$PNUT Today I'm catching up on pnut's homework. In the previous post, during pnut's second rebound, my brother looked at the data and posted that it was highly likely a rebound, not a reversal, and that it would likely continue a fluctuating trend. He reminded everyone to secure their profits first. I personally exited my positions around 0.74-0.75. Now, Squirrel has broken below the small support at 0.66. From the candlestick chart, the next support level is likely to be found around 0.58-0.6.
From the data perspective, it shows a relatively standard bearish selling pattern, with decreasing positions across large, medium, and small scales, but the volume is not significant. If I had to use one phrase to describe it, it would be 'a dull knife cutting flesh.' Friends who chased the high after not seeing my brother's post must be feeling quite uncomfortable with this bearish trend. From the data so far, there is no sign of capital inflow, and we may have to wait for the next surge in Squirrel, which might be related to news about Chuanbao's new administration.
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