[2024.2.24 and yesterday after UNI increased the income of pledgers through a new plan, CAKE followed up today. As SUSHI, which relied on imitating UNI, I believe that it can follow up and release new income distribution proposals at any time! 】
①The reason why DEFI has pushed up violently this time is mainly to tell the market that the market situation is not over yet. Why has DEFI, which has led the big bulls in 21 years, not exploded yet? So will the various DEFI faucets after DEFI take off in turn after UNI/SUSHI/CAKE?
② This expectation exists, so recently we have been looking for sluggish sectors and currencies, and it is still a good choice to look for layout opportunities based on the "heavyweight projects" of the previous bull market!
③ Let’s briefly talk about SUSHI today. At the moment, it is consolidating at the key point of 1.73, and it is back to the 1.6-1.68 range. If it does not fall below, or it falls below and then recovers, then it is a low long signal, so you can boldly play!
④Daily K continues to rise in both volume and price. If it cannot close above 1.73 at 8:00 tomorrow, there is still room to explore. Then look at the 1.55-1.6 range. If this range is not broken, it will be a low-long signal tomorrow, and you can also play it once!