#ETH走势分析 I've been closely monitoring $PIPPIN's on-chain data for the past few days and noticed a troubling signal—the holdings of large accounts are quietly decreasing. Judging from the daily chart, trading volume is increasing while the price is dropping. This combination usually means that tokens are shifting from strong hands to retail investors. In plain English: those who needed to exit have probably already done so. Chasing longs now? I think it's pretty risky. There could be a fake pump to liquidate leveraged long positions, but overall, I personally lean bearish and think a significant pullback is possible. By the way, let's also watch $XRP and $SOL to see if their recent performance will have any spillover effect on market sentiment.