$PNUT

From the data, it appears that the bulls have built quite a few positions at the 24-hour level, using the news of the coin listing plan on CB to drive up the price of Pnut. However, the situation here is somewhat different from that of ACT; both the 12-hour and 8-hour levels show signs of short positions being established, although the volume is not large (open interest is rising, and the main contract is flowing out). However, at this position, there has already been a divergence between bulls and bears, and the overall market has not been moving very smoothly.

Here, the stop-loss for Squirrel is difficult to set. Long-term holders should have held on to their positions until now, so let’s treat this major bottom at 0.95 as the final defense line. I think setting stop-losses at other positions is not very appropriate, as the stop-loss would be too far, so I do not recommend short-term players to enter the market.