$PNUT
Recently, many people have been asking about the trend of squirrels. In fact, a rough analysis was already done yesterday. From a data perspective, the market is currently in a consolidation phase with relatively low capital activity, with minor changes in open interest and gradually narrowing price fluctuations. Based on yesterday's analysis, if there is no active intervention from the main funds, then after the price rebounds to around 1.17 or 1.23, it is highly likely to fall back again.
The market performance from yesterday to now remains weak, with prices repeatedly falling around 1.17. Most retail investors are either trapped or holding long-term, resulting in overall low trading activity. In the short term, it is advisable to reduce attention to this coin unless there is an unexpected positive news or main funds intervene again, otherwise, the market trend is unlikely to show significant changes.
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