Not much to say here, want to highlight two points. Price is being attracted to huge FGV areas created by panic sell-offs, the second, massive sell orders at 1,2usd indicate overleveraged positions were closed by margin calls removing possible sell-offs later at higher prices.
Cake fell much more than other coins, hope we can pickup soon as the platform is one of the best if not the best defi in my honest opinion.
Idea will be invalidated at strong 2usd price pushback.