Pnut’s holding of coins is particularly unhealthy. There are only more than 6 million tokens in the first-level pool, and there are more than ten addresses holding more than 6 million coins, not to mention other addresses holding hundreds of thousands or even hundreds of thousands of coins. This shows that the selling pressure from large investors is huge.
The liquidity pool of pnut level 1 is abnormal. During the period of sharp rise in the price of the currency, the pool becomes thinner and thinner. The thinner the pool, the more drastic the rise and fall of the corresponding currency price. Although it is a short-term surge, it is not conducive to long-term development. During the period of oscillating downward movement of the currency price, the liquidity of the pool is inexplicably thickened. This is a typical "hand-over" link.

Even now, this guy can't cash out hundreds of millions. The total liquidity in the primary market is only 25 million dollars. It's all "paper wealth", which will shrink quickly when the downward trend is stepped on!

The short-term strong unilateral upward trend has ended, that is, the market where you can make money without doing anything has ended.
The market will continue to rise and reach the top, showing a fluctuating upward trend.
From the beginning, the bulls completely crushed the bears, and now the bears are gradually increasing their stakes. In the future, we can see the final situation of the game between bulls and bears.
For prudent investors, the contract can be terminated or the leverage can be reduced, and the spot needs to be sold at the right time.
The long-short dividing line is temporarily set at 85,000. If it does not fall below, it will continue to be bullish. (Personally, I do not recommend shorting now)
The only definite chance is to wait for Bitcoin to pull back 10%-20% from the top, and then re-enter the market for a second push. This requires waiting slowly at the daily level!

Apart from Bitcoin and Ethereum, hold onto altcoins for the long term (only adjusting positions, not randomly switching).
Fet, the artificial intelligence sector, is the only technology we can expect to see realized in our lifetime. Continuous breakthroughs in real-world technology will bring benefits to the cryptocurrency space. (In early 2024, OpenAI developed AI software that automatically generates videos, causing related assets in the cryptocurrency space to surge.) However, recent token mergers have led to negative news, causing prices to decline! Currently under observation, if it rises above 1, there is still potential for further gains; if it drops below 0.7, directly switch to alternatives.
Artificial Intelligence Alternative RENDER, formerly known as rndr, with token attributes AR + VR + AI + GPU rendering.

Characteristics of a strong unilateral upward trend: peaks and troughs gradually rise, with basically no major pullbacks.
In comparison to the Bitcoin halving in March, apart from a major spike in between, other characteristics are consistent.

Fear of heights, waiting for a pullback?
Fear of heights? Then just keep rising, because a strong unilateral upward trend won't have major pullbacks; when a major pullback occurs, the strong upward trend has ended, and others are already selling at highs. (Refer to the March market screenshot above for specifics.)
Close positions early to take profit, missing out and regretting?
You can enter at the lows of Bitcoin's pullback, with a small stop loss.
The key point is coming!