๐ Brief summary: $BTW
๐จSELL Long term
Market cap is $34.59B, but liquidity is only $3.11M โ even a small fund can push the price very strongly, but when whales sell, the price can drop quickly.
Extremely concentrated allocation: 1 wallet holds 78%, and the top 10 wallets hold 99% โ the price is almost entirely controlled by whales.
Only 27.1% of the tokens are in circulation; about 70.9% will be gradually unlocked until 2030 โ high long-term selling pressure.
The price once rose to $1.75 and then formed a very long candle wick; afterward, it broke below EMA7/EMA25 โ short-term upward momentum has weakened, and it is currently testing EMA99.
Conclusion: The project has potential, but the risks are very high. You can scalp when momentum is strong, but chasing the price at high levels is extremely dangerous.
$SOL
$LINK
#BTW
๐จSELL Long term
Market cap is $34.59B, but liquidity is only $3.11M โ even a small fund can push the price very strongly, but when whales sell, the price can drop quickly.
Extremely concentrated allocation: 1 wallet holds 78%, and the top 10 wallets hold 99% โ the price is almost entirely controlled by whales.
Only 27.1% of the tokens are in circulation; about 70.9% will be gradually unlocked until 2030 โ high long-term selling pressure.
The price once rose to $1.75 and then formed a very long candle wick; afterward, it broke below EMA7/EMA25 โ short-term upward momentum has weakened, and it is currently testing EMA99.
Conclusion: The project has potential, but the risks are very high. You can scalp when momentum is strong, but chasing the price at high levels is extremely dangerous.
$SOL
$LINK
#BTW
