Recently, there have been quite a few interesting observations about the $PIPPIN$ trend in the market. That rapid surge is indeed worth examining—sudden price shocks often trigger a large number of stop-loss orders, which can then lead to forced liquidations of short positions. Such operations are common in the market and are usually aimed at clearing short-term resistance.

From a technical perspective, this rally looks more like a short-term rebound or a trap for more gains. Without sustained capital support, a pullback is likely to follow. If you haven't yet participated in short positions, you can watch for suitable entry points at the rebound highs. Once technical reversal signals are confirmed, the success rate of opening short positions will be higher.

It is said that some people have already been positioning around 5.7. Where are your current entry points?