Brothers, it's the 9th day of checking in on PNUT. I didn't check in yesterday because I was really exhausted from the drop and didn't want to look at it. I had a good sleep and when it hit 3100, I wanted to buy the dip, but unfortunately, I had no bullets left. Then, when PNUT was at 0.6, I swapped one-third of my ACT at 0.3. Let's see which of these two difficult brothers can run faster; I hope ACT rises first so I can swap back. I want to ask you all if you've cut your positions? It feels like a lot of cars have been cleared this time, but after such a big drop, confidence needs to be restored. Market makers smashing down the prices have left people in despair, and retail investors have been knocked silly!
The market maker for Squirrel is wintermute. You can see that the trends of these three coins, NEIRO, ACT, and PNUT, are the same: the market is smashed down beforehand, and then they pick up the goods at key points, playing the high sell-low buy game very skillfully.
This market making logic is the harshest; the enthusiasm of retail investors can be ignited in just four days, and bullish sentiment can sustain itself for up to six days. The real panic time for retail investors only needs three days. The last three days of decline break their psychological tolerance and wash the cars clean. Wintermute is truly strong among the strong.
I'm not afraid of you making money; I'm afraid you won't come to play. I'm not afraid of you being bullish; I'm afraid you won't dare to throw chips.
Someone will always want to check my account. I won’t post when Squirrel hasn't risen above 1. I hope this rebound can last a bit; I think a second test is unlikely because the current market cap of Bitcoin is too large, and I don't want to give retail investors too many good opportunities to get on board with Bitcoin. It's just a feint to clean up leverage. In this wave of decline, many altcoins and leveraged positions have died, and there's quite a bit of panic selling. Those who sold quickly rebound but dare not enter again, thinking of waiting for a pullback, are being toyed with by the big players.
Be patient and hold on. At least I think the narrative of Squirrel is quite explosive, and since DOGE and PEPE dropped so hard yesterday but have bounced back, it shows that big funds are still paying attention to the MEME sector.
DAY9
PNUT=0.7$
FDV=0.7B
