What is this directional chasing on $PIPPIN perps? 1474% annualized funding at one point. What exactly are you chasing? Profit taking will be legendary.
$PIPPIN from an orderflow perspective, basically $150M OI added in a short time. We’re at S/R by definition. IMO some profit taking would make sense even if we go higher. Took some shorts here with a tight SL. If they really want to fill the wick, then so be it.
Zoom out on $CHILLGUY and you’ll discover a fascinating historical artifact: vanished liquidity. Odds we hit 300 followers today > odds this thing produces anything other than a microscopic pump.
$LYN literally orderflow doesn’t matter here, checked it. Study the compression on the chart this thing has a really low float and basically one entity controlling the spot. FDV isn’t that insane, but that low-float spot compression tells the story. Stairs up, elevator down?
Price runs. FDV stays heavy. $ZRO Last cycle ~$7 = ~$7B FDV. Today even after the pump, we’re still far below that zone, but unlocks haven’t magically disappeared. Headlines create momentum. Supply mechanics decide ceilings.
$ZRO pumping on Tether + institutional headlines = peak FOMO. Funny how dilution ramps up right when the headlines hit, perfect timing. Last cycle ~$7 was ~$800M MC with far lower supply. Today supply is much higher, so MC must expand massively to justify similar prices while FDV