PIPPIN is really ignored now. Look at the funding rate, which is ridiculously high, and the liquidity is terrible, scaring away all the short sellers who don't dare to move. The entire candlestick chart is just the market maker having fun alone, and retail investors have long since stayed away.

To put it simply, this coin has been played to death by the main players. The entire market looks confusing — it's all bullish voices. Large traders are dumping, and retail investors have already seen through the game rules; there are hardly any who still insist on going long.

But pay attention, the more this kind of situation occurs, the more it can sometimes present small opportunities. When the whales dump, retail investors might be able to scoop up some bargains. How it will develop next, we need to keep watching.