$ZKP and $PIPPIN these two coins have almost identical trend patterns, which is quite interesting. Both are repeatedly consolidating there, and the funding rate has already been eaten up to -0.57%, indicating that the bears have little room for imagination at this point.

From the on-chain funding movements, the main players' chips are still in the accumulation stage. Continuing to short at this time is actually the most dangerous — the more shorts there are, the easier it is to become fuel for a subsequent rally. This is a classic market trick.

On the technical side, once the chips are sufficiently collected, a sudden upward breakout will completely suppress the bears. So rather than blindly shorting, it’s better to learn to observe. Sometimes, spotting a shorting opportunity is more valuable than participating in the wrong direction.