$CAKE This move is getting interesting. Up 1.06% over 15m—not dramatic at first glance, but volume hit 2.12x and the taker buy/sell ratio was 2.48, so buyers are genuinely sweeping the book. More importantly, OI jumped 0.9% in just 15m, at the 99th percentile for unusual activity and ranked #5 across the entire pool—this isn't shorts covering; new leveraged longs are entering. Price just closed near the top of its last 20 five-minute candles, and the funding rate has also climbed to a recent high percentile. The move has continued across multiple timeframes, and order-book depth has confirmed it too. With this setup, either the squeeze continues or this is the spark for a liquidation cascade. I'd first wait to see whether price can hold above this range before drawing any conclusions.