To deal with these small coins, the key is to monitor the flow of funds. Currently, these projects are in a very weak rebound stage, and short-term shorting is actually quite manageable in terms of risk—just set a proper stop-loss point, and the profit-to-loss ratio can be very comfortable. Simply put, at this stage, short it first, and consider adding long positions when the funding situation improves. Taking PIPPIN as an example, this is a typical application scenario of this approach. The key is not to be greedy; executing stop-losses properly is more important than anything else.