Currently, $BTW is mainly being bought on the spot and OTC markets, as well as for speculation. On futures, people mostly just follow the price upward by going long, while there are very few shorts left. After some time, most of them have been shaken out, and now there are hardly any leftโmostly just hedge positions opened by the longs themselves. Meanwhile, the top 10 wallets continue to hold more than 95% of the current total supply. If they only buy and never sell, how could the market remain balanced? So the price is almost certainly not going to fall; it will keep rising as the number of tokens still in circulation decreases... The main thing everyone is wondering about right now is how hard it will dump... Spot is no problem, but futures are different. After what happened $DOS yesterday, I remembered that Binance also has an Auto-Deleveraging (ADL) risk-control mechanism. When it is triggered, if the top holders take profits and cause the price to drop sharply, and any long positions are liquidated beyond the insurance fund's capacity or the LONG/SHORT balance, this mechanism will identify short positions it deems capable of offsetting the risk and automatically close them. In that case, those of you shorting might not necessarily make enough to offset your losses. So keep a close eye on things and take profits at the best possible time... P.S. Under the ADL mechanism, each pair has a liquidation insurance fund (to put it bluntly, so the exchange doesn't lose money when funds are pooled). But with BTW... long positions have become far too large compared with shorts, and the risk keeps increasing.
$BTW 10 when he jumped in, 7 shorts, 3 others opened Long but also hedged short, and finally one guy on top slapped both of them in the face after he got 99 sources of supply, so OI didnโt jump much, but the price kept rising steadilyโevery now and then he lightly closed some positions, then gradually kept scooping more... This is also why you donโt see any big single spike
$PUMP Brothers, stay calm. Itโs still over 2 weeks until itโs unlocked, so take your time and donโt push each other... Also, early this week, $BTC already jumped in, so whatever happens, donโt rush...
$BTW Keep going, there are a few KOLs out there calling for going long, so you should go long too. After all, there's still almost a week before the unlock, so the chances to pump strongly are still there. As for me, Iโll just wait for a strong rebound; before the unlock day, Iโll only short. My capital is small, so I donโt dare stay stuck here with the likes of them.
$BTW itโs really a shame; heard someone threaten $3 $5โwhile sleeping it dropped to 0.7x and it already took a bite of TP. Anyway, just wait for it to bounce back up, then short again.
$BTW sร n and dev pump of this size but those KOLs still keep trying to lure people into it no matter what :| how many lessons are still there, and unlock day is still almost a whole week away, so when it dumps, we don't know how far it will go...
$BTW High chance there will be another round of shady pumping a few more times when the big unlock day ~101.7 million tokens is coming, and somehow there will always be a big drop so the fish can get out of the bag a bit before they push harder.. Usually there are 2 scenarios: 1) they pump hard once, then go back down to the underground before the unlock, like $AKE , and then wait for the next opportunity; or they accumulate for a few days like $BR and then gradually dump. No matter what, there will always be a chance to short back to the shore and pull in more longs to hold the bag.... Every altcoin is exactly the same, and yet they still never manage to get out :(
$BR Don't calculate with this chart or whatever with shitcoins; just look at the volume and the buy order book and you'll know there's only the exchange and the dev pumping. And it's also them who open a hedge. As for the little minnows, just a few small fish.
$BR Brothers, be careful with this one. According to Vol, itโs almost 100% Long; the rest is just opening a protective hedge. So for now, avoid going Long on this when the price is already too high. At the same time, if anyone has a good short entry, feel free to hold it.
$BULLA Brothers, pay attention to this trash coin. It has a history of pumping fast and dumping just as fast. In 1 hour, it can pump 100x and then dump 120x right away.
$BTR finally realized turning back is the shore, turning once and taking profit of over 8 million is one thingโthereโs a good chance that after reaching shore, theyโll drill once more...
$LAB After taking a hit from some pump-and-dump junk tokens, it seems I've managed to regain quite a bit of luck. That's why the top coins are still the best