#数字资产生态回暖 $PIPPIN recent trend has prompted reflection—those short contract positions that were bearish were liquidated by 769,200 within 24 hours. What does this number tell us?

From a technical perspective, the price remains above all major moving averages, with EMA showing a standard bullish alignment. This is not a weak rebound, but rather a rebound supported by fundamentals. The recent pullback? Rather than a sign of decline, it’s a normal adjustment within the trend.

What’s more interesting is the data level—there are abnormal signs of active capital flow in the contract market, which usually indicates that large funds are quietly positioning themselves. While most are still grappling with short-term volatility, smart money has already begun to act quietly.

Where are the opportunities? In others’ panic. When short positions are liquidated, the chips they sell scatter everywhere. True traders need to stay calm during such moments and identify high-probability entry points.

From a technical rebound perspective:
• The first key support is around 0.370, a combination of psychological and technical support
• If it holds here, the next resistance is in the 0.390+ region

The essence of the market is a probability game. Understanding capital flow, mastering technical patterns, and taking action at high-probability points—that’s the rule for survival.