I warned about this in advance.
$BTW received a very sharp dump, and the situation still doesn’t look fully resolved. Market data shows that exchange outflows and sell pressure remain a risk factor for the coin.
The most important thing right now is not to try to catch the bottom in a hurry.
While transfers to CEX continue, the risk of another round of pressure on $BTW remains high.
That means the market may still deliver an additional wave of weakness if sellers don’t stop.
I’d focus not on emotions, but on the price reaction:
• if there is stabilization after the dump, it could be a sign of a local reset;
• if the drop continues together with new transfers to the exchange, the weakness is probably not over yet.
Right now for $BTW , the key is caution. These moments often become a trap for those who rush to get in first.
$BTW received a very sharp dump, and the situation still doesn’t look fully resolved. Market data shows that exchange outflows and sell pressure remain a risk factor for the coin.
The most important thing right now is not to try to catch the bottom in a hurry.
While transfers to CEX continue, the risk of another round of pressure on $BTW remains high.
That means the market may still deliver an additional wave of weakness if sellers don’t stop.
I’d focus not on emotions, but on the price reaction:
• if there is stabilization after the dump, it could be a sign of a local reset;
• if the drop continues together with new transfers to the exchange, the weakness is probably not over yet.
Right now for $BTW , the key is caution. These moments often become a trap for those who rush to get in first.