$PEPE – Pressure Cooker Configuration 🐸💣
📉 Visible flows remain negative → retail reduces exposure.
💀 Excess leverage eliminated → liquidations compensated for overheated positions.
📊 Open interest stable (~US$ 535 million) → no excess risk.
⚖️ Neutral financing rates → balance between long and short positions.
🔴 Futures traded at a discount → no speculative optimism priced in.
💎 Central structure intact → key range defended.
Historically, these "silent" phases often precede sharp impulsive movements.
The market is quietly preparing for the next leap. 🐸🚀