To be honest, the $BAS movement is quite interesting. After a pullback, it shot up like a V, and the volume backs it up, showing that the bulls are defending key levels quite firmly. Right now, the market sentiment is a bit weak, which ironically makes it easier for altcoins to pop off since funds tend to concentrate on lower market cap coins. Looking at the bearish data, the shorters have plenty of fuel; open interest hasn’t dropped. If we continue to pump, those shorts will get squeezed and turn into a catalyst, so the short-term breakout potential is worth keeping an eye on. A low market cap is a double-edged sword, but as long as there's enough liquidity, it's not a big deal as long as you don’t chase the highs. We're already up 39%, but I feel like we haven't hit the ceiling yet. It all hinges on whether we can hold above the previous highs; if we can break out with volume, the next leg up will open up. However, we also need to watch out for a sudden market crash because if sentiment turns cold, those altcoins can flip on you in an instant.

#BAS #山寨币 #contract