$PIPPIN 🌝 The grid will automatically stop loss and exit if it breaks below 0.14. Judging from the order book, the main force is stepping on its own foot while rising, and the market no longer recognizes this move. With a liquidation of 1 million longs dropping to this depth, there must already be panic; this has far exceeded the strength of historical pullbacks. The subsequent direction is unclear, but the funding rate has turned positive again, and volatility is intense. Observe for a while longer. Unless the price recovers to 0.19-0.2, I won’t add to the position or do T trades. It’s recommended to keep only the current position; if it breaks 0.14, admit defeat and exit. If the price recovers to 0.19, observe the market trend again. The monitored address clusters are still highly controlling the market. Today's sell-off looks more like a concentrated drop triggered by long liquidations. A 1 million position shouldn't hit so many points; the only reasonable explanation is that everyone is waiting to see if the market stabilizes. Pay attention to the actions of whale holders.