APE This line has been lifting up across the last few market cycles. You can take it out and talk about it separately for a couple of minutes.
At the contract-layer risk control level, everything checks out. The distribution of holding addresses is relatively scattered, and there isn’t that awkward structure where the float is effectively controlled by just one or two addresses. Smart money has recently shown real activity—trading density has clearly stepped up compared with the earlier period, and liquidity depth has followed by supporting the existing orders on the book. There hasn’t been a situation where one sell-off would punch through layer after layer of thin liquidity.
On the social media side, this line’s heat has also picked up. Metrics like Twitter discussion volume and on-chain engagement are still trending upward. We’re looking at a target where the capital flows and the sentiment are moving in sync—this kind of structure isn’t very common in the current market environment.
For how we handle the chart, I’ll first place it into an observation order. I’ll see whether the support/acceptance layer can stay stable at the current level, and whether new capital is willing to continue increasing the thickness of the resting orders. If the timing works out, then we can decide on the next step without rushing it.
At the contract-layer risk control level, everything checks out. The distribution of holding addresses is relatively scattered, and there isn’t that awkward structure where the float is effectively controlled by just one or two addresses. Smart money has recently shown real activity—trading density has clearly stepped up compared with the earlier period, and liquidity depth has followed by supporting the existing orders on the book. There hasn’t been a situation where one sell-off would punch through layer after layer of thin liquidity.
On the social media side, this line’s heat has also picked up. Metrics like Twitter discussion volume and on-chain engagement are still trending upward. We’re looking at a target where the capital flows and the sentiment are moving in sync—this kind of structure isn’t very common in the current market environment.
For how we handle the chart, I’ll first place it into an observation order. I’ll see whether the support/acceptance layer can stay stable at the current level, and whether new capital is willing to continue increasing the thickness of the resting orders. If the timing works out, then we can decide on the next step without rushing it.