Analysis on BAN, PNUT and SHIB:
BAN is currently in the bottom area and continues to attract capital intervention. Although the adjustment period is short, usually the longer the adjustment period, the stronger the rebound will be in the later period. While there may not be a significant upside in the short term, this sets up a solid foundation for potential upside later on.
In contrast, PNUT's financial support is relatively strong, obviously more than BAN, which is one of the reasons why BAN fell below the key support level. PNUT is relatively stable and has not yet fallen below important support. The market is more optimistic about it.
As for whether PNUT is worth buying now? Despite a major correction, the price is currently holding key support, meaning it is relatively safe within its current range. Nonetheless, it cannot be ignored that it has not undergone a lengthy period of adjustment. Thinking of SHIB in 2021, it was also in a similar bottom shock stage at that time. The market shuffled for about six months, and then exploded and even increased by more than 20 times. This kind of trend is often regarded as a safe long-term investment opportunity.