$BTW this morning's drop was pretty brutal, hitting a low of 0.051, but it bounced back. However, the 15-minute chart shows a retracement that didn't really extend, and the price is slowly grinding back to around 0.074.
On Binance, the 1D chart is still around -19%, and trading volume and discussions are decent, but this kind of market is super tricky: it looks lively, yet the candlesticks haven't truly stopped the bleeding.
I'm hesitant to directly translate 'hype' into opportunity.
Some hype is indeed an opportunity, while other hype is just a spectator's view of a disaster.
Let's first see if it can reclaim the short-term moving averages. Jumping in right now might not yield the best results.
On Binance, the 1D chart is still around -19%, and trading volume and discussions are decent, but this kind of market is super tricky: it looks lively, yet the candlesticks haven't truly stopped the bleeding.
I'm hesitant to directly translate 'hype' into opportunity.
Some hype is indeed an opportunity, while other hype is just a spectator's view of a disaster.
Let's first see if it can reclaim the short-term moving averages. Jumping in right now might not yield the best results.