$PIPPIN
Let's review this meme coin. It is currently fluctuating in the range of 0.32 to 0.36, and today it even fell below 0.32, which was a trap by the market makers. I also FOMO'd at that time, fearing I would miss the waterfall. The market makers still have the ability to maintain the price fluctuation range, but they have not manipulated the spot market to go short. I am quite puzzled; there are several possibilities. One is that the market makers are still luring short positions, attracting retail investors to short. Another possibility is that many large holders have not closed their short positions, and if it drops suddenly, the large holders might run away, leaving the market makers stuck. Many of these traders are using borrowed funds, with little of their own capital, and the interest on those borrowed funds is also costing the market makers. The last possibility is that the market makers have contacted large holders to short using their accounts, which is essentially a trap for long positions, allowing them to cash out and exit. For those who are more aggressive, they can make a low buy and high sell within the range I mentioned, while being prepared for potential losses to prevent sudden surges or waterfalls.