Fans, let me analyze the squirrel 🐿️. If that's the case, he definitely hasn't seen my second chapter of dry goods; otherwise, why would he ask me to analyze the squirrel?
pnut0.592 is currently testing the bottom for the second time and is still in the process. I don't know where it will stop falling, but the decline shouldn't be too significant.
A pullback to around 0.57 should trigger a rally, mainly because the recent meme hype has picked up, and everyone is in a pullback, so holding onto the spot is fine.
When the market is bad, it's best to do less with contracts; it's not too late to trade contracts when the market stabilizes.
If the meme hype continues, pnut should perform well, but the key is that if the hype is decent, then it might lead to a gradual decline.
A drop isn't scary; the most frightening thing is a gradual decline because that means there’s no bottom.
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