After this wave of liquidation, many people probably only just realized that the kind of fake strength before $PIPPIN is actually dangerous. The price looks like it’s still consolidating at high levels, but every time it rallies, it doesn’t have follow-through. What really caught my attention is that sell pressure has become increasingly proactive.

The short entry for PIPPIN was around 0.0197. The current price is 0.0164, with a current return of +329.83%. This isn’t a temporary snap judgment. First, the attempt to push up failed; then there was a weak retracement with shrinking volume; and only after that did this round of accelerated sell-off appear. The whole process is very clear.

When most people hesitate, the opportunity is often already brewing. Now that the profit has been realized, those holding positions can take profits in batches with an 80/20 split, and keep the remaining portion with a protective level—don’t let the profit you’ve got get shaken back.

I don’t like calling shorts only after the market drops—that’s too passive. If you missed it, don’t rush. Don’t chase the lows; wait for the next position with stronger confirmation.

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