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#美联储回购协议计划 $PIPPIN's recent trend is worth paying attention to. The current quote is 0.45769 USDT, which has already fallen into the middle-lower band of the Bollinger Bands, approaching the support below 0.43. From the moving averages, the price has been pressed below, and in the short term, the bears still hold the upper hand.
The truly concerning part is the on-chain data. 80% of the supply is concentrated in a few whale addresses — this is not a small matter; it’s a typical high-control risk signal. Under this structure, price fluctuations can be completely influenced by a few large holders, and the chances of sharp rises and falls are quite high. Short sellers should be careful not to get trapped, and if the market makers want to push the price up, this kind of situation is actually very easy for them to manipulate.
Honestly, when dealing with tokens with such high concentration, it’s important to look at both technical support levels and the on-chain power structure. Risks and opportunities are often two sides of the same coin.