In the cryptocurrency market, investors often make trading decisions based on market fluctuations, and $APE (ApeCoin) is no exception. Today, the price of $APE reached around $1.25, and many people began to post orders to short. This behavior is jokingly called the "absurd mirror" because it looks like jumping in and out of price fluctuations, and such a request has never been seen. This does not seem to be much different from directly sending funds to the main force.
$APE's resistance levels are at $1.65, $2.25, $3.05, and $3.7, etc. Investors are speculating on which resistance level this wave of market can reach. If $APE can close a strong positive candlestick today, it is foreseeable that the price may continue to rise tomorrow.
It is worth noting that ApeChain and its official cross-chain bridge are online, and users can now cross-chain tokens such as ETH and APE into ApeChain. In addition, ApeChain's core user incentive plan will also be launched in the near future, which may have a positive impact on the price of $APE.