$APE What is this market cap proportion, 🐶 Zhuan Tu what for?

After watching the market for half an hour, the buy orders above are so thick it’s scary, and the sell orders are a whole page and still not bottoming out—this isn’t support, it’s waiting for the dip buyers to come deliver themselves. As soon as the fee rate flipped positive, the short positions’ cost was cut again; the longer the bears hold, the more “unnecessary” money they pay for every extra minute.

To put it simply: do they not know how much of the circulating supply is locked up? This kind of pull isn’t lifting the price—it’s sharpening the knife at high levels, waiting to distribute. I’ll set my stop-loss around 1.95; once you’re short, there’s no rush—just wait for it to leak itself ⬇️