The recent phenomenon of interconnection in the AI MEME track is worth关注. From the market performance perspective, after PIPPIN completed a more than doubling increase, similar AI-themed tokens responded accordingly. This synchronized upward movement is not a coincidence.

Careful observation of the market structure shows that PIPPIN is playing the role of a "main switch"—its trend directly influences the rhythm of the entire sector. This leading effect is not uncommon in the crypto market, but when the entire track is highly synchronized, it often indicates a larger game at play.

What is even more worth警惕 is the abnormal performance of AVA. This project with the lowest market cap has an open interest that has already exceeded its own market cap plus related sub-project levels, indicating a明显不平衡的OI结构. Historical experience suggests that such situations usually correspond to high volatility—whether upward or downward, the力度 will be very fierce.

The market manipulation on SWARMS also draws attention. Market sentiment has明显升温, retail investors see the expectation of "continue doubling," but the more一致的狂热, the closer it often is to a turning point.

Based on the current structure, the key to trading is to grasp the节奏: First, PIPPIN's key support level is crucial—once broken, it signals a撤退. Second, projects like AVA with abnormal OI should only be approached with分批布局 and pulse trading, and are not suitable for long-term holding. Finally, for the拉盘段 like SWARMS, following the trend while avoiding追高末端 is the most稳妥 approach.

Overall, when PIPPIN truly破位, the entire AI sector may experience a collective踏空. At that point, market sentiment will quickly逆转, and individual selling reactions often cannot跟上价格下跌的速度.