PIPPIN's recent trend is indeed worth paying attention to. From the chart, this wave of decline closely resembles the previous distribution pattern—slowly descending, then suddenly accelerating downward. Considering the current high level of interest and obvious signs of market control, many investors are paying attention to this opportunity.

From a trading perspective, taking a small position to short might be a strategy with high potential returns. But the key is to control risk—don't go all-in with full position; be sure to set an upper stop-loss to prevent being caught in a sudden rally by the market maker and getting trapped too deep.

There are already quite a few short positions trapped below, and these resistance levels will influence the subsequent trend. As for how low it can go ultimately, it still depends on the specific market performance. In summary, caution is paramount.