$PIPPIN The current situation is unpredictable; should we go long or short?

Today, a fan asked me about the direction of $PIPPIN and whether it will rise.

$PIPPIN's four-hour liquidation: long positions 148,900, short positions 26,100. From this, it seems that the big players will definitely prioritize liquidating long positions,

the cost-effectiveness of going short is higher.

Currently, Sister Bao has monitored online and found that there is a small outflow of on-chain funds, but it cannot directly shake the trend yet; it is likely to remain in a sideways trend for a while.

It is recommended to wait for the trend to develop before lightly entering into short positions.

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