#美联储降息 $PIPPIN's situation is actually quite intriguing. The price is fluctuating repeatedly here, but trading activity has not diminished, and the bulls' willingness to hold coins is clearly holding steady—fewer and fewer are willing to take contrarian positions.

From a strategic perspective, the plan is quite clear: the market needs a rally to break the deadlock, creating a false breakout that attracts additional capital, then turning in the high position along with the trend. After all, maintaining this market cap itself comes at a cost, and breaking through upward would be even more costly.

The most logical scenario is a probe toward the 0.4 range, creating market expectations of "about to take off," attracting more floating capital, and then harvesting chips at critical points to prepare for subsequent low-position buyers. In other words: the manipulation to induce buy-ins is likely to unfold.

From a macro perspective, the Federal Reserve's policy stance also influences the overall market. Paying attention to $BTC, $ETH positions, combined with the rhythm of $PIPPIN, may reveal some operational opportunities.