2025-12-27 08:26:13

PIPPIN has been consolidating repeatedly these days, with a relatively independent trend that doesn't follow the overall market rhythm. It appears that the project team might be triggering chain reactions of liquidations by clearing out short positions, thereby increasing funding rates. Many traders are trying to short and guess the top here, but on-chain data shows that the whales haven't shown any obvious signs of escape for now. Overall, there's a good chance of a breakout over the weekend or next week. If it can break through the previous high, a relatively rapid upward trend may follow. Currently, this position still offers opportunities for bullish investors.

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GasFeeSurvivor

· 12-27 08:56

It's been consolidating for so long, I feel like the big players are holding back a major move.

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ZKProofEnthusiast

· 12-27 08:51

It's been consolidating for so long, I feel like the big players are holding back a major move.

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MetaverseLandlord

· 12-27 08:41

After such a long consolidation, who still can't see that the big players are squeezing out the shorts? The old trick of chain liquidation and chain explosion has been played out; the funding fees have been driven so high. However, on-chain data indeed shows no signs of a run, so I still choose to believe in a breakout. It would be perfect if we could see a big surge over the weekend. The bulls, just wait and see.

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RugResistant

· 12-27 08:27

ngl, sounds like classic liquidity grab before the move. watched this pattern too many times... just verify those on-chain signals yourself, don't blindly follow the "breakout incoming" narrative. dyor but yeah, shorts getting wrecked feels staged here.

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