$APE is pumping for 2 reasons: 1) its widely hated and shorted so funding is negative leading to large short squeezes 2) Ape Chain built on Arbitrum orbit is launching imminently and KOLs are pushing the narrative + merchandise

#Bitcoin Still chopping around its bull market support band. It doesn't want to leave this price region alone just yet. Each breakout is followed by a rejection and each move lower is followed by a bounce. Pretty typical for most of 2024 so far.