Pippin has a high degree of control, and its market performance exhibits a typical "whale stock" pattern.

Conclusive evidence of high control:
• Hourly deep washout: 24-hour candlestick charts show repeated deep V-shaped patterns, with immediate rebounds after declines, with precise timing like a clock, which is clearly not retail investor behavior
• Abnormal on-chain data: Some wallets concentrate accumulation and refuse to sell, forcing short positions to liquidate through "spikes," creating a "death cycle" of leverage
• Community consensus: Some investors directly refer to it as "Pixiu Coin," indicating extremely high control

Current technical situation (as of January 23, 2026)
Daily level:
• On January 22, a "Three Outside Up" pattern appeared; on January 21, a bullish engulfing pattern appeared
• But on January 20, a "Falling Three Methods" (descending three) bearish pattern appeared
• On January 18-19, continuous top signals such as doji stars appeared, indicating increased bullish-bearish divergence
Hourly level:
• On January 23, frequent bearish patterns such as "Advance Block Bearish" appeared on 15-minute and 30-minute charts
• Multiple periods showed bearish doji stars and bearish engulfing patterns
• Volatility was intense, with a "Falling Three Methods" pattern appearing at 23:00 on January 22
Future trend judgment
Short-term decline is possible but with extremely high risk:
1. Signs of technical weakening: multiple short-term timeframes show bearish patterns, with dense top signals on hourly charts
2. Breakout failure: price has broken the original upward trendline, testing support areas, but bullish buying is cautious
3. However, the controlling main force dominates: deep V washout indicates the main force is still actively controlling, and the decline may only be a shakeout of floating positions
Key risks:
• In such highly controlled coins, the main force can reverse operations at any time
• There is an extreme risk of "99% surge or crash"
• Short-term technical indicators may become completely invalid under strong control

Although multiple bearish signals appear on the technical side, in a highly controlled environment, the price trend entirely depends on the main force's intentions. Ordinary investors face a "guessing game" rather than normal trading.