Brothers, I am the lord. Today the market fell more than it rose, but there is a coin that has gone crazy — the Meme coin PIPPIN on Solana, which surged over 40% in a day, directly breaking through 200 million US dollars in market value, now quoted around 0.208. Many brothers can no longer sit still and came to ask me: 'Lord, this trend is too fierce, is it still worth chasing now? Will it shoot up to the sky?' Don't rush, let's calm down first and see what the 4-hour chart is really telling us, and then talk about that chilling 'leverage death loop.'

The news ignited the market, but the core is actually a 'bull-bear hunting ground'


The direct reason for this surge is: PIPPIN has exhibited abnormal trading patterns. Some wallets have concentrated funds and locked positions, artificially creating scarcity to drive up prices, attracting short sellers to take shots, and then through violent fluctuations, 'piercing' and exploding short positions. The buying from short sellers liquidating further drives up the price... This cycle continues, forming a terrifying 'leverage death spiral.' This is not healthy value discovery but rather a meticulously designed game of mutual destruction between bulls and bears. You think it's a bull market, but in reality, you are the prey.

So the fatal question arises: in this hunting game, should retail investors be the hunters or the prey? If you are unclear about the specific points, you can follow the lord, who will remind friends who have paid attention to me in real time for 24 hours.

Technical aspect: beneath the festive chart, dangerous signals are hidden.


From the 4-hour chart, PIPPIN is undoubtedly in a strong upward trend, and the price has reached a very critical psychological and technical resonance level.

At this position, once an effective breakout occurs, short-term sentiment may be reignited to challenge higher pressure zones. But please note, just not far above is a clear strong resistance zone, where a large amount of previous chips are piled up, which the bears will definitely guard against fiercely.

What is even more concerning is: the volume has not effectively amplified along with the price surge, like a high-speed car showing insufficient fuel, raising doubts about future power. Meanwhile, some indicators have entered the overbought area, which is a clear warning of short-term overheating in the market. Although the MACD shows a golden cross, often this kind of golden cross at such positions raises the question: is it an acceleration to the top or mid-air refueling? The answer lies in the upcoming trend.

The lord's personal opinion: Give up the tail, better to miss out.
Regarding the current position: the price has reached a critical pressure zone. This is definitely not a good position to open heavy long positions; instead, it's a time for previous holders to consider taking profits in batches and securing gains. A real breakout requires sustained volume, and currently, there is a significant hidden risk of divergence between volume and price.

Regarding the subsequent trend: if it can strongly stabilize and break through the first resistance level, theoretically there is a possibility of an inertia surge to test higher pressures, but that kind of market belongs to licking blood on the blade, with a very poor risk-reward ratio. The more likely scenario is to be blocked near the resistance level, then enter a high-level fluctuation or correction. A healthy trend requires a pullback to confirm support.

The market is changing rapidly. Want exclusive operational strategies? Quickly follow the lord, I will share more valuable insights in the village to help everyone avoid pitfalls and make money! Don't forget, the cryptocurrency market is risky, and following the right people is very important!#加密市场回调