$ANKR
ANKR
0.00445
-0.22%
This narrative describes a gamma squeeze fueled by Chinese retail $BNB
BNB
607.48
+0.18%
and institutional demand. High-volume buying in Asian markets, paired with aggressive call option purchases, forced dealers to hedge by buying underlying assets, creating a feedback loop. While recent Chinese demand is historically high, labeling it a "bubble" or "crash" depends on specific market timing.