Observing the market data of $PIPPIN during this period, the pump has lasted for a month, but overall it is still in a phase of repeated Whipsaw. The funding rate is indeed being enjoyed by the market maker, and although there are obvious signs of capital outflow in the on-chain data, the direction of the market maker is still clear, making it not suitable to blindly short at this time. The evening market data is expected to show some pump action.

Newcomers are advised to remain calm and observe first, and only follow up when clear signals appear. If you already hold coins like $PIPPIN, $RAVE or $ZEC , you must set up profit-taking and stop-loss mechanisms to avoid getting trapped in your positions. The market changes quickly, and risk management is always the top priority.