$PIPPIN bearish traders have no way out, you can't guess when the market manipulator will fall, blindly going short can only result in being eaten by the funding rate.
$PIPPIN I said it yesterday, the market manipulator is the most disgusting when they dump by pumping the bearish traders, and then raise the funding rate to -2%. It's so disgusting.
$PIPPIN fall has only two reasons, 1️⃣ the market manipulator closes the long order (which seems impossible at the moment) 2️⃣ all retail investors cut loss while shorting.
$PIPPIN can still go up, the market manipulator's long order has made a fortune, as long as he doesn't Close Position, it can't go down. Moreover, the market manipulator is still buying today, it can't come down so quickly.