Looking at this PIPPIN market trend, the familiar pattern has reappeared. After a sharp surge earlier, we are now in a sideways consolidation phase with decreasing volume, and prices are oscillating in place. I've seen this situation many times before, and it usually means the market is digesting the previous gains.

To be honest, this price increase isn't backed by strong fundamentals; it's purely driven by news and market sentiment. Many coins have done this in the past—rising aggressively, only to be followed by a sharp correction. But claiming a top now would be too hasty; until clear reversal signals appear, anything can happen.

From a technical perspective, the situation is actually quite interesting. The 1-hour RSI is approaching the critical 70 level, indicating strong momentum. However, on the 4-hour chart, the RSI is around 56, suggesting the upward momentum is still in the middle range. The daily chart might even be in the early stages of an uptrend. The different behaviors across these three timeframes reflect that there’s still plenty of room for the market to move.

The most important thing to watch is trading volume. Currently, volume has dropped 66% from the previous high, which is a very significant signal. If the price can hold steady and volume gradually picks up, it could be preparing for the next rally. Conversely, if volume continues to decline and prices start to drift downward, the risk of a correction increases.

Finally, my advice is: don’t guess where the top is. Without clear signals from the market, counter-trend trading is just giving away money. The most rational approach now is to wait and see, understand the trend before taking action. With such volatile market swings, sometimes doing nothing is the best choice. Blindly entering the market will only end up hurting retail investors the most.