Attention to everyone playing $PIEVERSE, I need to revise my previous analysis. I just checked the on-chain data and found that things aren’t that simple—the main funds haven’t withdrawn on a large scale at all, and the control rate is still quite high. More importantly, the short positions are more than four times the long positions.

This sideways trend is likely a trap. Think about it, so many people are opening short positions mainly to lock in booster rewards as a hedge, and their leverage levels are generally not high. But if the main players want to clear out these shorts, they can easily push the price up one or two times. If you’re bold, you might consider increasing your position, but for the conservative, I suggest waiting until the rewards are about to be distributed before making any moves.

After all, there are still five days left, and too many variables remain. Don’t get yourself trapped just for some hedging gains—the market never plays by the rules.