#CAKE
《Unlocking is Imminent———cake Position Update》
The recent news about Cake unlocking has stirred a lot of buzz, and many fans have inquired, worrying about the potential for profit taking. However, there are no signs of a pullback based on the trend.
Having firmly established support around 1.98, the trend is also showing an upward trajectory. When the overall market rebounds, the unlocked chips may not necessarily be sold off, and can still be held.
We have added to our position around 1.6. In terms of operations, if it falls below the support around 1.98, we will reduce our position in advance to lock in profits. If it rebounds, we can then reach our reduced position around 2.5. Should there be any changes, we will update with a subsequent post.