Guys, if $BTW reaches $10 someday, honestly, I wouldn't be surprised. This token is absolutely crazy! 🙀
Yesterday my $BTW short configuration got invalidated, and I'm genuinely shocked by how far it pumped. Spot flow was deeply negative, so my expectation was that it might push a little higher, then face a sharp pullback before the market decided its next direction. I wanted to catch that potential drop, but instead, BTW kept pushing higher without giving the pullback I was waiting for.
Looking back, I may have underestimated how much the crowded short positioning could fuel the squeeze. Bitrue's spot listing may also have added momentum. Both factors made this move much stronger than I expected.
But I don't think we're necessarily too late. I'm not saying buy here and expect $10 tomorrow. After such an explosive move, I want to see whether a meaningful pullback comes. If price drops sharply, stabilizes, and starts consolidating, I may consider accumulating for another leg up.
Remember, a few weeks ago I compared BTW's structure with $LAB . Both showed explosive upside moves and sharp pullbacks. I've been bullish on BTW on the longer timeframe from the beginning. I suggested accumulation around $0.38, and I bought around $0.40 myself.
We've already booked solid profits from BTW on both shorts and longs. From what I remember, yesterday's setup was the only BTW configuration among my 20+ analyses that got invalidated.
Still, after this kind of pump, the risk is high. Don't chase blindly. I'll watch the pullback and may cover BTW again today. My other configurations are still running.
GM guys ❤️🐱 Let's see what the market gives us today!
Yesterday my $BTW short configuration got invalidated, and I'm genuinely shocked by how far it pumped. Spot flow was deeply negative, so my expectation was that it might push a little higher, then face a sharp pullback before the market decided its next direction. I wanted to catch that potential drop, but instead, BTW kept pushing higher without giving the pullback I was waiting for.
Looking back, I may have underestimated how much the crowded short positioning could fuel the squeeze. Bitrue's spot listing may also have added momentum. Both factors made this move much stronger than I expected.
But I don't think we're necessarily too late. I'm not saying buy here and expect $10 tomorrow. After such an explosive move, I want to see whether a meaningful pullback comes. If price drops sharply, stabilizes, and starts consolidating, I may consider accumulating for another leg up.
Remember, a few weeks ago I compared BTW's structure with $LAB . Both showed explosive upside moves and sharp pullbacks. I've been bullish on BTW on the longer timeframe from the beginning. I suggested accumulation around $0.38, and I bought around $0.40 myself.
We've already booked solid profits from BTW on both shorts and longs. From what I remember, yesterday's setup was the only BTW configuration among my 20+ analyses that got invalidated.
Still, after this kind of pump, the risk is high. Don't chase blindly. I'll watch the pullback and may cover BTW again today. My other configurations are still running.
GM guys ❤️🐱 Let's see what the market gives us today!