2026-04-06 13:45:54

$PI This market chart is exactly the same as it was before when it was ranging at 0.2. Funds are net flowing in; after the range-bound period is used to accumulate positions, they open short positions to smash the market, blowing up long positions. The longs for this coin are being squeezed continuously—there’s no end to how many longs get liquidated. And for a “dog whale” doing this kind of market-smashing, the profit from smashing the market is far greater than the profit from pumping the price and triggering short positions.

PI0.86%

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GateUser-5ac68398

· 4h ago

There’s no such thing as dog whales or cat whales; it’s all about a group of traders engaging in long and short positions and betting against exchanges. The losers pay the winners and transaction fees in the process. Back and forth, they fight each other, and they also have wins and losses. The main reason the price inside the exchange can’t go up is because the Pioneer consensus is overly greedy, amplifying the long positions by dozens of times to prevent the price from rising. If the price keeps rising, where do they get so many coins to sell to those making dozens of times profit? Don’t worry about it; just wait until the price hits a suitable bottom and buy spot.

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