The analysis before $PENGU indicated that the rise of the penguin is not the result of a single large player manipulating the market, but rather a performance of multiple main funds taking turns to push it up. Once this type of rise, which forms a market consensus, ends, it becomes a game of who can run faster. Currently, there is a slight capital inflow in the short term, but overall, in the 12h and 24h time frames, it is still primarily focused on short positions. Those looking to go long should wait and see. From the perspective of the holdings and changes in total value of the cryptocurrency, the base positions have basically matched the 7-day price increase of the coins. Additionally, today’s overall market rise did not drive the penguin up, making it difficult for significant increases to occur in the future. #美国加征关税 #现货与合约策略