Looking at PIPPIN's recent market trend, the main players' tactics are indeed quite skillful. Continuously hitting new highs with almost no selling pressure, the underlying logic is worth pondering.

Careful analysis of on-chain data shows that large funds are not fleeing the market; instead, they are aggressively accumulating at lows. During high-price phases, the main players maintain market stability by locking in positions, which makes retail investors more likely to FOMO and buy in at new highs. The big players don't need to inject additional capital to push the price higher.

As for retail investors, they are often attracted by the surge to new highs but overlook the associated risks. Driven by greed, they tend to chase at high levels, ultimately getting trapped. Therefore, the core strategy for long positions should be to position at lows, reduce holdings at highs, and execute strict take-profit and stop-loss measures.

Altcoins experience intense volatility; recently, coins like FHE, RAVE, BEAT, ARC, and ZEC have seen obvious capital movements. High volatility indeed creates opportunities, but it also presents risks clearly. By pacing oneself, one can balance opportunities and risks effectively.