PNUT Market Insight: The Changing Situation under the Main Force

The PNUT market has been turbulent recently, with mixed feelings. The good news is that the main force is still actively operating in it, and all signs indicate that it seems to be quietly laying out for a subsequent wave of strong pull-ups, which makes many investors look forward to this wealth express.

However, the bad news should not be underestimated. The main force is using the "boiling frog in warm water" strategy to quietly short and close long. They deliberately create a pin market in the market to attract retail investors to follow suit. After each pin, they use a small amount of long orders to support it for a short time, create a false rebound, attract more retail investors to enter the market, and then open shorts and close longs to curb the intention of retail investors to pull the market and gradually clean up the floating chips. Today, the market is fluctuating downward, and prices are falling slightly frequently. Retail investors are miserable and despair is growing.

Judging from the market rhythm, altcoins have begun to show independent trends. In my opinion, after this deep wash in December, altcoins will most likely usher in their highlight moment in January next year - the altcoin season. Although it is painful now, if we can survive the cold winter, we may be able to embrace the warm spring. It all depends on who can hold on to the end.