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In this wave of the Pippin market, those still daring to call for a long position are either overly naive or trying to set others up for a trap. Just look at the K-line trend—after the extreme spike at 0.72, it should have dropped straight down, but the big players haven't moved yet; instead, they are just stalling. It makes sense—sideways trading eats up transaction fees, and the cost isn't particularly high. But then they tested the 0.6 level again, and the result was clear—there's no strength to push higher, and the overhead space is extremely limited.
From this perspective, the big players have been controlling this position for almost three months. Think about it—they've already made a huge profit, just from the trading fees alone. Is it worth holding such a large position now? Why not just dump the market to open up the next profit space? Could the returns from that be much higher than holding on here? The capital cost and opportunity cost are right there.
Honestly, Pippin is very likely to adjust within the next couple of days. If you're considering going long at this point, you really need to think it through.