SatoshiHeir
Recently, I've been watching PIPPIN's price action, and to be honest, this trading strategy is pretty "ruthless."
Let's put aside the fact that the tokens are highly concentrated—the key is how they're playing it. For two days straight, the price has been pinned sideways without moving, kept firmly under control, while the funding rate has been squeezed dry.
It's tough for the bears, but even tougher for the bulls. Many people's positions can't hold up and they're being forced to reduce their holdings and exit the market. The whole chart shows no clear direction at all.
Assets like MEME, to pu
Let's put aside the fact that the tokens are highly concentrated—the key is how they're playing it. For two days straight, the price has been pinned sideways without moving, kept firmly under control, while the funding rate has been squeezed dry.
It's tough for the bears, but even tougher for the bulls. Many people's positions can't hold up and they're being forced to reduce their holdings and exit the market. The whole chart shows no clear direction at all.
Assets like MEME, to pu
PIPPIN6.14%

