Recently, Pippin's performance has attracted attention, and what is most concerning is that the funding rate remains high. In the game between retail investors and market makers, the possibility of certain institutions manipulating prices cannot be ruled out. Currently, at the price level of 0.46, there is not much necessity to chase the price—technical analysis shows that there is an obvious expectation of a pullback in the short term.

For traders looking to get involved, it is recommended to position within the range of 0.46-0.48. If the support below is broken, the space around 0.35-0.3 is relatively wide and can provide better entry opportunities. Altcoins are highly volatile, so it is essential to adopt a light position strategy to participate, control risk exposure, and avoid being eroded by the funding rate.