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$APE Strong rebound with a surge of over 110%, NFT ecosystem warms up, bullish trend is clear!
On-chain data shows that last night, large funds approximately $1 million entered the market before the rise;
Then a bunch of new wallets followed with high leverage to aggressively buy, directly pushing the price to double; trading volume was $950 million.
Now it has pulled back after the surge, funds are actively attacking, low-position chips are concentrated, and the trend is bullish.
Short-term support: around 0.18-0.16 for low buy-ins.
Short-term resistance: 0.24-0.28 for partial profit-taking.