In the last bull market, beginners entered the market with Shib100U and held on through the bull market to achieve financial freedom.
This time, let's just hold onto a squirrel. 🐿️
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$PNUT pnut From the data, there is nothing special. It is just a normal callback data. The long and short positions change hands, and the short positions have a slight advantage. The position volume has not dropped much, so there is no need for special interpretation.
From the K-line, this wave of callback from 1.4 is still healthy. Didn’t the previous post say that the stop loss at this place is not easy to find? Now it is here. From the chart, you can see that there is some rebound when the callback reaches the Fibonacci 50% position (around 1.17). There are also a few bulls entering the market at the 1h level. If it can hold up here and not fall below to form a box, then everyone does not need to panic too much. This is a healthy callback.
Recently, there seems to be a lot of comments that fud pnut is the next bome? I don’t think it has reached that point yet. Pnut retail investors are heavy, but which popular meme retail investors are not heavy? In a bull market, let’s not discuss whether the car is heavy or not. Things like memes require the participation of retail investors. Only VC coins need to discuss whether the car is heavy or not. The enthusiasm of retail investors is also very important for memes. Memes need to be spread. How can they be spread without retail investors?
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