I've been observing the PIPPIN token lately, and the manipulation tactics are really deep.

Here's a suggestion for those still on the sidelines: don't rush in. For those already holding positions, you need to seriously consider your risk management—funding rates can slowly eat away all your profits. This is a classic "harvesting" operation.

Longs' logic: thinking they've caught the bottom and can make money off funding rates? In reality, they're left holding the bag at the top, watching their accounts shrink, and could end up getting liquidated.

Shorts shouldn't be too optimistic either: a slow downward trend makes people relax, but then a sudden big green candle can wipe you out. Then the grind continues, funding fees get deducted over and over, and your contract position gets drained.

This kind of strategy that kills both longs and shorts is really tough for retail traders to handle. It's not about lacking skills; it's the information gap and the difference in capital size. There's never a shortage of stories in the market, but what's really lacking is the rationality to leave with your funds intact.

By the way, SOL and XRP have been moving in interesting ways recently too, but at all times, risk management comes first.