The recent trend of PIPPIN is quite intriguing. The live trading account was suddenly closed, and earlier market analysis articles were also deleted. Shortly after, the coin price started to come under pressure and decline. It dropped from 0.376 to 0.35. Although the decline isn't particularly dramatic, the timing is indeed very coincidental.

Looking at the trading data, the average holding cost for the big players is around 0.376. This wave of decline actually puts significant short-term unrealized loss pressure on them. But the question is—if the sell-off was purely caused by market pressure, then the coincidence of timing is a bit too perfect.

Recalling previous manipulation tactics, there was an emergency addition of 6 million in margin in the morning, and by evening, there was a spike to 0.76. Is the current situation a kind of replica? On the surface, it appears different participants are acting independently, but such a high level of coordination is hard to ignore, which naturally fuels retail investors' suspicions. In any case, in such a highly uncertain market environment, chasing the high definitely carries greater risk.