I've been looking at PIPPIN's market recently and find it quite interesting. Historically, many coins have experienced similar行情 during the year-end period, and this wave of PIPPIN might be even more exaggerated.

The key issue is that there is a large short position in the market, which gives the whales significant room for manipulation. According to conventional tactics, they usually start with a sharp sell-off to trigger stop-losses of the longs, then push the price up to wipe out all the short positions. This kind of continuous liquidation行情 is indeed terrifying, but from a technical perspective, there are signs of an upcoming move.

For friends holding short positions, the 0.3 level might be worth considering for stop-loss. Although no one likes to cut losses, in the face of high risk, a capital-preserving order is always better than liquidation.

As for the longs, if your cost is at a low level, you might still have patience to wait. Although this type of行情 is full of uncertainty, for those willing to withstand volatility, it might be the opportunity to turn the tide. The key is to manage risks well and not let emotions take over.