Everyone is focused on Squirrel Coin ($PNUT). In fact, I briefly mentioned its trend yesterday. From the data, it looks like funds are taking a break right now, there hasn't been much movement in the market, the position volume is stable as a rock, and the price fluctuations have also decreased.
I analyzed it yesterday, and if there isn't any significant capital coming in to stir things up, this coin might rebound to 1.17 to 1.23 before dropping again. As a result, the market did exactly that yesterday; it approached 1.17 and then started to fall again.
Most retail friends who have been keeping an eye on this coin are either stuck in it or planning to hold it long-term, and trading activity has become quite inactive. In the short term, I think everyone can put this coin aside for now; given the current situation, there isn't any good news, and the main players are nowhere to be seen, making a turnaround a bit difficult.
For the upcoming layout direction, I will guide everyone to aim for lucrative opportunities in altcoins, especially those with high potential projects, where an expected growth of over 10 times is not a problem. If you want to make big money in a bull market, like and comment, and I'll help you layout the entire bull market!
