Airdrops for #ETH走势分析 $PIPPIN look like they might have a chance this time?

From a technical perspective, the downtrend is already quite clear. Combined with on-chain data, large holders are obviously reducing their positions, and there are obvious signs of main funds flowing out.

Last night, I followed this trend and opened a short position, which ended up doubling my returns. At this point, I wouldn’t chase shorts—the funding rate isn’t favorable, and there’s a high risk of getting caught in a rebound.

If you really want to enter, I suggest waiting for a decent rebound first. The risk-reward ratio at the current level is not ideal.

The recent trends of $XNY $LUNC are also worth watching.