This week's initial pancake's upward momentum has slowed after a recovery, rising to nearly 8.6 before retreating, currently hovering above 8.4.
Last week, it rose by 10%, followed by a mild correction. The futures market sentiment did not follow the surge, with a significant rise from November 2024 to early 2025, but the futures sentiment index peaked early and has now declined, approaching support levels, possibly due to profit-taking, among other factors.
However, there are optimistic signs in the derivatives activity; the buy/sell ratio of its participants shows that bullish trading is once again active, which, while not guaranteeing a market reversal, may bring short-term momentum. #加拿大推出SolanaETF #币安上线WCT