$BTW No wonder it's the monster coin king—those two V-shaped reversals have retail traders running around in circles 😂
One of the stronger altcoins recently. Based on the current chart, there’s solid support at 1.4 in the short term. The funding rate is now negative; the more people short, the stronger the market makers get. They keep harvesting both long and short positions, and this coin is still likely to rise.
Funds are still flowing into the on-chain market. If you're shorting it, you can wait for it to drop—but it's incredibly resilient. The daily chart has clearly stabilized. This surge and consolidation shook out a lot of retail traders’ positions, and the short-term trend is still pointing up—it’ll rise!
At the current price of 2.1, enter a small long position. The target is 2.52, with a stop-loss at 1.9.
#BTW
One of the stronger altcoins recently. Based on the current chart, there’s solid support at 1.4 in the short term. The funding rate is now negative; the more people short, the stronger the market makers get. They keep harvesting both long and short positions, and this coin is still likely to rise.
Funds are still flowing into the on-chain market. If you're shorting it, you can wait for it to drop—but it's incredibly resilient. The daily chart has clearly stabilized. This surge and consolidation shook out a lot of retail traders’ positions, and the short-term trend is still pointing up—it’ll rise!
At the current price of 2.1, enter a small long position. The target is 2.52, with a stop-loss at 1.9.
#BTW