Looking at the current price of IP, there's no need to get too excited; there's plenty of room above. I checked the latest market data, and the number of retail traders holding long and short positions has already dropped to a very low level of 0.76. Retail traders across the network are still short despite a rise of over 40%. What does this signal? The main players' tactics are clear—first, use this beautiful rally to lure retail traders into short positions, then leverage their own holding advantage to squeeze the shorts.

From a technical perspective, once the 4.0 barrier is effectively broken, there will be little significant resistance above. The bears will fall into a passive position, and watching the price surge toward 5.0 will only cause frustration. The current situation is quite favorable for the bulls.

In terms of trading strategy, my idea is to buy on dips and follow this wave of market movement. Here are a few key target levels: the first is around 4.05, breaking the previous high; then higher at 4.35, where the sentiment premium for new coins converges; and finally 4.8, a psychological round number. Each level is worth paying attention to, but there's no need to participate in all of them—choose based on your risk preference.