$PNUT From the data, 🐿️ at the 12h level, the net outflow of funds in the entire network contract is approximately 5M, and the holdings of the currency have increased by 2.64%, while its value has decreased by 1.88%. It is evident that speculative funds have increased some short positions, and there are no signs of major funds absorbing spot funds. Even after dropping to this level, the bears are still relentless, it's really a case of 'when the wall falls, everyone pushes', the sentiment for meme coins still relies on maintaining heat #还有山寨季？

$PNUT 🐿️12h level has partially closed short positions, the K-line price has stabilized, but it can only be regarded as a rebound. Regardless of any altcoin, the risk of going long is very high before there is a significant large long position entering the market. Don't blindly go long just because the K-line has stabilized; from the data, the price falling below 0.55 still shows that there is no main force willing to enter long positions to support the price. The best scenario is to continue moving in a range-bound manner, but it seems that the risk of being dragged down by the market is still quite large. #加密市场回调