Coin $APE has become the focus of the market, with its price showing a significant increase on the daily chart, bringing early investors considerable gains. However, the current pursuit of gains may face the risk of a Bitcoin price correction. Judging from the weekly chart, APE currency is close to the key resistance level of around $1.35, and the technical indicators on the weekly chart still show a bearish trend.

For those investors who firmly believe that a bull market is coming and intend to hold the spot for a long time, buying now may not hurt. However, for those investors who plan to go long directly, it is recommended to think twice before making a decision. If you are optimistic about the long-term prospects of APE Coin, you can wait until the price pulls back to around $0.88 before considering buying. Even if APE currency breaks through the weekly pressure level, there may be a correction in the market outlook, so investors do not have to rush when buying.

In general, although APE Coin’s performance today is impressive, investors should remain cautious when operating, pay close attention to market dynamics, and make wise decisions based on their own risk tolerance and investment strategies.