$PIPPIN this wave of market movement is quite interesting. The same batch of meme coins had already fizzled out long ago, but this one is holding on stubbornly. The spot price is being tightly held down, and as the funding rate continues to eat away, the chart shows obvious signs of a trap. The market logic is very clear—small investors think the price has fallen too much and want to buy the dip, but in reality, it might just be the whales accumulating. The current risk points are also on the table—once the direction is confirmed, how fierce can the pump be? Starting from 50% is no joke. If you’re brave enough, small positions can try to catch the whale’s lift, and the reverse short squeeze strategy is not uncommon in this tokenization boom cycle. But remember to control the risk—playing this game poorly can be very risky.