灰鹅

Regarding BTW’s market行情 for today (October 4), the current market conditions are more tilted toward a high-risk contest after extreme volatility rather than a steady and reliable entry point. The following is a strategy analysis based on the information currently available:

📉 Core contradiction: a spike and fade, and the “good news already priced in”

Key signal: On October 2, BTW ended a DeFi incentive campaign for Binance Wallets, hitting a low around 0.9267; the 24-hour drop reached 34.1%, showing a typical pattern of “good news兑现 then a sudden crash.”

📊 Technical warning signs

· Confirmation of a top divergence: Since September 13, the price has made new highs, but the RSI indicator’s peak has fallen from 80 to 70. Such a bearish divergence usually means bullish momentum has already substantially weakened.
· Key support broken: The primary support level $1.3448 mentioned in the earlier article has been breached, and the current price is now seeking support at lower levels.

🎯 Trading strategy: defense and waiting

In this high-volatility environment where the trend is weakening, chasing gains is extremely risky. The strategies below are for reference only and do not constitute investment advice:

1. No position: mainly observe
The price is currently in a “no-support zone,” and after a big drop, it is often followed by violent consolidation. Until a clear止跌 pattern appears (e.g., a long lower wick, or a bullish engulfing with strong volume), it’s not advisable to blindly bottom-fish. You can patiently wait for the price to stabilize at a lower level (such as the Fibonacci retracement area around $0.70–$0.85) before reevaluating.

2. In-position traders: strict risk control
If you still hold a position, the most important thing now is to set a stop-loss. Given the 34% day decline, a rebound could happen at any time, but if the price cannot quickly reclaim the $1.00 level, the downward trend may continue. Also, prevent further cascading liquidations caused by continually falling open interest (OI).

3. Short-term trading (high risk)
Only suitable for traders with very strong risk tolerance. If the price is in the 1.10–$1.20 range. But you must strictly adhere to your stop-loss; once it breaks today’s low, exit immediately.

Summary: BTW is going through a “post-stimulus ebb” period. The repair process after being severely overbought on the technicals is often painful and lengthy. Waiting with no position for right-side confirmation is currently the best risk-reward choice. #btw

The contract open interest of $BTW is 60m less than yesterday, it seems a big player has made enough and run away.

What time does the NEST stock airdrop start?

Earning on the Binance Square nowadays is getting too hard

$BTW Since there’s this big investor, we still need to keep pumping

$BANK This price action feels like it’s about to start flooding.

$AKE take profit 0.08

$AKE 0.05 Get off the bus; I don’t know whether they’ll give me a chance.

$AKE contract position volume hasn't changed much, it's still 34m; the fund hasn't left yet

Fall down and pull back up immediately

$AKE

Reset everything, air coins

0.1 See

$AKE doesn't 0.1 I live stream jujube Fuku

$AKE little ants can bite elephants too; take profit 0.1—consider it like buying a lottery ticket

$SLX What are you afraid of? Just do it. It will be completed within 5 days

We gotta see this wave hit above 0.1, especially with that $COLLECT .

Double top pattern spotted at $LAB , a potential drop is on the horizon.

$CHIP 123

$AVNT Let's take off quickly, I need to recover some gains!

$RAVE Fortune seeks danger, buying at the bottom