In just 68 days, $币安人生 skyrocketed by 2300%, but now I'm just wondering when the pullback will hit. It's already climbed to 40th place in market cap rankings on the exchange.
$CAKE , as a DEX on BSC, has a market cap less than half of that, and the short-term sentiment is way too high. There's a lot of profit-taking that could trigger a cascade at any moment. Currently, the funding rate is still in the green, but the price has started to show frequent spikes. The bulls are cashing out while the bears face massive liquidations. Smart money has the bull position at 0.4, and currently, all contracts have doubled. Expect frequent spikes here followed by a potential crash soon.
$CAKE , as a DEX on BSC, has a market cap less than half of that, and the short-term sentiment is way too high. There's a lot of profit-taking that could trigger a cascade at any moment. Currently, the funding rate is still in the green, but the price has started to show frequent spikes. The bulls are cashing out while the bears face massive liquidations. Smart money has the bull position at 0.4, and currently, all contracts have doubled. Expect frequent spikes here followed by a potential crash soon.