$PIPPIN I've heard that jellyjelly and soon are all operated by jump, and I completely believe that pippin is also operated by them. They all pull the market in the middle of the night and completely liquidate the shorts before resetting to zero. Shorts, how many billions can you hold out?

Don't be fooled by the decreasing open interest and the smart money reducing positions, thinking that the main force is almost done unloading. Those are just tricks to lure shorts, moving positions from one hand to the other. The only thing that can be certain is the candlestick chart and the price. If the price drops sharply, that means unloading; otherwise, it's really hard to see anything.

At this time, absolutely don't go short, even if you wait until the market value is below 100 million. It’s definitely more stable to short after abandoning the market than to short now; saving one is better than none.