#以太坊行情技术解读 $PIPPIN has been quite popular recently, attracting many retail investors and fans with its market movements. Basically, it's a meme coin. After taking a closer look at its historical performance, here’s a brief overview.

Since the end of last month, $PIPPIN’s popularity has remained high. Pump—consolidation—another pump, this cycle repeats itself. Many retail investors have suffered losses here, with the same套路: seeing a bearish candle appear, they open a short position immediately, only to be pushed higher afterward, resulting in liquidation between buy and sell. Ultimately, these types of coins are typical of strong whales controlling the market, mainly cutting retail investors’ positions. If you’re caught in this game and want to get out unscathed, there are only three options—cut losses, hold on, or get liquidated.

From on-chain data, major funds have been consistently flowing in, with no signs of withdrawal. Plus, the fee rate has been in negative territory for a long time. For such coins, paying fees every hour is common, which alone is enough to crush most short positions. Honestly, it’s better to avoid these kinds of coins altogether. Currently, the overall market trend still favors long positions, so if you’re already trapped, feel free to reach out and discuss strategies.