#比特币对比代币化黄金 $pippin This wave is picking up again, and retail investors are probably torn once more—should they chase or bail? Will it break the previous high? Or is the main force about to cash out and run?

To be honest, the operators of this token are really ruthless. There’s a reason why so many people have lost money here.

Let me explain how the whales are playing this: Many retail investors see pippin and immediately think of those crazy tokens, like AIA, which drop 50% after just a few days of pumping. So they start shorting early, trying to catch the top. Around 0.7, there was that brief sideways movement, and a bunch of people mistook it for a distribution signal and rushed to go short.

But what was really happening? That sideways phase was actually the whales accumulating, prepping for a second pump. The old belief that "long sideways means a drop" hurt a lot of people—funding rates shot up and shorts piled in. Once everyone took the bait, they violently pumped it to liquidate the shorts. After most shorts got wiped out, they dumped it by 30% waterfall-style to clean out the longs. Retail investors thought it was finally safe to short? The whales took the opportunity to accumulate again and kept pumping. With this combo, both longs and shorts get rekt.

For such heavily manipulated tokens, you can only follow the trend—going against it is guaranteed to lose money. I’ve been trading for almost ten years and have seen all kinds of extreme markets, but in the short term, shorting this token isn’t cost-effective and is risky. From a long-term perspective, I’m personally still bearish—even though the big players are still pumping against the trend, repeated shakeouts only drive up their average cost. Watch out for the day they just dump it.

My advice: if you don’t have years of trading experience, stay away from these kinds of tokens. Getting wiped out on both sides is no joke.

What do you all think about this token? Let’s discuss.

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