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Analysis of the dealer's top card on $PIPPIN: post-deal scenarios
Price movements of the $PIPPIN token are determined by a complex game on the market. The dealer’s top card reveals their strategy of supporting prices on long contracts through artificial adjustment of tariffs and commissions, which are significantly lower than normal levels. This maneuver allows for the distribution of positions on long contracts without sharp fluctuations that would deter retail traders.
End of distribution: what changes in volatility dynamics
The distribution of long contracts by the dealer is approaching completion, and along with it, the artificially created stability is diminishing. When the distribution phase ends, volatility will be driven by the real balance of supply and demand. Early profits gained during the distribution were redirected to support prices and foster the opponent’s position in long contracts. This is a classic scheme: initially, profits are used to strengthen the position rather than to extract value.
The role of liquidity in the dealer’s strategy and the top card
The dealer’s top card reveals a critical problem: top-level liquidity is almost devoid of room for profit. This means the dealer has little motivation for organic price growth. If short positions remain strong even after the distribution, the likely scenario is not growth through market orders but direct spot asset sales below the price. Liquidity at higher levels becomes an obstacle rather than a magnet for price movements.
Signals from short positions: what to expect next
Players with short positions have already adjusted their tactics. They placed entry signals at higher price levels or limit orders, preparing for significant profit if the market reverses downward. These are not random moves — they are a coordinated play based on the dealer’s top card, which reveals an intention to execute a powerful sell-off once the current distribution phase ends.
Key signal: if volatility truly drops after the distribution ends, this will not be a positive sign for prices. Instead, the room for maneuvering will shrink, and the dealer’s decision on the next move will be critical for the future trajectory of $PIPPIN.