The large pancake in the morning has hit the stop-loss, and chasing a long position at a high has already resulted in 380 points.
Looking at the second pancake, it just reached the short position from this morning! Awkward.
With the large pancake rising like this and not coming down, the second pancake is still stagnant. Only the large pancake and BNB are rallying, while altcoins are not following; it seems they are waiting for the large pancake to reach its previous highs before they join in.
The liquidation map shows no one is chasing the rise, and the 4-hour RSI indicator is overbought.
Large pancake short positions entered at 696-702, targeting near 686.