrate everyone's chips at $1.7, and then choose a direction again. When the real direction emerges, it will make you hesitant to chase either long or short positions, and at a small peak, it will prompt you to sell, leaving people behind.

If PNUT and NEIRO have the same trend, it may test the Fibonacci 0.5 position, around $1.4, taking out the last stop losses before it begins to soar. The extreme adjustment position for PNUT is at $1.2; if it reaches that, I will start leveraging. The current advice is to continue holding, with spot full margin trading. If it reaches $1.2, Brother Nan will guide you on leveraging! $PNUT