I am amazed every time I look at PIPPIN - no dump, just sideways movement. It seems like most of the market is waiting in short positions. Logically, there should be significant selling pressure right now, red candles should be exploding but so far there are none.
Don't get me wrong, this is not a buying suggestion right now. I'm also in observation mode. If a strong red candle comes, then I will enter a short position. This requires patience.
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DoomCanister
· 12-05 09:59
It’s definitely strange how the market has been moving sideways for so long; it feels like something big is brewing.
Still waiting for that big red candle—why hasn’t it shown up yet?
Are the short sellers holding back too? Why haven’t they pushed it down?
I’m just watching and haven’t made a move either.
Times like these really test your mindset, but I’m not in a hurry.
If there’s going to be a dump, it’ll be a big one—I’ll act then.
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NotFinancialAdvice
· 12-04 13:58
Calmly waiting, this sideways movement of PIPPIN is indeed strange.
The market logic doesn’t make sense; with so many shorts piled up, why isn’t it dropping?
Let’s see if a big red candle suddenly appears—then I’ll make a move.
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DegenWhisperer
· 12-03 17:56
This kind of choppy consolidation is the most frustrating. The bears are sharpening their knives, but the market just isn't cooperating—it's a bit weird.
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GasFeeLady
· 12-02 11:53
ngl this sideways action is lowkey sus... everyone's shorting but the red candles just ain't showing up? that's the vibe i get watching gas prices spike before dumps lol. could be the calm before, or just market psychology playing tricks again. definitely in witness protection mode rn, not touching this until the sell signal hits proper
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GateUser-9f682d4c
· 12-02 11:51
This consolidation is indeed strange, short-term traders are all waiting for a breakout.
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GasFeeBarbecue
· 12-02 11:48
This sideways movement is really strange. Is the market holding back a big move?
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ContractTester
· 12-02 11:37
This sideways movement is really strange; the short positions are all prepared, so why isn't it falling?
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GweiObserver
· 12-02 11:33
I'm curious about everyone who opens short positions, where are your eyes red?
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GateUser-43283b0a
· 12-02 11:26
They are probably all fake.
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MetaverseMigrant
· 12-02 11:25
Wait, this logic doesn't seem right. If everyone is shorting in the short-term, why hasn't it fallen? That's the strange part.
I am amazed every time I look at PIPPIN - no dump, just sideways movement. It seems like most of the market is waiting in short positions. Logically, there should be significant selling pressure right now, red candles should be exploding but so far there are none.
Don't get me wrong, this is not a buying suggestion right now. I'm also in observation mode. If a strong red candle comes, then I will enter a short position. This requires patience.