Regarding the recent price action of PIPPIN, my previous assessment has temporarily proven accurate. Is this the top now? Honestly, I can't say for sure. Some people are calling for a target price of 34, which is beyond my expected range.
However, this coin is definitely gaining traction. If the tokens aren't dumped on a large scale, breaking past 0.6 isn't out of the question—the key depends on how many people are eager to cash out in the coming days. What's even more surprising is that quite a few bulls are already eyeing the 1 mark as a psychological barrier.
That being said, the main players aren't here to hand out freebies. If everyone thinks 1 is the absolute top and plans to exit there, that level will definitely be stacked with sell orders. Would the main players really be foolish enough to buy at the top and let retail investors walk away unscathed? Since 1 has become a consensus target, you should actually be wary of a trend reversal happening earlier.
The above is just my personal opinion and does not constitute any advice.
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GateUser-a5fa8bd0
· 12h ago
I'm all too familiar with this tactic from the big players; consensus is just a trap.
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NftRegretMachine
· 15h ago
What the main players like most is exactly these "everyone knows" positions, just waiting to cash out.
If you're unsure, just say you're unsure. 34 at that price is really outrageous.
0.6 seems more likely, but if it really surges to 1? We'll see who runs first then.
34? Bro, did you come up with that target price after drinking too much?
Consensus targets are often the biggest traps. I bet the trend changes ahead of schedule.
Before 0.6, let's see if there's any major dumping. That's the most crucial thing.
34 is really outrageous, but 1 is still uncertain...
Whether the chips are cleared is key. Consensus targets among retail investors are the main players' favorite to harvest.
The main players would never let everyone easily profit; there's always an ambush.
The hype is definitely up, but the sell orders at the top are terrifying.
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SurvivorshipBias
· 12-06 10:52
34 is crazy, are these people crazy or am I the one who's crazy?
The main players make their living by profiting from the opposite direction—the more people are bullish on 1, the more dangerous it is.
0.6 still feels worth a try, but don’t go all in.
This round, let’s see who breaks down first.
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DecentralizedElder
· 12-06 10:48
34 is a bit outrageous, but the consensus on 1 is actually the most dangerous—this is exactly how the main players love to bait.
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LiquidationHunter
· 12-06 10:48
That target price of 34 is really ridiculous, how can anyone even say that?
If the big players really let everyone get out at 1, I'll eat my screen live.
The hype is up, but be wary of a dump, guys.
If it can break 0.6, that's already not bad, don't overthink it.
If everyone is bullish on 1, then it's even more dangerous—this is standard practice in the crypto space.
Sell orders are piling up like a mountain, the big players aren't stupid.
It's really not good if all the retail investors are eyeing 1.
The earlier analysis was okay, but now you really need to be more cautious.
Honestly, the flow of funds is the key, the hype can be deceiving.
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DogeBachelor
· 12-06 10:43
Alright, but I'm just worried that if the main players go the opposite way, it could actually be riskier since everyone is focused on 1.
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DancingCandles
· 12-06 10:41
If 1 is the consensus, you have to go the opposite way; that's the main players' favorite trick.
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34 is such a ridiculous price, I'm nervous for him just watching it.
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Whether the chips will be dumped depends on the trading volume in the next few days.
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Round number levels are indeed easy to get trapped at, don't get fooled.
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People following the crowd and shouting 1 should be careful, a reversal can happen at any moment.
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The hype is building up, but it feels like more and more people are ready to bail.
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If 0.6 can't be broken, it's just going to keep moving sideways—so frustrating.
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It's the chips in the hands of the main players that really decide things, we're all just guessing.
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That's right, the consensus target is actually the most dangerous.
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This round's trend is indeed stronger than expected, but we still need to watch out for a downturn.
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RektRecorder
· 12-06 10:36
If the main players were really that kind, it would be unbelievable. The more sell orders stack up at 1, the more dangerous it gets.
You really have to watch out for an early trend reversal.
Wait, is someone sleep-talking at 34?
The hype is rising, but so is the selling pressure. Let's watch the chip movements over the next few days before making a decision.
1 might actually be a trap; the opposite of conventional thinking is probably correct.
Regarding the recent price action of PIPPIN, my previous assessment has temporarily proven accurate. Is this the top now? Honestly, I can't say for sure. Some people are calling for a target price of 34, which is beyond my expected range.
However, this coin is definitely gaining traction. If the tokens aren't dumped on a large scale, breaking past 0.6 isn't out of the question—the key depends on how many people are eager to cash out in the coming days. What's even more surprising is that quite a few bulls are already eyeing the 1 mark as a psychological barrier.
That being said, the main players aren't here to hand out freebies. If everyone thinks 1 is the absolute top and plans to exit there, that level will definitely be stacked with sell orders. Would the main players really be foolish enough to buy at the top and let retail investors walk away unscathed? Since 1 has become a consensus target, you should actually be wary of a trend reversal happening earlier.
The above is just my personal opinion and does not constitute any advice.