$W Don’t rush to jump in just because $W is surging—the protocol’s fundamentals are completely hollow. DefiLlama shows zero net revenue, and all $18,600 in fees over the past 30 days went to relayers. Token holders get no share of the revenue: a textbook case of a project with no value capture.
The daily RSI has hit an absurdly overbought 88, and the rally is nothing but a smokescreen for whales cashing out. A whale with a cost basis of 0.0145 decisively dumped 3.27 million tokens when the price pushed above 0.029, leaving a long upper wick at 0.0302. On top of that, a massive 50.4 million-token unlock on October 16 is looming overhead. Longs in profit around 0.03 need to lock in gains and close out—the current price is a downright suicidal entry point.
#比特币期权波动率创五年新低 #W $W
#W $W
👇
The daily RSI has hit an absurdly overbought 88, and the rally is nothing but a smokescreen for whales cashing out. A whale with a cost basis of 0.0145 decisively dumped 3.27 million tokens when the price pushed above 0.029, leaving a long upper wick at 0.0302. On top of that, a massive 50.4 million-token unlock on October 16 is looming overhead. Longs in profit around 0.03 need to lock in gains and close out—the current price is a downright suicidal entry point.
#比特币期权波动率创五年新低 #W $W
#W $W
👇