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#ETH走势分析 I've been closely monitoring $PIPPIN's on-chain data for the past few days and noticed a troubling signal—the holdings of large accounts are quietly decreasing.



Judging from the daily chart, trading volume is increasing while the price is dropping. This combination usually means that tokens are shifting from strong hands to retail investors. In plain English: those who needed to exit have probably already done so.

Chasing longs now? I think it's pretty risky. There could be a fake pump to liquidate leveraged long positions, but overall, I personally lean bearish and think a significant pullback is possible.

By the way, let's also watch $XRP and $SOL to see if their recent performance will have any spillover effect on market sentiment.
ETH-0.85%
PIPPIN-9.06%
XRP-4.54%
SOL-3.85%
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GateUser-da25650evip
· 7h ago
I don't think any answer could be better than ...
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GateUser-da25650evip
· 7h ago
1000x Vibes 🤑
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ReverseFOMOguyvip
· 12h ago
The signal of big players running away is so obvious, and you still dare to chase? I wouldn't dare.
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NftRegretMachinevip
· 12h ago
The signal of big players running away is so obvious, yet you still dare to bottom fish. You’re really bold.
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ApeWithAPlanvip
· 12h ago
The signs of whales running away are so obvious, yet retail investors are still buying the top? --- Damn, with this trading volume dropping alongside the price, something feels off. --- The fake pump-and-dump trick has been overused. Be careful not to get trapped. --- Looking at the moves on XRP and SOL, it feels like the market is waiting for some big event. --- Going long now is suicide. I've already cut half my position. --- Can on-chain data lie? This time, it doesn't seem so. --- When tokens are being transferred to retail investors, it's usually a bad sign. --- Should've noticed this signal earlier; my reaction is a bit late now. --- If you don't believe it, check the candlestick chart yourself. This pattern is really scary.
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Robiul01BTCvip
· 12h ago
❤️
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